7C Solarparken AG: 7C Solarparken AG presents its Plan 2017-19 and raises the EBITDA guidance for 2017 from EUR 27 Mio to EUR 28.5 Mio

Bayreuth (pta039/23.11.2017/18:15 UTC+1) Bayreuth, 23 November 2017 - 7C Solarparken AG (WKN: A11QW6, ISIN: DE 000A11QW68; stock exchange: regulated market in Frankfurt/Main (General Standard)) will present its "Developing into a 200 MWp player" Plan 2017-19 at its Analyst Day tomorrow in Bayreuth. The main messages from the Plan are as follows:

- 7C Solarparken reiterates its goal to grow into a 200 MWp PV player
- Growth from the current 119 MWp to 150 MWp will primarily come through a partnership with a German developer, and is planned to be financed through alternative (debt) instruments taking advantage from the historically low interest rate environment.
- Although strategic M&A is still eyed to accelerate the further expansion up to 200 MWp, 7C Solarparken will in the meantime initiate a co-investor / minority model, utilising its organic growth capacity of 25 MWp per year and sourcing & optimisation skills, to grow with no dilution to a saleable 200 MWp portfolio.
- EBITDA guidance for 2017 is raised from EUR 27 Mio to EUR 28.5 Mio, while clean EBITDA prognosis for 2017 is upped from EUR 27 Mio to EUR 27.5 Mio.
- The company's strong balance sheet and the positive cash flow outlook for the next years will enable the company to deliver on its commitment to remunerate shareholders with an annual dividend or dividend equivalent of EUR 10ct/share as from 2018 onwards on the basis of the 2017 results.

The Business Plan 2017-19 will be available tomorrow on the website www.solarparken.com under the section "Investor Relations'.

7C Solarparken
7C Solarparken AG is a listed owner/operator of PV plants in Germany with a portfolio of 118 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