7C Solarparken AG: IPP Portfolio rises to over 105 MWp after acquisition of a 1.2 MWp rooftop installation

Bayreuth (pta010/03.04.2017/10:14 UTC+2) Bayreuth, 03 April 2017 - 7C Solarparken AG (WKN: A11QW6, ISIN: DE 000A11QW68 bzw. WKN: A2DAP2, ISIN DE000A2DAP26) has acquired the shares in Swan Energy NV, a Belgian project company holding a PV portfolio of 1.2 MWp consisting of three rooftop projects across Flanders (Belgium). All three projects were commissioned during 2011, have been equipped with tier-1 components (Yingli, SMA) and benefit from a 20-years fixed tariff of EUR 330/MWh. Last year the portfolio generated EBITDA of approx. EUR 400 T while carrying project loans of EUR 1.9 Mio.

"Through this investment, we have reached our 105 MWp capacity goal for the first-half 2017 while it over-proportionally contributes to our cash flow. Moreover, the installations have been known to our team since their commissioning, which enables a smooth transition in their management."

About 7C Solarparken
7C Solarparken AG is a listed owner/operator of PV plants in Germany with a portfolio of over 105 MWp. The shares of the company are traded on the regulated segment of the Frankfurt Stock Exchange (General Standard).

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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) DE000A2DAP26 (Share)
Stock Exchange(s):	Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Munich, Stuttgart