7C Solarparken AG: Energiekontor AG has sold the Theilenhofen solar park with a total output of around 9.2 MW to 7C Solarparken AG

Bayreuth/Bremen (pta013/20.04.2021/09:15 UTC+2) Energiekontor AG has sold the Theilenhofen solar park with a total output of around 9.2 MW to 7C Solarparken AG

* Power is enough for the equivalent of approx. 3,500 households
* Commissioning in the 4th quarter of 2021

The solar park will be built at the Theilenhofen-Ost site in the Weissenburg-Gunzenhausen district of Central Franconia, around 40 km south of Nuremberg, and will go into operation in the fourth quarter of the current year. The Theilenhofen solar park had successfully participated in the EEG tender of 1 April 2020 and thus secured the relatively attractive remuneration of the tender date at that time. In the future, it is expected to generate an average of almost 10 million kilowatt hours per year. This amount of electricity is enough to cover the needs of approximately 3,500 German households.

Peter Szabo, CEO of Energiekontor AG, is satisfied: "The significant increase in our project pipeline is due in no small part to the progress made in the solar sector. Here we can point to an increasing number of successes. The Theilenhofen solar park is now the second solar park we have sold to 7C Solarparken AG within 4 months. The sales process was once again partnership-based, professional and highly efficient. We are looking forward with confidence to the second half of 2021, in which large PV projects with a volume of at least 170 MW will go into construction in the solar sector alone."

Steven De Proost, CEO of 7C Solarparken AG, comments: "With the purchase and commissioning of the Theilenhofen solar park, our IPP portfolio will grow further from currently 275 MWp to 284 MWp. Due to the planned commissioning in the fourth quarter of 2021, the solar park will not yet be able to make a significant contribution to the 2021 earnings figures."

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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, Hamburg, Munich, Stuttgart, Tradegate
Other Stock Exchanges:	London