diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2b47aff..508d34c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,17 @@
 # Changelog
 
+## [1.2.0-rc0](https://github.com/hetznercloud/packer-plugin-hcloud/compare/v1.1.1...v1.2.0-rc0) (2023-11-02)
+
+
+### Features
+
+* receive repo transfer from hashicorp ([#95](https://github.com/hetznercloud/packer-plugin-hcloud/issues/95)) ([008082d](https://github.com/hetznercloud/packer-plugin-hcloud/commit/008082da523385a0ccc0956f594be33c3034eaf5))
+
+
+### Build System
+
+* setup release pipeline after transfer ([#100](https://github.com/hetznercloud/packer-plugin-hcloud/issues/100)) ([08c9695](https://github.com/hetznercloud/packer-plugin-hcloud/commit/08c96954b8fc451c363479d50854a78bb7052109))
+
 ## [1.1.1](https://github.com/hetznercloud/packer-plugin-hcloud/compare/v1.1.0...v1.1.1) (2023-11-01)
 
 ### New Features
diff --git a/version/version.go b/version/version.go
index bd21293..686b205 100644
--- a/version/version.go
+++ b/version/version.go
@@ -7,7 +7,7 @@ import "github.com/hashicorp/packer-plugin-sdk/version"
 
 var (
 	// Version is the main version number that is being run at the moment.
-	Version = "1.1.2" // x-release-please-version
+	Version = "1.2.0-rc0" // x-release-please-version
 
 	// VersionPrerelease is A pre-release marker for the Version. If this is ""
 	// (empty string) then it means that it is a final release. Otherwise, this