EQS-Adhoc: Edisun Power acquires from 7C Solarparken a 1 MW PV plant
EQS Group-Ad-hoc: Edisun Power Europe AG / Key word(s): Miscellaneous
Edisun Power acquires from 7C Solarparken a 1 MW PV plant
16.12.2015 / 20:15
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.
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Zurich/Bayreuth, December 16, 2015
Ad-hoc-Press Release Edisun Power Group/7C Solarparken
Edisun Power acquires from 7C Solarparken a 1 MW PV plant in Southern France
On December 16, 2015, Edisun Power and 7C Solarparken signed the purchase of the
1 MWp free field PV plant Sainte Maxime in Southern France. Edisun Power France
SAS acquires from 7C Solarparken NV 100% of the shares of Sainte Maxime Solaire
SAS and takes over the existing financing of the plant.
7C Solarparken decided to divest the park within the strategic context of asset
rotation as to generate an annual EBITDA gain of EUR 0.2 Mio. through disposals.
Through the sale of the Sainte Maxime installation, the objective for 2015 has
been comfortably achieved. The exit from this well-running park also brings an
end to the small presence of 7C Solarparken in France, and reinforces the
pure-play German vision of the company.
With this purchase, Edisun Power successfully continues to execute its growth
strategy. The French market is in terms of risk/return for PV investments an
interesting market, which Edisun Power already knows well through its existing
10 plants with 3.8 MWp. The new plant adds EUR 0.5 Mio. to the yearly turnover
and provides a further positive contribution to the net result.
Edisun Power Group
A listed European solar energy producer, the Edisun Power Group finances and
operates solar power installations in a number of European countries. Edisun
Power began its involvement in this sector as far back as 1997. The company has
been listed on the SIX Swiss Exchange since September 2008. Edisun Power has
amassed wide experience in the realization of both national and international
projects. As of end-November 2015, the company owns 33 solar energy
installations in Switzerland, Germany, Spain and France, with a total capacity
of 14.8 MWp.
For further information:
Edisun Power Europe Ltd.
Universitätstrasse 51
8006 Zurich, Switzerland
www.edisunpower.com
Rainer Isenrich, CEO
info@edisunpower.com
Tel. +41 44 266 61 20
7C Solarparken
7C Solarparken NV is a pure-play PV owner-operator with over 85 MWp of assets,
predominantly located in Germany. The company is listed on the General Standard
segment in Frankfurt.
For further information:
7C Solarparken NV
An der Feuerwache 15
595445 Bayreuth, Germany
www.solarparken.com
Steven De Proost, CEO
info@solarparken.com
Tel. +49 (0) (921) 230557 77
End of ad hoc announcement
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Additional features:
Document:http://n.equitystory.com/c/fncls.ssp?u=TSDMRUAIVI
Document title: Ad-hoc-Press Release, December 16, 2015
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16.12.2015 News transmitted by EQS Schweiz AG. www.eqs.com - news archive:
http://switzerland.eqs.com/de/News
The issuer is responsible for the contents of the release.
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Language: English
Company: Edisun Power Europe AG
Universitätsstrasse 51
8006 Zürich
Switzerland
Phone: +41 44 266 61 20
Fax: +41 44 266 61 22
E-mail: info@edisunpower.com
Internet: www.edisunpower.com
ISIN: CH0024736404
Valor: A0KFH3
Listed: Foreign Exchange(s) SIX
End of News EQS Group News Service
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424447 16.12.2015
