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Torben Möller appointed as Energiekontor AG’s third member of the Board

Press Release from 2017-06-29

Bremen, 29 June 2017. Today, the Supervisory Board of Energiekontor AG appointed Torben Möller as the third member of the Management Board. Mr Möller initially set up the Repowering division efficiently as head of department. For more than a year, he has also successfully handled the coordination of innovation and competitive measures and the introduction of an agile project management system. Due to his achievements, he became the managing director of several subsidiaries of Energiekontor AG last year.

In his capacity as a member of the Management Board, he will be in charge of project development in the northern part of North-Rhine Westphalia and the field of rotor blade extension in addition to accounting for general tasks. The aim is to further expand and strengthen the repowering business with the increasing age of wind farms and to establish Energiekontor as a pioneer in reducing levelized cost of electricity from renewable energy sources.

“We are convinced that a clear cut in levelized cost of electricity from renewable energy sources is one of the key elements for covering 100 percent of the energy supply with renewables,” Bodo Wilkens, the Chairman of the Supervisory Board of Energiekontor AG states, and continues: “We have full confidence in Mr Möller and his teams and wish him continued success in his new position.”

 

About Energiekontor AG:

For the last 25 years, Energiekontor has stood for a sound approach to business and a wealth of experience in wind power. Formed in Bremerhaven in 1990, the Company was one of the pioneers in the industry and is now one of the leading German project developers. Its core business covers the planning, construction and operational management of wind farms in Germany and abroad, and was expanded to include solar power in 2010. Energiekontor also currently owns and operates 31 wind farms with a total rated power of around 238 megawatts.

In addition to its headquarters in Bremen, Energiekontor also maintains offices in Bremerhaven, Hagen im Bremischen, Aachen, Bernau (near Berlin) and Dortmund. The Company also has branch offices in England (Leeds), Scotland (Glasgow), Portugal (Lisbon) and the Netherlands (Nijmegen). The formation of additional branch offices in the US and France is currently in the pipeline. Our track record speaks for itself: 105 wind farms completed, with 577 turbines and total rated power of around 865 megawatts. This corresponds to an investment volume of roughly EUR 1.4 billion.

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

Dr. Stefan
Eckhoff
Head of Investor Relations

Tel.: +49 421 3304-0
Fax: +49 421 3304-444
stefan.eckhoff@energiekontor.com