EQS-News

Energiekontor AG: Energiekontor strongly driving expansion of own portfolio – around one gigawatt of building permits offering further potential for future growth

EQS-News: Energiekontor AG / Key word(s): Quarterly / Interim Statement Energiekontor AG: Energiekontor strongly driving expansion of own portfolio – around one gigawatt of building permits offering further potential for future growth 13.05.2024 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. Energiekontor strongly driving expansion of own portfolio – around one gigawatt of building permits offering further potential for future growth

Bremen, 13 May 2024 – Energiekontor AG (“Energiekontor”), a leading German project developer and operator of wind and solar parks listed in the General Standard and based in Bremen, has strongly driven the expansion and technological diversification of its own park portfolio in the first quarter of 2024. A large number of existing building permits provides additional potential for expansion and sale.

In the first quarter of 2024, Energiekontor commissioned two wind parks with a total generation capacity of around 29 megawatts (full year 2023: 76 megawatts), including the Group’s own Jacobsdorf wind park in Brandenburg, which is now again contributing to the electricity generation income of the power generation segment in the Group’s own wind and solar parks.

A total of seven projects with a total nominal power of around 287 megawatts (31 December 2023: 316 megawatts) were under construction or ready for construction as of 31 March 2024, including five Scottish wind parks (around 215 megawatts) as well as the Seukendorf solar park in Bavaria and the Letschin solar park in Brandenburg (around 72 megawatts), both of which are intended for Energiekontor’s own park portfolio. Since April 2024, the two repowering wind park projects Oederquart in Lower Saxony and Würselen in North Rhine-Westphalia have also been under construction, which are also expected to contribute a total of around 35 megawatts to the success of the power generation segment in the future. This means that more than 100 megawatts are currently under construction for the Group’s own park portfolio, which will increase the total generation capacity of the Group’s own parks to around 500 megawatts when they are commissioned.