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Energiekontor sells Stopfenheim solar park to Stadtwerke Heidenheim AG - group of companies

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DGAP-News: Energiekontor AG / Key word(s): Disposal/Contract
28.10.2021 / 07:30
The issuer is solely responsible for the content of this announcement.

- - Converted output sufficient for approx. 2,700 households

- - Commissioning planned for the end of the 4th quarter 2021

 

Energiekontor AG has sold the Stopfenheim solar park with a total output of around 7.5 MW to the Stadtwerke Heidenheim AG group of companies.

The solar park is being built at the Stopfenheim site in the central Franconian district of Weißenburg-Gunzenhausen, around 50 km south of Nuremberg, and is scheduled to go into operation at the end of the fourth quarter of the current year.

The Stopfenheim solar park successfully participated in the EEG tender of 1 September 2020 and thus secured an attractive remuneration in the tender period at that time. In the future, it is expected to generate an average of 8 million kilowatt hours per year. This amount of electricity is mathematically sufficient to cover the needs of about 2,700 German households and at the same time corresponds to a saving of about 8,400 tonnes of CO2 compared to energy generation in a conventional power plant.

Peter Szabo, CEO of Energiekontor AG, expresses his satisfaction: "Our solar activities are increasingly contributing to the overall success of the company. A quarter of our well-filled project pipeline now consists of solar projects. With the Stopfenheim solar park, we are extending our track record in the number of realised solar parks to a good dozen. Not least because of our extensive experience, the sales process with Stadtwerke Heidenheim AG - group of companies was professional, highly efficient and based on partnership."

Dieter Brünner, CEO of Stadtwerke Heidenheim, comments pleased: "With the purchase and commissioning of the Stopfenheim solar park, our own generation capacities in the field of renewable energies grow to almost 200 MW."


About Energiekontor AG:

A solid business policy and a lot of experience in renewable energies: This is what Energiekontor has stood for over 30 years. Founded in Bremerhaven in 1990, the company is one of the pioneers in the industry and is now one of Germany's leading project developers. Its core business ranges from the planning and construction to the operational management of wind farms in Germany and abroad and was expanded in 2010 to include solar energy. In addition, Energiekontor operates wind and solar farms with a nominal output of almost 330 megawatts in its own portfolio. Energiekontor AG also aims to play a pioneering role in economic terms and to realise the first wind and solar parks in all target markets at market prices as quickly as possible, independently of state subsidies.

In addition to its headquarters in Bremen, Energiekontor has offices in Bremerhaven, Hagen im Bremischen, Aachen, Augsburg, Bernau near Berlin and Potsdam. The company also has branches in England (Leeds), Scotland (Edinburgh, Glasgow), Portugal (Lisbon), the USA (Houston/Texas and Rapid City/South Dakota) and France (Toulouse, Rouen).

The proud track record since the company was founded: 129 realised wind farms and 12 solar farms with a total output of well over 1 gigawatt. This corresponds to an investment volume of approx. 1.8 billion euros.

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

Contact:
Investor Relations / Press
Peter Alex
Phone: +49 421 3304-126
E-Mail: Peter.Alex@energiekontor.com
www.energiekontor.de



About Stadtwerke Heidenheim AG - group of companies
The Stadtwerke Heidenheim AG group of companies has been investing in environmentally friendly, decentralised energy supply for decades. The expansion and market integration of renewable energies (RE) play a central role. For this reason, the Stadtwerke Heidenheim AG - group of companies is actively and sustainably driving forward the expansion of its green generation portfolio. In doing so, it is pursuing various strategies: wind power is the key technology. The expansion of photovoltaics is also being pursued and pushed. Risk diversification is achieved through a nationwide spread of projects, a mix of wind and solar energy and the use of different technologies (portfolio effect).

In total, the renewable energy plants in which the Stadtwerke Heidenheim AG - group of companies has a stake now generate around 409 million kWh of electricity per year and comprise an output of around 200 MW.

Contact:
Stadtwerke Heidenheim AG - group of companies
Viktoria Liske
Press Officer
Meeboldstraße 1
89522 Heidenheim

FON: +49 (0)7321 328366
EMAIL: viktoria.liske@stadtwerke-heidenheim.de
www.stadtwerke-heidenheim.de


28.10.2021 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:

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:

1244013


 

End of News

DGAP News Service

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