7C Solarparken AG: 7C Solarparken AG announces the acquisition, construction and commissioning of numerous PV projects

IPP portfolio lifted to above 160 MWp

Bayreuth (pta006/08.01.2019/08:00 UTC+1) 7C Solarparken (WKN: A11QW6 / ISIN: DE000A11QW68) is increasing its IPP portfolio from 153 MWp to above 160 MWp. During Q4'18 two projects were commissioned: (1) the extension of Dähre (Saxony-Anhalt), a 640 kWp rooftop installation with a tariff of EUR 108/MWh, and (2) a 648 kWp freefield on own land in Weißenfels (Saxony-Anhalt) with a tariff of EUR 86/MWh.

Furthermore, following projects are currently under construction with a scheduled commissioning in January 2019 and grid connection during Q2'19.

* Extension of Umpferstedt (Thuringia): 423 kWp freefield on own land with an estimated tariff of EUR 83/MWh
* Extension of Wallstawe (Saxony-Anhalt): 750 kWp rooftop installation with an estimated tariff of EUR 104/MWh
* Two rooftop installations in Neustadt/Coburg (Bavaria) totalling 748 kWp with an estimated tariff of EUR 104/MWh
* 750 kWp in Aerzen (Lower Saxony) with an estimated tariff of EUR 104/MWh
* 750 kWp in Bünde (North Rhine-Westphalia) with an estimated tariff of EUR 104/MWh
* A specific portfolio of 2.4 MWp rooftop projects across Mecklenburg-Western Pomerania with an estimated tariff of EUR 104/MWh

For the new projects, PV panels have been sourced directly from REC, Sunrise, Eging, Talesun and Amerisolar. Inverters were supplied by SMA, Huawei and Sungrow.

In the first days of 2019, 7C Solarparken AG also decided to buy an operating rooftop installation of 0.9 MWp in Oppin (Saxony-Anhalt). The park has been equipped with First Solar panels and SMA inverters, and enjoys a feed-in tariff of EUR 308/MWh owing to its grid connection in 2010.

The new assets acquired, commissioned and under construction represent an acquisition volume approx EUR 9 Mio. and are expected to generate annual revenues of ca. EUR 0.9 Mio.

Steven De Proost, CEO of 7C Solarparken AG, comments: "We are very satisfied with the remarkable growth in capacity during the year 2018. Our portfolio climbed from 118 MWp to 154 MWp at year-end 2018 and even to slightly above 160 MWp when taking into account today's announcements. New-build projects and operating asset acquisitions are currently under development respectively in review, and will support the company on its way to 220 MWp by 2020."

PV Estate portfolio climbs from 98ha to 110ha during 2018
During 2018, 7C Solarparken has enlarged its PV Estate portfolio through the following land acquisitions: Umpferstedt (2.2ha), Demmin (2.2ha), Weißenfels (1.1ha), Calbe (1.8ha), Zschornewitz (4.1ha) and an additional plot in Umpferstedt (0.6ha). A total of 5.7 MWp of freefield PV parks has been constructed on these sites.

7C Solarparken AG
7C Solarparken 7C Solarparken AG is a pure-play PV owner/operator with an IPP portfolio of above 160 MWp. Almost all installations are located in Germany. The company's shares are listed on the regulated market in Frankfurt in the General Standard segment.

(end)

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