7C Solarparken AG: 7C Solarparken AG adds 2.25 MWp to its IPP Portfolio

Bayreuth (pta013/30.09.2020/09:09 UTC+2) Bayreuth, 30.09.2020 - 7C Solarparken AG (WKN: A11QW6 / ISIN: DE000A11QW68) has invested in an existing PV park of 2.25 MWp in Rötz nearby Cham (Bavaria). The solar asset consists of three installations of 750 kWp each, which were commissioned between Dec '17 and Feb '20. The project is built on conversion land and enjoys an average fixed feed-in tariff of approx. EUR 80/MWh. The installation is equipped with panels supplied by Q-Cells and Canadian Solar, and inverters from Sungrow and Delta. Mounting structures were delivered by Schletter. The park generates a specific yield in excess of 1,050 kWh/kWp and annual revenues of nearly EUR 0.2 Mio.

Steven De Proost, CEO of 7C Solarparken AG comments: "After the acquisition of the land and buildings in Grafentraubach, this is the second purchase of an asset previously owned by Schlagmann Poroton. The transaction was successfully negotiated and concluded by Mr. Josef Mußner, COO of 7C Solarparken."

Through this investment, the IPP portfolio of 7C Solarparken is raised to 217 MWp, close to its year-end target of 220 MWp. New investments are currently in review and/or in development.

7C Solarparken AG
7C Solarparken is a pure-play PV owner/operator with an IPP portfolio of 217 MWp, including 6 MW onshore wind. Including, its asset management activities, the group`s managed portfolio stands at 294 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.

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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