Blue Elephant Energy AG

  • Land: Deutschland

Nachricht vom 15.06.2021 | 08:00

Blue Elephant Energy AG: Blue Elephant Energy locks in land deal over 300 hectares for the operation of ground-mounted PV capacity of over 300 MWp in Germany

DGAP-News: Blue Elephant Energy AG / Key word(s): Contract/Alliance
15.06.2021 / 08:00
The issuer is solely responsible for the content of this announcement.

15.06.2021

Blue Elephant Energy AG (BEE), a Hamburg-based independent operator of solar and wind power plants has entered into a cooperation agreement on potential solar sites with a combined capacity of 300 ha with a long-time partner. Completion of the first solar parks is expected for early 2023

About 12 solar projects with capacities between 10 MWp and 50 MWp individually will be implemented - in total more than 300 MWp. BEE will focus on the realization of the projects, on structuring project financing and on negotiating the Power Purchase Agreements ("PPAs"). After construction, BEE will remain as the majority shareholder of the solar asset portfolio. The main gross revenues are expected to be secured via long-term Power Purchase Agreements, while some individual areas may be remunerated under the Renewable Energy Act (EEG).

The portfolio will contribute to a reduction of global CO2 emissions by approximately 170,000 tons and will account for the annual electricity consumption of 120,000 households once in operation.
„With this partnership, BEE can significantly expand its German portfolio in a stable and currently very attractive market for PV electricity. The energy transition requires much larger volumes of power from renewable sources. We are excited to contribute to this mission with this new cooperation." comments Tim Kallas, Chief Investment Officer of Blue Elephant Energy AG.

About Blue Elephant Energy AG:
Blue Elephant Energy AG (BEE) acquires and operates Solar Parks and Wind Farms in eight countries with a focus on Western-Europe. Founded in 2016, BEE is currently operating a renewable energy portfolio of 1,107 MW, from which a part is under construction. Until the end of 2020, BEE's renewable energy assets contribute to a sustainable energy supply by saving 956,419 tons of CO2 annually and providing 711,028 households with clean energy. As part of its ESG strategy BEE directly contributes to social projects on a local level, particularly in Chile and in the Dominican Republic. BEE has secured additional 1,391 MW Solar Park capacity in the context of co-development agreements with a limited range of developers, based on longstanding relationships and mutual appreciation. With equity provided by BEE's shareholders and participation rights capital provided by medium sized insurance companies, BEE has been able to invest well above EUR 1.2 billion since inception.
 


15.06.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

IPO im Fokus

MIT SICHERHEIT AUFS PARKETT. UNSER BÖRSENGANG ZUR WACHSTUMSBESCHLEUNIGUNG

ISIN: DE000A3CM708
Grundkapital (vor IPO): 3.120.000 EUR
Angebotene Aktien: bis zu 690.000 Aktien
Zeichnungsfrist: 11.10.2021 bis voraus. 25.10.2021
Bookbuildingspanne: 3,30 bis 3,60 Euro
Börse: Börse Düsseldorf

Rechtlich maßgeblicher Wertpapierprospekt auf sdm-se.de

Event im Fokus

Termine 2021

10. Juni 2021:Fachkonferenz Immobilien

14./15. Juli 2021: Fachkonferenzen Beteiligungsgesellschaften & Consumer/Leisure

13./14. Oktober 2021: Fachkonferenzen Finanzdienstleistungen/Technologie

10./11. November 2021: Fachkonferenzen Software/IT & Branchenmix

„Je nach aktueller Covid-19 Situation und den bestehenden Vorschriften für Versammlungen entscheidet sich ca. 5 Wochen vor dem Termin, in welcher Form die Konferenzen stattfinden.“

GBC im Fokus

Börsengang sdm SE: Attraktives Investment

Der Sicherheitsdienstleister sdm SE führt derzeit einen Börsengang am Primärmarkt der Börse Düsseldorf durch. Die Mittel des Börsengangs sollen die Wachstumsstrategie finanzieren und die Ertragskraft deutlich steigern. Im Rahmen unseres DCF-Bewertungsmodells haben wir einen fairen Unternehmenswert (Post Money) zum Ende des Geschäftsjahres 2022 in Höhe von 15,23 Mio. € bzw. 4,09 € je sdm-Aktie ermittelt. Unter einem Preis von 3,50 € pro Aktie sehen wir sdm als ein attraktives Investment und stufen die Aktie mit dem Rating „Kaufen“ ein.

News im Fokus

Continental passt Ausblick für das Geschäftsjahr 2021 an und veröffentlicht vorläufige Kennzahlen für das dritte Quartal 2021

22. Oktober 2021, 14:11

Aktueller Webcast

TRATON SE

Pressekonferenz – Zwischenmitteilung 9M 2021 - Webcast

28. Oktober 2021

Aktuelle Research-Studie

Original-Research: Valneva SE (von First Berlin Equity Research GmbH): Kaufen Valneva SE

25. Oktober 2021