PHOTON ENERGY INVESTMENTS N.V.

Successful Q1 2014

Business news for the stock market

Amsterdam (pta012/20.05.2014/10:00) - Photon Energy Investments has published its quarterly report for Q1 2014. Financially, Q1 2014 was a successful period with growing consolidated revenues amounting to EUR 1.817 million. EBIDTA increased compared to Q1 2013, while EBIT jumped to a positive EUR 0.622 million.

The first quarter of 2014 underlined the different approaches to solar power on the old continent of Europe and the rest of the world including the company's new target market Australia. While a Deutsche Bank report on the expected Second Solar Gold Rush highlighted the enormous potential of photovoltaics in Australia (mentioning Photon Energy and its new financing options for solar power as a key player), governments in Europe continued their blind crusade against PV investors. The Deutsche Bank report confirmed the decision to focus the expansion on Australia. In contrast, the extension of the Czech Solar Levy convinced the management that the main concern for PV investors in Europe is asset protection. This is why in Q1 2014 PEI announced the launch of European Solar Holdings N.V. (ESH), a Pan-European Solar Asset Aggregation Yield-Co with the strongest possible investment protection currently available.

February 2014 also marked one year since the placement of the 8% corporate bond. Investors were paid their fourth quarterly coupon in March.



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emitter: PHOTON ENERGY INVESTMENTS N.V. address: Barbara Strozzilaan 201, 1083 HN Amsterdam country: Netherlands contact person: Jan Krcmar phone: [phone] e-mail: [e-mail] website: www.photonenergyinvestments.com

ISIN(s): DE000A1HELE2 (bond) stock exchanges: open market (free market) in Frankfurt, free market in Hamburg, free market in Hannover; corporates prime in Vienna; open market in Berlin

[ source: http://www.pressetext.com/news/20140520012 ]