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CEE Group expands solar energy portfolio with a 154-megawatt peak lighthouse project in Brandenburg, Germany

The Ham­burg-based CEE Group, asset man­ag­er for renew­able ener­gies, is fur­ther expand­ing its port­fo­lio in the field of solar ener­gy with a major project in Bran­den­burg. The new solar park to be built in Döllen in Bran­den­burg will have a peak out­put of 154.4 megawatts peak (MWp) when com­plet­ed. The sell­side was sup­port­ed in the project devel­op­ment by antlike Solar from Meck­len­burg-Vor­pom­mern, which will remain involved dur­ing the now upcom­ing con­struc­tion phase. With this new acqui­si­tion, the port­fo­lio of the CEE Group grows to a total of 38 pho­to­volta­ic plants and 44 onshore wind tur­bines. The total installed capac­i­ty of the CEE Group’s renew­able ener­gy port­fo­lio will then be 1,340 MW (622 MW in wind and 718 MWp in solar).

Once com­plet­ed, the new Döllen solar park in the Prig­nitz dis­trict of Bran­den­burg will offer a peak capac­i­ty of 154.4 MWp and thus sup­ply in future around 150,000 megawatt hours of “green elec­tric­i­ty” per year. The Döllen project is the CEE Group’s largest sin­gle invest­ment in a ground-mount­ed solar park to date. The con­struc­tion of the new solar park is accom­pa­nied by GOLD­BECK Solar GmbH, based in Hirschberg a. d. Bergstraße. The com­pa­ny is man­ag­ing the project as a ser­vice provider for engi­neer­ing, pro­cure­ment and con­struc­tion (EPC). After the con­struc­tion site is set up in May 2022, the ground­break­ing cer­e­mo­ny on the project site is expect­ed to take place in June of this year. Accord­ing to the project sched­ule, deliv­ery of the solar mod­ules by the man­u­fac­tur­er Astroner­gy, a sub­sidiary of the Chi­nese CHINT Group, is planned from August 2022. Com­mis­sion­ing of the Döllen solar park is then sched­uled for March/April 2023.

The new solar park Döllen will be part of the port­fo­lio of the spe­cial AIF (SICAV-RAIF) Renew­able Fund 7 (CEE RF7) launched by CEE Group. The acqui­si­tion of the project com­pa­ny already took place in Decem­ber 2020.

The law firm Tay­lor Wess­ing and the con­sult­ing firm 8.2 Obst & Ziehmann GmbH act­ed as legal and tech­ni­cal advi­sors in this trans­ac­tion. The com­pa­ny Pexa­park is pro­vid­ing sup­port with regard to the mar­ket­ing of elec­tric­i­ty via a pow­er pur­chase agree­ment (PPA).

New solar park in Döllen illustrates the potential of renewable energies

“The new solar park at the Döllen site impress­es with a nom­i­nal out­put of 154.4 MWp and at the same time illus­trates in this dimen­sion the poten­tial of renew­able ener­gies as a cen­tral com­po­nent of the ener­gy turn­around. The pro­duc­tion and pro­vi­sion of clean ener­gy is essen­tial for cli­mate pro­tec­tion and, under the influ­ence of cur­rent geopo­lit­i­cal devel­op­ments, has also become a free­dom issue,” explains Detlef Schreiber, CEO of the CEE Group. “With antlike Solar, Gold­beck Solar and Astroner­gy from the Chint Group, we are work­ing with lead­ing com­pa­nies for project devel­op­ment and the con­struc­tion of solar projects as well as the pro­duc­tion of qual­i­ta­tive­ly out­stand­ing solar mod­ules on this invest­ment. We would like to thank all par­ties involved in this out­stand­ing project for the high­ly pro­fes­sion­al and extreme­ly trust­ful coop­er­a­tion so far and look for­ward to the suc­cess­ful fur­ther imple­men­ta­tion of the project in Döllen until com­mis­sion­ing and of course to fur­ther joint projects to shape and secure the future of sus­tain­able ener­gy pro­duc­tion.”

Mar­tin Kanitz, man­ag­ing part­ner of antlike Solar: “The project plan­ning of large PV plants is always a chal­lenge where we have to rec­on­cile prof­itabil­i­ty and envi­ron­ment in terms of the ener­gy tran­si­tion. We are pleased that we were able to con­vince the CEE Group with the project in Döllen and win them as an investor for the new solar park.”

Joachim Gold­beck, CEO of GOLD­BECK SOLAR: “With the goal of cli­mate sta­bi­liza­tion, ener­gy price reduc­tion and ener­gy inde­pen­dence, the expan­sion of renew­able ener­gies is of ele­men­tary impor­tance for Ger­many. We will bring our many years of expe­ri­ence in the imple­men­ta­tion of large-scale projects to bear on the solar park in Döllen and look for­ward to trust­ing and goal-ori­ent­ed coop­er­a­tion with all par­ties involved in the fur­ther imple­men­ta­tion of the project.”

Oliv­er Schweininger, Man­ag­ing Direc­tor (CEO) CHINT Solar Europe: “We are pleased to be involved in the real­iza­tion of such an excit­ing large-scale project by sup­ply­ing our solar mod­ules. Already today, the prime costs of solar projects of this size are absolute­ly com­pet­i­tive. As a result, projects of this kind have enor­mous poten­tial in the imple­men­ta­tion of the ener­gy tran­si­tion in Ger­many.”

About CEE Group

CEE Group is a Ham­burg-based asset man­ag­er spe­cial­iz­ing in renew­able ener­gy. With a track record of over 80 trans­ac­tions in the renew­able ener­gy sec­tor and a port­fo­lio of over two bil­lion euros in assets under man­age­ment, CEE is a com­pe­tent and reli­able part­ner. Since its incep­tion, CEE’s main focus has been on wind and solar ener­gy. The CEE Group has onshore wind pow­er plants with an installed capac­i­ty of around 622 MW and pho­to­volta­ic plants with around 718 MWp. The total capac­i­ty thus amounts to around 1,340 MW.

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 in par­tic­u­lar insti­tu­tion­al investors with a long-term inter­est in renew­able ener­gies.

About antlike Solar

The antlike Solar GmbH & Co. KG has spe­cial­ized in the project plan­ning of pho­to­volta­ic sys­tems with a min­i­mum out­put of over 100 kW since 2010. The com­pa­ny, based in the Ros­tock area, plans and imple­ments roof-mount­ed and ground-mount­ed sys­tems through­out Ger­many — with a par­tic­u­lar focus on Meck­len­burg-West­ern Pomera­nia, Bran­den­burg and Low­er Sax­ony. In addi­tion to suc­cess­ful project imple­men­ta­tion, the port­fo­lio also includes reg­u­lar main­te­nance and repow­er­ing of exist­ing plants.

The team around man­ag­ing part­ner Mar­tin Kanitz is com­mit­ted to a sus­tain­able future with clean ener­gy for future gen­er­a­tions. We focus on imple­ment­ing PPA projects beyond the clas­sic EEG frame­work. For us, prox­im­i­ty to own­ers and cus­tomers is the key to long-term suc­cess.

Fur­ther infor­ma­tion: www.antlike-solar.de

About GOLDBECK SOLAR

GOLD­BECK SOLAR is an inter­na­tion­al com­pa­ny spe­cial­iz­ing in the turnkey con­struc­tion of com­mer­cial, indus­tri­al and large-scale solar instal­la­tions. Its solu­tions are reli­able, afford­able and prof­itable. The team around the man­ag­ing direc­tors Joachim Gold­beck and Tobias Schüßler focus­es on the inte­gra­tion of tech­nolo­gies at the high­est lev­el, high-qual­i­ty ser­vices and many years of expe­ri­ence along the entire val­ue chain.

Fur­ther infor­ma­tion: www.goldbecksolar.com

About Chint

Found­ed in 1984, CHINT is a lead­ing glob­al provider of smart ener­gy solu­tions with an exten­sive busi­ness net­work in over 140 coun­tries, more than 30,000 employ­ees and annu­al rev­enues of over $16 bil­lion. CHINT Solar (CS) was found­ed in 2006 and is list­ed on the stock exchange as one of the lead­ing com­pa­nies in the field of renew­able ener­gy. CS has more than 6,000 employ­ees. In addi­tion to man­u­fac­tur­ing crys­talline mod­ules, CS also spe­cial­izes in project devel­op­ment. As one of the largest glob­al down­stream play­ers, CS is active in project devel­op­ment, financ­ing, imple­men­ta­tion and oper­a­tion of solar farms. CS has built a remark­able track record of more than 8 GWp of com­plet­ed projects in var­i­ous regions.

Chint Solar holds approx­i­mate­ly more than 5 GWp of solar projects on its bal­ance sheet world­wide, mak­ing it one of the largest inde­pen­dent pro­duc­ers of renew­able elec­tric­i­ty.

In 2016, CS estab­lished its own Euro­pean project devel­op­ment team and is active in project devel­op­ment in Ger­many, the Nether­lands, Spain, Por­tu­gal, Italy, France, Hun­gary and Poland.

Fur­ther infor­ma­tion: www.chintsolar.de

 

For questions and further information:

Daniel Rief
Invest­ment Man­ag­er
Tel.: +49 40 688 788–0
E‑Mail: rief@cee-group.de

Alexan­der Mey­er
Invest­ment Ana­lyst
Tel.: +49 40 688 788–0
E‑Mail: meyer@cee-group.de
www.cee-group.de

Press­con­tact:
pub­lic imag­ing Finanz-PR & Ver­triebs GmbH
Karsten Sieg­mund / Sybille Cor­nell
Phone: +40 40 401999 ‑35 / ‑288
E‑mail: karsten.siegmund@publicimaging.de / sybille.cornell@publicimaging.de

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