GLS Bank

The world’s first social and environmental bank, GLS Bank invested in renewable energy projects at an early stage. For example, the credit institute with a balance sheet total of 2.7 billion euros helped the famous Black Forest town of Schönau buy back its electricity grid. In 2012, GLS Bank gave over 20,000 loans with a volume of 1,417 million euros to social and environmentally-focused companies and projects, 31% of which were in the renewable energy sector. Now holding 13 MW of photovoltaics and 16 MW of wind power in our own assets, as well as commercially operating 90 MW of wind power and 18 MW of photovoltaics, we have years of planning and operational experience in addition to our financing expertise.