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Energiekontor sells Niederzier-Steinstraß wind farm to Stadtwerke Heidenheim AG-Group

Press Release October 11, 2022

Bremen, 11. Oktober 2022 – The SDAX-listed Energiekontor AG (ISIN DE0005313506, General Standard), one of Germany's leading project developers and operators of wind and solar farms, has sold the "Niederzier-Steinstraß" wind farm in North Rhine-Westphalia with a total generation capacity of around 8.25 MW to the Stadtwerke Heidenheim AG-Group. The wind farm has already been in operation since the end of September 2017 and was previously held within Energiekontor's own portfolio. With an annual electricity generation of around 22 GWh, the wind farm saves around 23,000 tonnes of climate-damaging CO2 per year and covers the average annual energy demand of more than 7,000 households. Energiekontor AG will continue to be responsible for the technical management of the wind farm. With the sale, Energiekontor is taking advantage of an attractive market opportunity to optimise its own portfolio of wind and solar parks, which will continue to be expanded as planned in the coming years. The sale also once again highlights the high proportion of hidden reserves held by the Energiekontor-Group through the wind and solar parks held in the Company's own portfolio.

The wind farm "Niederzier-Steinstraß" was put into operation in September 2017 and is located in the municipality of Niederzier in the district of Düren in North Rhine-Westphalia. The park consists of three wind turbines from the manufacturer General Electric. The wind turbines have a rotor diameter of around 120 metres and a hub height of around 139 metres. The total generation capacity is around 8.25 MW. The wind farm has a guaranteed EEG feed-in tariff until the end of 2037. The buyer of the wind farm is the Stadtwerke Heidenheim AG - group of companies, which had already acquired a solar farm project from Energiekontor in October 2021.

"We are particularly pleased about the renewed and successful conclusion of a contract with the Stadtwerke Heidenheim AG-Group. The fact that we were able to successfully sell two projects to the Stadtwerke Heidenheim within one year is once again proof of our Company's high level of professionalism and reliability as well as the quality of our services," says Peter Szabo, CEO of Energiekontor AG. "With the sale, we are taking advantage of an attractive market opportunity to optimise the wind and solar parks held in our own portfolio. The sale will remain an exception though as our strategy is set clear, we will continue to expand our own portfolio as planned in the next months and coming years. Also in August 2022, we took over another wind farm with a total generation capacity of around 27 MW into our own portfolio. Other projects that shall be transferred into our own portfolio are at the planning or, respectively, already under construction," Szabo continues.

About Energiekontor AG:

A solid business policy and a lot of experience in renewable energies: This is what Energiekontor has stood for 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 and solar parks in Germany and abroad. In addition, Energiekontor operates wind and solar parks with a nominal output of around 360 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, Potsdam, Berlin-Spandau and Hildesheim. 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 record of accomplishment since the Company was founded: 132 realised wind farms and 13 solar parks with a total output of well over 1 gigawatt. This corresponds to an investment volume of approx. 1.8 billion euros.

Energiekontor AG (ISIN DE0005313506/General Standard) is listed on the SDAX of Deutsche Börse in Frankfurt and can be traded on all German stock exchanges. 

Investor Relations / Presse
Till Gießmann
Fon.: +49 421 3304-126
E-Mail: till.giessmann@energiekontor.com

About Stadtwerke Heidenheim AG-Group
The Stadtwerke Heidenheim AG-Group has been investing in environmentally friendly, decentralised energy supply for decades. The expansion and market integration of renewable energies (RE) play a central role. For this reason, the Stadtwerke Heidenheim AG - group of companies is actively and sustainably driving forward the expansion of its green generation portfolio. In doing so, it is pursuing various strategies: wind power is the key technology. The expansion of photovoltaics is also being pursued and pushed. Risk diversification is achieved through a nationwide spread of projects, a mix of wind and solar energy and the use of different technologies (portfolio effect).

In total, the renewable energy plants in which the Stadtwerke Heidenheim AG - group of companies has a stake now generate around 463 million kWh of electricity per year and comprise an output of around 228 MW.

Stadtwerke Heidenheim AG–Unternehmensgruppe
Viktoria Liske
Press Spokesperson
Meeboldstraße 1
89522 Heidenheim
Fon: +49 (0)7321 328366
E-Mail: viktoria.liske@stadtwerke-heidenheim.de