7C Solarparken AG: 7C Solarparken AG announces an ahead of schedule implementation of its strategy 2014-2016.

The entire amount of own shares were placed out today in a few hours' time.

Bayreuth (pta022/12.02.2015/16:49 UTC+1) Bayreuth, 12.02.2015 - Only five months after the release of the Plan 2014-16, 7C Solarparken AG is much ahead of schedule in delivering its strategic objectives regarding cost-savings and optimization. Focus will now move to realizing the selective growth pillar of the strategy, which is expected to be finalized during Q2'15.

Summary of Plan 2014-16

The Strategic Plan 2014-16 was anchored on three pillars to achieve a cash flow per share of Eur 0.40 by 2016 based on 33.7mio shares. Key contributors were i) a cost savings plan of Eur 1.9mio, ii) improved output efficiency of 0.75% for the entire portfolio mainly driven by optimization work in Thierhaupten (5.0 MWp) and Zernsdorf (1.5MWp), and iii) selective growth to add Eur 0.6mio in annual EBITDA.

- Cost-savings: have been realized in full owing to a deep restructuring and cost management (rent, IT, advisory). Head office has been transferred to Bayreuth.
- Optimization: Aside from re-financing of the project companies with installations in Thierhaupten, Kettershausen, Zernsdorf and Blumenthal II - the primary focus has been on improving the technical performance in our second largest plant (Thierhaupten) through exchanging panels and reducing mismatch. Works have been successfully completed at the end of January 2015. The works in Zernsdorf have been initiated too and will be finished during Q2'15.
- Selective growth: At the end of 2014, we have sold the Radeberg 858 kWp rooftop-installation to a Danish investor. Small asset sales (<1MWp) to Danish tax-driven investors at the end of a year have been a tradition at 7C Solarparken NV as long as they bring a substantial financial opportunity. The proceeds of this asset sale have been re-invested in the newly acquired 648 kWp ground-mounted PV plant in Stolberg (close to Aachen). In addition, we managed to acquire the 9.943 m^2 land to reinforce our PV Estate portfolio. The land was a former military camp of the Belgian Army in Germany. Further acquisitions will ensure that our selective growth pillar will be executed in Q2'15.

Placement of own shares

After yesterday's announced decision, we have placed out the 409,739 own shares successfully in a few hours' time, and as a result 7C Solarparken AG does not own shares as of 12.02.2015 anymore.

Contact:
7C Solarparken AG
An der Feuerwache 15
95445 Bayreuth
Deutschland
FON: +49 (0) (921) 230557 77
FAX: +49 (0) (921) 230557 79
EMAIL: info@solarparken.com
www.solarparken.com

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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