7C Solarparken AG: 7C Solarparken AG sells Italian solar installation of 1MWp to Edisun Power

Bayreuth (pta031/19.12.2017/17:31 UTC+1) Bayreuth, 19th December 2017 - 7C Solarparken AG (WKN: A11QW6 / ISIN: DE000A11QW68) has signed a sale agreement regarding the 1MWp freefield solar installation "LEO" near Ravenna in the North of Italy. The new founded EDISUN POWER ITALIA S.R.L. purchases 100% of the shares of CTG BAAL S.R.L. from 7C Solarparken AG and takes over the existing project financing.

With the sale of the LEO project, 7C Solarparken sells the last Italian participation to focus even more on the German PV-market and to reach its goal to grow into a 200 MWp player.

This is, after the solar installation Sainte-Maxime, the second sale of an installation abroad from 7C Solarparken to the Edisun Power Group. Edisun Power, which owns a large geographic Portfolio, accomplish the entry into the Italian market with this purchase.

7C Solarparken obtains out of the transaction an EBITDA gain on the disposal of consolidated entities of ca. 0.2 Mio. EUR in 2017.

7C Solarparken AG
7C Solarparken AG is a listed owner/operator of PV plants in Germany with a portfolio of now 118 MWp. The shares of the company are traded on the regulated segment of the Frankfurt Stock Exchange (General Standard).

Edisun Power Gruppe
A listed European solar energy producer, the Edisun Power Group finances and operates solar power installations in a number of European countries. Edisun Power began its involvement in this sector as far back as 1997. The company has been listed on the Swiss Stock Exchange since September 2008. Edisun Power has amassed extensive experience in the realization and acquisition of both national and international projects. Currently, the company owns a total of 36 solar energy installations in Switzerland, Germany, France, Italy and Spain, with a total capacity of 22.6 MWp.

For more information:
7C Solarparken AG
An der Feuerwache 15
95445 Bayreuth, Germany
www.solarparken.com
Steven De Proost, CEO
info@solarparken.com
Tel. +49 (0) (921) 230557 77

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Emitter:	7C Solarparken AG An der Feuerwache 15 95445 Bayreuth Germany
Contact Person:	Koen Boriau
Phone:	+49 921 230557-77
E-Mail:	info@solarparken.com
Website:	www.solarparken.com
ISIN(s):	DE000A11QW68 (Share)
Stock Exchange(s):	Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Munich, Stuttgart