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3U HOLDING AG given the green light for the repowering project in the Langendorf Wind Farm / Saxony-Anhalt - Seite 2

The energy yield of the Langendorf Wind Farm amounted to more than 35.5 GWh in 2023, thereby even exceeding the farm’s own yield target of 35 GWh. After repowering, the Langendorf Wind Farm’s electricity production is likely to increase to around 95 GWh, which corresponds to the average power consumption of around 30,000 four-person households in mathematical terms. The eight remaining GE 1.5sl wind turbines, each with a nominal output of 1.5 MW, will continue to operate during the construction phase and thereafter. The 3U Group’s total output in producing environmentally compatible electricity free of CO₂ emissions will increase by almost 40 %, from 53.0 MW to an overall 73.5 MW, once the new wind turbines are operating. 3U has estimated a total financing volume of more than EUR 50 million for implementing the project, largely covered by long-term loans.

The first electricity generated by the new facilities scheduled for 2025

3U ENERGY PE GmbH is managing the project involving the entire conversion measures on the Langendorf Wind Farm. Pending the successful participation in a tender for onshore wind and possible delays, the foundations for the new wind turbines are due for completion in mid-2025 in line with the project plan. The delivery and erection of the wind turbines and the completion of the new substation have been scheduled for the second half of 2025. The new facilities in the Langendorf Wind Farm are expected to go live and produce electricity in the fourth quarter of 2025 at the latest.

“In our groupwide growth strategy, the Renewable Energies segment is playing an increasingly important role,” states Christoph Hellrung, 3U HOLDING AG’s Chief Financial Officer and Management Board member responsible for the Renewable Energies segment. “The repowering targeted for our existing wind farms and the resumed project developments in Brandenburg open up the prospect for us of considerable upside potential for revenue and earnings in the medium term. The strong expansion of our facilities for generating electricity from wind and sun is an important contribution to achieving Germany’s climate targets and also for implementing our value strategy under our MISSION 2026.”