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Energiekontor : sells wind park in Lower Saxony to Austrian power utility company

12/22/2021 EDT

Press release Dec 27, 2021

  • Wind park has a total generation capacity of approx. 11.2 MW
  • Power production sufficient for almost 10,000 households

Bremen, 27 December 2021 - Energiekontor, a leading German project developer and operator of wind and solar parks has sold the wind park "Völkersen" to an Austrian power utility company. The wind park is located in the municipality of Langwedel in the county Verden in Lower Saxony and is expected to be fully operational in 2022. The park consists of two wind turbines with a combined generation capacity of 11.2 MW. The annual yield of the wind park is expected to be more than 28m kilowatt hours, that is enough to provide green energy to almost 10,000 average German households.

The wind park has been bought by an Austrian power utility company that since many years has a clear focus on electricity generation from renewable energy sources. Once the wind park is fully operational, Energiekontor will be in charge of technical and commercial management.

"With the sale of the wind park Völkersen our very positive business development in 2021 continues also during the last days of the year. With many parks under construction as well as an attractive and well-filled project pipeline, we expect this positive trend to continue also in 2022", says Peter Szabo, CEO of Energiekontor AG.

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: 130 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.


Investor Relations / Press
Till Gießmann
Phone: +49 421 3304-126
E-Mail: till.giessmann@energiekontor.com


Energiekontor AG published this content on 22 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 December 2021 08:56:04 UTC.

© Publicnow 2021
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Sales 2022 271 M 290 M 290 M
Net income 2022 41,0 M 43,9 M 43,9 M
Net Debt 2022 265 M 284 M 284 M
P/E ratio 2022 31,3x
Yield 2022 0,95%
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