DGAP-News: Energiekontor AG / Key word(s): Disposal/Contract
Energiekontor AG sells Zapel solar park

07.06.2019 / 12:21
The issuer is solely responsible for the content of this announcement.


- Project sale of the Bremen project planner

- Capacity is enough for 1,700 households

 

At the beginning of March, Energiekontor AG concluded a share purchase agreement with the Danish investor Clean Energy Invest ApS for 100% of the shares in the Zapel solar park. Besides two wind projects, this is the first solar park that Clean Energy Invest ApS acquires from Energiekontor. This week the transaction was entered into the commercial register.

The Zapel solar park, which was connected to the public grid in February 2019, is located around 15 km east of Schwerin (Mecklenburg-Western Pomerania). The PV free-field plant, consisting of 22,008 PV modules, has an output of approx. 6.3 MWp and is expected to generate an average of around 6.4 million kilowatt hours per year. This amount of electricity is mathematically sufficient to cover the needs of more than 1,700 households.

As the approval for this solar park was granted in February 2017, the electricity will be remunerated at the relatively attractive conditions of the tender date at that time.

Peter Szabo, CEO of Energiekontor AG, is satisfied: "The sales process of the Zapel solar park went smoothly and as planned. It is foreseeable that solar parks will play an increasingly important role for Energiekontor, both in the sale of projects and in the long term in the portfolio of own parks. Solar energy has proven that it can at least compete with conventional energy sources at many locations and we therefore expect a significant acceleration of the national and above all international expansion of capacities. We are at the dawn of a new era and Energiekontor is striving to play an important role in this."

"Energiekontor and we share the common goal of pushing ahead with the expansion of renewable energies. This solar park project has once again shown that with Energiekontor we have a reliable partner who realises projects efficiently and with whom we are happy to cooperate." adds Martin Christensen, Partner of Clean Energy Invest ApS.

 

About Energiekontor AG:

For nearly 30 years, Energiekontor has stood for a sound approach to business and a wealth of experience in wind power. Formed in Bremerhaven in 1990, the company was one of the pioneers in the industry and is now one of the leading German project developers. Its core business covers planning, construction and operational management of wind farms in Germany and abroad, and was expanded to include solar power in 2010. Energiekontor also currently owns and operates wind farms and a solar park with a total rated power of around 280 megawatts. Energiekontor AG intends to be a pioneer when it comes to economic viability in realising the first wind farms and solar parks at market prices without state subsidies in all target markets as quickly as possible.

In addition to its headquarters in Bremen, Energiekontor also maintains offices in Bremerhaven, Hagen im Bremischen, Aachen, Dortmund, Bernau (near Berlin) and Potsdam. The company also has branch offices in England (Leeds), Scotland (Glasgow), Portugal (Lisbon), the Netherlands (Nijmegen), the US (Austin/Texas and Rapid City/South Dakota) and France (Toulouse, Rouen).

The track record speaks for itself: 122 wind farms and seven solar parks completed with a total rated power of approx. 1 gigawatt. This corresponds to an investment volume of more than EUR 1.6 billion.

Energiekontor went public on May 25, 2000. The shares of Energiekontor AG (WKN 531350/ISIN DE0005313506) are listed in the General Standard segment of the Frankfurt Stock Exchange and can be traded on all German stock exchanges.

 

Contact:

Investor Relations / Press
Peter Alex
Tel.: +49 421 3304-126
E-Mail: : Peter.Alex@EnergieKontor.com

Energiekontor AG Reuters: EKT ISIN: DE0005313506



07.06.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Energiekontor AG
Mary-Somerville-Straße 5
28359 Bremen
Germany
Phone: 04 21/33 04-126
Fax: 04 21/33 04-4 44
E-mail: ir@energiekontor.de
Internet: www.energiekontor.de
ISIN: DE0005313506
WKN: 531350
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 821463

 
End of News DGAP News Service

821463  07.06.2019 

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