DGAP-News

With the Grevenbroich repowering project, Energiekontor chalks up another wind farm sale in North Rhine-Westphalia

DGAP-News: Energiekontor AG / Key word(s): Disposal
With the Grevenbroich repowering project, Energiekontor chalks up another
wind farm sale in North Rhine-Westphalia

10.08.2016 / 12:53
The issuer is solely responsible for the content of this announcement.

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Bremen-based project developer signs another contract on its path to
success

With the Grevenbroich repowering project, Energiekontor chalks up another
wind farm sale in North Rhine-Westphalia

Bremen, 10 August 2016. Barely a month after signing the contract for the
Breitendeich project, Energiekontor AG is to sell its third repowering
project at Grevenbroich to Capital Stage AG, thereby underlining its
successful cooperation with the SDAX-listed solar park and wind farm
operator based in Hamburg.

By repowering the wind farm near the city of Grevenbroich, Energiekontor
will replace eight legacy wind turbines with a rated power of 0.6 or 1.0 MW
with three new turbines offering a total rated power of 7.5 MW. With a hub
height and rotor diameter of 120 metres for each turbine, the total
expected annual output of the repowered wind farm will be about 30 million
kWh. In theory, this volume of electricity would be enough to supply over
7,500 households with green power. Commissioning for the wind farm is
planned before the end of the year.


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: [phone]
Email: [e-mail]


Energiekontor AG / Reuters: EKT / ISIN: DE0005313506


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10.08.2016 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: [phone]
Fax: [phone]
E-mail: [e-mail]
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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491201 10.08.2016