DGAP-News: Energiekontor AG: Sale and commissioning of Nadrensee solar park


DGAP-News: Energiekontor AG / Key word(s): Disposal/Miscellaneous
Energiekontor AG: Sale and commissioning of Nadrensee solar park

01.09.2016 / 09:16
The issuer is solely responsible for the content of this announcement.

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Project developer from Bremen successfully completes solar project

Energiekontor AG: Sale and commissioning of Nadrensee solar park

Bremen, 1 September 2016. Energiekontor AG has sold the Nadrensee solar
park to the public utilities company Stadtwerke Tübingen. The solar park
went into operations and was connected to the grid only a few days after
the agreements were signed. The project was bought in the first auction
round for solar plants in Germany in April 2015.

The Nadrensee solar park is a greenfield PV plant with a string inverter
concept and rated power of just under 9 MWp. The plant is located in the
Vorpommern-Greifswald district at the south-eastern end of Mecklenburg-
Western Pomerania. A total of 57,600 CIS thin-film solar modules have been
installed in this solar park on both sides along the A 11 motorway.

Peter Szabo, CEO of Energiekontor AG, is satisfied: "With the Nadrensee
project, we have successfully implemented our first tender project in the
solar sector. In line with our growth strategy, we intend to expand the
solar business further in the future. For this purpose, we not only focus
on the German market but equally look for opportunities abroad such as in
the south of France and in the US." With regard to the full year 2016, he
adds: "In addition to the already signed purchase agreements for five wind
farms, the sale of Nadrensee is an important milestone for our earnings
target this year. However, completing these wind farms that are still under
construction before the end of the year as planned and the successful and
complete sale of another large wind farm, which is still in process, in the
course of 2016, are key prerequisites for reaching this target."


About Energiekontor AG:

For the last 25 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. The Company's core business covers
the planning, construction and operational management of wind farms in
Germany and abroad, and was expanded to include solar power in 2010. In
addition, Energiekontor also currently owns and operates 33 wind farms with
a total rated power of around 269 megawatts (MW).

In addition to its headquarters in Bremen, Energiekontor also maintains
offices in Bremerhaven, Hagen im Bremischen, Aachen, Bernau (near Berlin),
Dortmund and Neubrandenburg. The Company also has subsidiaries in England
(Leeds), Scotland (Glasgow), Portugal (Lisbon) and the Netherlands
(Nijmegen). Our track record speaks for itself: 102 wind farms completed
with around 580 turbines and a total rated power of just under 850 MW. This
corresponds to an investment volume of over EUR 1.3 billion.

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

Contact:

Investor Relations/Press
Dr Stefan Eckhoff
Phone: (+49-421) 3304-0
Email: ir@energiekontor.de

Energiekontor AG / Reuters: EKT / ISIN: DE0005313506


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01.09.2016 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 04-0                                       
   Fax:         04 21/33 04-4 44                                    
   E-mail:      info@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      
 
 
   End of News    DGAP News Service  
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498015 01.09.2016