Energiekontor sells wind turbine in Jülich East to CEE Group

  • Project sold to CEE Group
  • Electricity output is sufficient for around 4,500 households

Bremen/Hamburg, 8 July 2021 – Energiekontor AG announces the sale of a second wind turbine in Jülich East, located north-west of the Garzweiler open-cast mine in North Rhine-Westphalia. The sale of the first of the two identical turbines at the same location was announced about a month ago. As with the sale of the Jülich-Barmen-Merzenhausen wind farm announced a week ago, the buyer of the second wind turbine is the CEE Group, a Hamburg-based asset manager specialising in investments in renewable energies.

The Nordex N149 wind turbine in Jülich East has a hub height of 125 metres and a rated output of 4.5 MW. Construction work has already begun. Commissioning is scheduled for the end of the first quarter of 2022.

The wind turbine is expected to generate almost 12 GWh of electricity annually; this covers the electricity needs of around 4,500 average German households.

Peter Szabo, CEO of Energiekontor AG, is delighted: “This is already the third project overall and the second within a very short time that we have sold to the CEE Group. The cooperation between the partners is running smoothly and we are therefore pleased that we are now continuing our trusting collaboration with another transaction at the Jülich East site.”

“With the acquisition of the wind turbine in Jülich East, we are further expanding our commitment in this region and also our cooperation with Energiekontor,” explains Detlef Schreiber, CEO of the CEE Group. “The acquisition of the two newly emerging wind farms in Jülich Ost and Jülich-Barmen-Merzenhausen is also strategically very interesting in terms of future operation by our experts in the Operations Team. As with the previous two transactions, we would like to thank our partner Energiekontor for the once again very trusting cooperation and the 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