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ENCAVIS AG has been promoted to the STOXX Europe 600

·3-min read

DGAP-News: ENCAVIS AG / Key word(s): Miscellaneous
ENCAVIS AG has been promoted to the STOXX Europe 600
05.09.2022 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

2022/09/05 Corporate News

ENCAVIS has been promoted to the STOXX Europe 600

Hamburg, September 5, 2022 – The Hamburg-based wind and solar park operator Encavis AG (Prime Standard; ISIN: DE0006095003, stock symbol: ECV), which is listed on the MDAX of Deutsche Börse AG, has been promoted to the STOXX Europe 600.

“We are very pleased that we, as an independent power producer (IPP) with our continuously growing portfolio of wind and solar parks in Europe, have now been included in the group of the 600 largest European companies”, welcomes Dr Christoph Husmann, CFO of Encavis AG, the promotion to the European index league and adds: “This strengthens the group of renewable energy companies in the STOXX 600.”

This index change primarily affects exchange-traded funds that replicate stock indices in real terms (especially physically replicating ETFs), because these funds have to rebalance and reweight their stocks according to the new weighting, which can lead to an increased trading volume of the respective stocks.

The index adjustments of the STOXX Europe 600 will be implemented at the beginning of trading on Monday, September 19, 2022.

About ENCAVIS:
Encavis AG (Prime Standard; ISIN: DE0006095003; ticker symbol: ECV) is a producer of electricity from Renewable Energies listed on the MDAX of Deutsche Börse AG. As one of the leading independent power producers (IPP), ENCAVIS acquires and operates solar parks and (onshore) wind farms in eleven European countries. The plants for sustainable energy production generate stable yields through guaranteed feed-in tariffs (FIT) or long-term power purchase agreements (PPA). The Encavis Group's total generation capacity currently adds up to around 3.3 gigawatts (GW), which corresponds to a total saving of more than 1.4 million tonnes of CO2 per year. Within the Encavis Group, Encavis Asset Management AG offers fund services to institutional investors.

Encavis is a signatory of the UN Global Compact as well as of the UN PRI network. Encavis AG's environmental, social and governance performance has been awarded by two of the world's leading ESG rating agencies. MSCI ESG Ratings awarded the corporate ESG performance with "A" and ISS ESG with their "Prime" label.

Additional information can be found on www.encavis.com

 
Contact:

ENCAVIS AG
Jörg Peters       
Head of Corporate Communications & IR
Tel.: + 49 40 37 85 62 242     
E-Mail: joerg.peters@encavis.com

www.encavis.com
Twitter: twitter.com/encavis


05.09.2022 CET/CEST 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:

ENCAVIS AG

Große Elbstraße 59

22767 Hamburg

Germany

Phone:

+49 4037 85 62 -0

Fax:

+49 4037 85 62 -129

E-mail:

info@encavis.com

Internet:

https://www.encavis.com

ISIN:

DE0006095003

WKN:

609500

Indices:

MDAX

Listed:

Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1434665


 

End of News

DGAP News Service

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