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Energiekontor sells Jülich Barmen-Merzenhausen wind farm to CEE Group

  • Project sold to CEE Group
  • Elec­tric­i­ty out­put is suf­fi­cient for around 15,000 house­holds

Bremen/Hamburg, 5 July 2021. Energiekon­tor AG announces the sale of a wind farm locat­ed east of Jülich in North Rhine-West­phalia. The pur­chas­er of the wind farm is the CEE Group, a Ham­burg-based asset man­ag­er spe­cial­is­ing in renew­able ener­gies.

The Jülich Bar­men-Merzen­hausen wind farm is being built on parcels of land in the dis­tricts of the same name in the coun­ty of Düren, North Rhine-West­phalia. The wind farm con­sists of three Nordex N149‑4.5 tur­bines with a hub height of 125.4m and a rotor diam­e­ter of 149.1m.

With a total rat­ed out­put of 13.5 MW, the wind farm’s expect­ed annu­al yield is around 36 mil­lion kilo­watt hours; this cov­ers the elec­tric­i­ty require­ments of almost 15,000 aver­age Ger­man house­holds.

Con­struc­tion work has already begun. Com­mis­sion­ing is sched­uled for the end of 2021.

Peter Szabo, CEO of Energiekon­tor AG, is sat­is­fied: “We have already had a very good expe­ri­ence with the CEE Group in the Wald­feucht wind farm project and are there­fore pleased to be able to con­tin­ue this trust­ing coop­er­a­tion now with anoth­er trans­ac­tion at the Jülich Bar­men-Merzen­hausen site.

“The suc­cess­ful coop­er­a­tion with Energiekon­tor finds its log­i­cal con­tin­u­a­tion with the acqui­si­tion of the Jülich Bar­men-Merzen­hausen wind farm project,” explains Detlef Schreiber, CEO of the CEE Group. “The new wind farm expands CEE Group’s port­fo­lio in the wind ener­gy sec­tor with a tech­no­log­i­cal­ly mature project and will con­tribute to cli­mate pro­tec­tion as an effi­cient ener­gy source. At the same time, the project stands for long-term sta­ble cash flows and a high degree of income secu­ri­ty. As with the pre­vi­ous Wald­feucht project, the entire trans­ac­tion was char­ac­terised by mutu­al trust between the par­tic­i­pants involved, which ensured smooth pro­ce­dures and process­es.”

About Energiekontor AG:

A sol­id busi­ness pol­i­cy and a lot of expe­ri­ence in renew­able ener­gies: That’s what Energiekon­tor has stood for in more than 30 years. Found­ed in Bre­mer­haven in 1990, the com­pa­ny is one of the pio­neers in the indus­try and is now one of Germany’s lead­ing project devel­op­ers. Its core busi­ness ranges from the plan­ning and con­struc­tion to the oper­a­tional man­age­ment of wind farms in Ger­many and abroad and was expand­ed in 2010 to include solar ener­gy. In addi­tion, Energiekon­tor oper­ates wind and solar farms with a nom­i­nal out­put of more than 310 megawatts in its own port­fo­lio. Energiekon­tor AG also aims to play a pio­neer­ing role in eco­nom­ic terms and to realise the first wind and solar parks in all tar­get mar­kets at mar­ket prices as quick­ly as pos­si­ble, inde­pen­dent­ly of state sub­si­dies.

In addi­tion to its head­quar­ters in Bre­men, Energiekon­tor has offices in Bre­mer­haven, Hagen im Bremis­chen, Aachen, Augs­burg, Bernau bei Berlin and Pots­dam. The com­pa­ny also has offices in Eng­land (Leeds), Scot­land (Edin­burgh, Glas­gow), Por­tu­gal (Lis­bon), USA (Houston/Texas and Rapid City/South Dako­ta) and France (Toulouse, Rouen).

The proud bal­ance sheet since the com­pa­ny was found­ed: 128 realised wind farms and 12 solar parks with a total out­put of more than 1 gigawatt. This cor­re­sponds to an invest­ment vol­ume of 1.8 bil­lion euros.

The Com­pa­ny went pub­lic on 25 May 2000. The Energiekon­tor AG share (WKN 531350 / ISIN DE0005313506) is list­ed in the Gen­er­al Stan­dard of the Ger­man Stock Exchange in Frank­furt and can be trad­ed on all Ger­man stock exchanges.

 

About CEE Group:

CEE Group is a Ham­burg-based asset man­ag­er spe­cial­is­ing in renew­able ener­gies. With assets under man­age­ment of around 1.9 bil­lion euros, the com­pa­ny invests in ener­gy gen­er­a­tion projects in the wind and solar sec­tors. The CEE Group has onshore wind pow­er plants with an installed capac­i­ty of around 590 MW and pho­to­volta­ic plants with around 473 MWp. Total elec­tric­i­ty gen­er­a­tion in 2020 amount­ed to around 1.4 bil­lion kilo­watt hours.

As an inter­na­tion­al­ly oper­at­ing com­pa­ny, the CEE Group offers its cus­tomers sus­tain­able invest­ment con­cepts with long-term return oppor­tu­ni­ties in the growth mar­ket for renew­able ener­gies. With its inde­pen­dent­ly oper­at­ing com­pa­nies, the com­pa­ny has a com­pre­hen­sive range of ser­vices for projects in this seg­ment. Investors are main­ly insti­tu­tion­al investors with a long-term inter­est in renew­able ener­gies.

 

 

For questions and further information:

Jens Schnoor
Invest­ment Direc­tor
Phone: +49 40 688788 0
E‑mail: schnoor@cee-group.de

Press con­tact:
Investor Rela­tions / Press
Peter Alex
Phone: +49 421 3304–126
E‑mail: peter.alex@energiekontor.com
www.energiekontor.de

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