DGAP-News: Pacifico Renewables Yield AG / Key word(s): Expansion/Alliance 
Pacifico Renewables Yield AG partners with project developer Boom Power and secures access to a 1 GW+ pipeline in the 
UK 
2021-03-16 / 08:26 
The issuer is solely responsible for the content of this announcement. 
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Pacifico Renewables Yield AG partners with project developer Boom Power and secures access to a 1 GW+ pipeline in the 
UK 
  . Exclusive access to photovoltaic and battery storage assets in the United Kingdom 
  . Almost tripling Pacifico's pipeline to more than 1.6 GW and further diversification 
  . Important milestone towards becoming a platform for project developers 
Gruenwald, March 16, 2021 - Today, Pacifico Renewables Yield AG (ISIN: DE000A2YN371) ("Pacifico"), an independent 
renewable energy producer listed in the primary market segment (Primärmarktsegment) of the open market of the 
Duesseldorf Stock Exchange, signed a Right of First Offer agreement with Boom Power Ltd and Boom Developments Ltd 
("Boom Power"), a solar park and energy storage developer based in the United Kingdom. The partnership grants Pacifico 
priority access to Boom Power's pipeline of currently more than 1 GW of utility scale photovoltaic and battery storage 
assets in the United Kingdom being developed by an experienced team of industry experts. Pacifico's pipeline thus 
expands significantly from more than 600 MW to over 1.6 GW. 
Christoph Strasser, Co-CEO of Pacifico: "With the Boom Power partnership, we have secured another strong pipeline for 
our dynamic growth over the next years. Moreover, we are laying the foundation to enter the UK photovoltaic market 
while, at the same time, giving us the opportunity to assess entering the battery storage market. With the UK's 
ambitious net-zero greenhouse gas emissions target and current focus on offshore wind, solar and battery storage will 
play an increasingly important role as complementary technologies in the UK's future power system." 
The partnership gives Pacifico priority access to planned utility-scale solar parks and battery storage assets across 
the United Kingdom of more than 1 GW. These assets supplement Pacifico's pipeline which comprises renewable energy 
projects in Germany, Poland, the Netherlands, Italy and Spain. The first solar park being developed by Boom Power in 
the United Kingdom is expected to be connected to the grid in 2022. 
Mark Hogan, Managing Director of Boom Power: "Our team of experts has played a vital role in projects ranging from 1 MW 
to the largest pioneering project which has the potential to achieve an impressive installed solar capacity of over 400 
MW alongside 1.4 GWh of battery storage. We have also overseen the first-of-a-kind solar and storage solution which is 
amongst the largest worldwide, setting a precedent for future installations. In total, the team has collectively 
developed and constructed over 1 GW of solar energy internationally. Looking ahead, our current UK combined development 
pipeline consists of more than 550 MW solar and 450 MW storage projects which is hugely exciting. This will provide the 
grid with greater stability to actively pave the way to a brighter future for us all. Solar and storage are of 
particular importance in the UK given the continued growth of renewable generation which requires greater network 
stability and short-term demand response. We are delighted to be partnering with Pacifico who have great ambition which 
aligns entirely with our collective aspirations." 
According to the Right of First Offer agreement, Pacifico will receive the right but not the obligation to submit the 
first offer to acquire any renewable energy or energy storage project developed by Boom Power. The close partnership 
and the ability to acquire projects before their commercial operation date allows Pacifico to structure tailored energy 
offtake and financing agreements. Pacifico has a similar partnership agreement in place with the project developer and 
asset manager Pacifico Energy Partners GmbH in Munich. Overall, Pacifico will maintain a conservative strategy and will 
only invest once they are convinced that key development risks have sufficiently been absorbed and a ready-to-build 
status has been reached. 
Martin Siddiqui, Co-CEO of Pacifico: "Our partnership with Boom Power marks an important milestone and is another proof 
of concept for our business model to become a platform to the capital markets for many project developers in the 
renewable energy industry. We are looking forward to unleashing the huge potential of this exciting collaboration, 
which makes us even more confident to reach our mid-term target of a 400 MW portfolio by 2023." 
About Pacifico Renewables Yield AG 
Pacifico Renewables Yield AG is an independent energy producer listed on the open market of the Dusseldorf Stock 
Exchange with additional requirements (Primärmarkt) (ISIN: DE000A2YN371) with the aim of building up a gradually 
growing portfolio of plants for energy generation from renewable sources. With operational wind and photovoltaic power 
plants spread across Europe, the Company offers a clear and diversified profile with stable and predictable earnings. 
About Boom Power Ltd 
Boom Power combine world class technology with industry leading expertise to deliver international solar infrastructure 
projects. Their ambition is underpinned by the formation of long-standing partnerships with one primary objective - to 
work in balance with nature to harvest energy sustainably, shaping the world for future generations. 
Disclaimer 
This press release may contain certain forward-looking statements, estimates, opinions, and forecasts concerning the 
future business situation, earnings situation, and results of Pacifico Renewables Yield AG ("forward-looking 
statements"). Forward-looking statements can be identified by words such as "believe", "estimate", "anticipate", 
"expect", "intend", "will", or "should" and their negation and similar variations or comparable terminology. 
Forward-looking statements include all matters that are not historical facts. Forward-looking statements are based on 
the current opinions, forecasts and assumptions of the Management Board of Pacifico Renewables Yield AG and involve 
significant known and unknown risks and uncertainties, therefore actual results, performance and events may differ 
materially from those expressed or implied by forward-looking statements. Forward-looking statements contained herein 
should not be construed as guarantees of future performance or results and are not necessarily reliable indicators of 
whether or not such results will be achieved. The forward-looking statements contained in this release are only valid 
on the date of this publication. We will not update the information, forward-looking statements or conclusions 
contained in this release in light of subsequent events or circumstances, nor will we reflect subsequent events or 
circumstances or correct inaccuracies that arise after the date of this release as a result of new information, future 
developments or otherwise, and we do not assume any obligation to do so. We do not assume any responsibility whatsoever 
that the forward-looking statements or assumptions contained herein will occur. 
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2021-03-16 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:      Pacifico Renewables Yield AG 
              Bavariafilmplatz 7, Gebäude 49 
              82031 Grünwald 
              Germany 
E-mail:       ir@pacifico-renewables.com 
Internet:     www.pacifico-renewables.com 
ISIN:         DE000A2YN371 
WKN:          A2YN37 
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Tradegate Exchange 
EQS News ID:  1175803 
 
End of News   DGAP News Service 
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1175803 2021-03-16

(END) Dow Jones Newswires

March 16, 2021 03:28 ET (07:28 GMT)