Capital Dynamics acquires the 50 MW Longhill wind venture from Energiekontor

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DGAP-Information: Energiekontor AG / Key phrase (s): Disposal / Contract
02.03.2021 / 07:30
The issuer is solely answerable for the content material of this commercial.

Longhill can be one of many UK’s largest non-subsidy onshore wind initiatives

– Reduces greenhouse gasoline emissions by over 2.6 million metric tons over its lifetime

Bremen / London, March 2, 2021 Energiekontor and Capital Dynamics, an unbiased international personal asset administration firm, at present introduced the acquisition of a 100% stake within the Longhill onshore wind venture from Energiekontor AG. The Longhill wind farm venture will embrace eight of probably the most fashionable Siemens Gamesa wind generators with a capability of 6.25 MW every, totaling 50 MW. The venture in West Lothian, Scotland, is anticipated to be one of many UK’s largest non-subsidy onshore wind initiatives as soon as operational. It’s estimated to cut back greenhouse gasoline emissions by greater than 2.6 million metric tonnes over its lifetime – the equal of the emissions produced by greater than 550,000 passenger automobiles pushed in a yr or the electrical energy wanted to energy greater than 440,000 houses for a yr.

Building of Longhill will start in April 2021 and is anticipated to be commercialized within the second half of 2022. As soon as operational, the venture will profit from the long-standing expertise of managing Energiekontor’s operations and supporting the optimization and platform. Varieties the clear power infrastructure subsidiary of Capital Dynamics, CD Arevon.

“The acquisition of the Longhill Wind Farm demonstrates our dedication and contribution to the UK’s ‘internet zero’ local weather objectives and in doing so, we’re delighted to have prolonged our footprint of non-subsidy renewable power investments to a fourth European power market, ”mentioned Barney Coles, Director, Clear Power Infrastructure. “With this transaction, we’re additionally delighted to launch a broader and multidisciplinary collaboration with Energiekontor protecting improvement, optimization and operations actions.”

“As is understood, we now have invested loads of work in increasing our Scottish pipeline lately. With the sale of the Longhill wind farm venture, we’re harvesting our first harvest right here. We’re delighted to have acquired a such renown. associate of Capital Dynamics, with whom we are going to proceed to work with pleasure sooner or later ”, explains Peter Szabo, CEO of Energiekontor.

The events have agreed to not disclose the acquisition worth.

About Energiekontor AG

A strong business coverage and in depth expertise in renewable energies: Energiekontor has been defending this for 30 years. Based in Bremerhaven in 1990, the corporate is among the pioneers within the business and at present is among the main German venture builders. The principle exercise ranges from planning and development to the operational administration of wind farms in Germany and overseas and was prolonged to solar energy in 2010. As well as, Energiekontor operates wind and photo voltaic farms from a nominal energy of just about 280 megawatts in its personal portfolio. . Energiekontor additionally goals to play a pioneering position in financial phrases and to comprehend as rapidly as doable the primary wind and photo voltaic farms in all goal markets at market costs, unbiased of state subsidies.

Apart from its headquarters in Bremen, Energiekontor has places of work in Bremerhaven, Hagen im Bremischen, Aachen, Augsburg, Bernau close to Berlin and Potsdam. The Firm additionally has places of work in England (Leeds), Scotland (Edinburgh, Glasgow), Portugal (Lisbon), america (Austin / Texas and Fast Metropolis / South Dakota) and France (Toulouse, Rouen). .

The proud report for the reason that creation of the corporate: 126 wind farms constructed and eleven photo voltaic parks with a complete energy of greater than 1 gigawatt. This corresponds to an funding quantity of round 1.7 billion euros.

The corporate went public on Could 25, 2000. The shares of Energiekontor AG (WKN 531350 / ISIN DE0005313506) are listed on the Normal Customary of the German Inventory Change in Frankfurt and might be traded on all German inventory exchanges.

Contact:
Investor Relations / Press
Peter Alex
Cellphone: +49 421 3304-126
E-mail: [email protected]
www.energiekontor.de

About Capital Dynamics
Capital Dynamics is an unbiased international asset administration firm targeted on personal belongings, together with personal fairness, personal credit score, and clear power infrastructure.

Capital Dynamics’ clear power infrastructure is among the world’s largest renewable power funding managers with AUM $ 6.6 billion and has one of many longest monitor information within the business. The IEC technique was established to grab engaging funding alternatives on the planet’s largest and quickest rising sector of infrastructure – confirmed renewable power applied sciences, primarily in North America and Europe, in photo voltaic, onshore wind, power storage and associated infrastructure, with a give attention to distributed and scale-generation applied sciences. The totally built-in asset administration subsidiary of the CEI platform gives extremely specialised companies to make sure optimum venture efficiency and worth. The IEC technique at the moment manages 7.9 GW of gross energy technology below contract in additional than 150 initiatives in america and Europe and is among the world’s high 3 house owners of photovoltaic photo voltaic panels.

As a sustainable asset supervisor, we now have gone past commonplace ESG necessities by designing, implementing and advertising and marketing the Capital Dynamics R-Eye (TM) ranking system – a singular and best-in-class strategy to due diligence and ranking of every funding primarily based on PRI. United Nations sustainable improvement rules and objectives. For the reason that institution of Capital Dynamics’ clear power infrastructure platform in 2010, greater than 19 million metric tonnes of greenhouse gasoline emissions have been averted by way of the corporate’s renewable investments. That is equal to the emissions produced by greater than 4.0 passenger automobiles pushed for a yr or the electrical energy wanted to energy greater than 3.2 million houses for a yr.

In 2020, the CEI technique obtained the most effective rankings from GRESB (the ESG benchmark for actual belongings) for its dedication to sustainable improvement, and in 2019, it was awarded by Non-public Fairness Worldwide, International PE Power Agency of the Yr. For extra data, please go to: www.capdyn.com.

Contact:
Capital dynamics
Nicolas rust
Vice-president | Prosek Companions
[email protected]
T: +1 646 818 9252

02.03.2021 Dissemination of a Company Information, transmitted by DGAP – a service of EQS Group AG.
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