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SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

PRESS RELEASE : Pacifico Renewables Yield AG successfully completes acquisition of wind farm in Germany

03/30/2021 | 01:02am EDT
DGAP-News: Pacifico Renewables Yield AG / Key word(s): Acquisition 
Pacifico Renewables Yield AG successfully completes acquisition of wind farm in Germany 
2021-03-30 / 07:00 
The issuer is solely responsible for the content of this announcement. 
Pacifico Renewables Yield AG successfully completes acquisition of wind farm in Germany 
Gruenwald, March 30, 2021 - Pacifico Renewables Yield AG (ISIN: DE000A2YN371) ("Pacifico"), an independent energy 
producer listed in the primary market segment of the open market of the Dusseldorf Stock Exchange, has successfully 
completed the acquisition of an onshore wind farm with a capacity of 15.6 MW located close to Reudelsterz in 
Rhineland-Palatinate. All five turbines have been commissioned successfully in January and February 2021. The seller is 
New Energies Systems AG (Mayen, Rhineland-Palatinate). The signing of the purchase agreement had been announced on 5 
November 2020. 
The onshore wind park is expected to produce approximately 37 GWh of green electricity p.a. and reduce CO[2] emissions 
by almost 30,000 tons p.a. Based on a 20-year German feed-in tariff, annual revenues of approximately EUR 2.9 million 
are expected from this project. With the successful closing of the transaction the capacity of Pacifico's portfolio 
increases by 19% to 96.6 MW. 
Dr. Martin Siddiqui, Co-CEO of Pacifico: "The acquisition is another important step to expand our portfolio to 400 MW 
by 2023, reaching our mid-term target. With the new onshore wind farm, we also add additional stable income to our 
portfolio based on a 20-year government-guaranteed feed-in tariff." 
The transaction was fully debt-financed with Pacifico's EUR 16.3 million revolving credit facility ("RCF") provided by 
Triodos Bank N.V. 
Christoph Strasser, Co-CEO of Pacifico: "Once again, we were able to demonstrate our prudent use of capital. First, we 
invested after successful commissioning of the project, so only after the project has started to generate first cash 
flows. Second, we used part of our RCF to fully debt finance the acquisition and as a result realized maximum value for 
our shareholders." 
Pacifico Energy Partners GmbH will be mandated as asset manager for this new wind park. 
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. 
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. 
2021-03-30 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. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language:     English 
Company:      Pacifico Renewables Yield AG 
              Bavariafilmplatz 7, Gebäude 49 
              82031 Grünwald 
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:  1179464 
End of News   DGAP News Service 

1179464 2021-03-30

(END) Dow Jones Newswires

March 30, 2021 01:01 ET (05:01 GMT)

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Sales 2020 16,6 M 19,9 M 19,9 M
Net income 2020 1,56 M 1,87 M 1,87 M
Net Debt 2020 25,9 M 31,0 M 31,0 M
P/E ratio 2020 -
Yield 2020 -
Capitalization 109 M 130 M 130 M
EV / Sales 2020 8,12x
EV / Sales 2021 11,0x
Nbr of Employees 4
Free-Float 100%
Duration : Period :
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Technical analysis trends PACIFICO RENEWABLES YIELD AG
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Managers and Directors
Martin Siddiqui Co-Chief Executive Officer
Christoph Strasser Co-Chief Executive Officer
David Neuhoff Chairman-Supervisory Board
Bettina Mittermeier Vice Chairman-Supervisory Board
Verena Mohaupt Member-Supervisory Board
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