EKT Energiekontor AG

EQS-News: Energiekontor AG: Energiekontor is awarded contracts for eight projects in the Federal Network Agency's February tender

EQS-News: Energiekontor AG / Key word(s): Miscellaneous
Energiekontor AG: Energiekontor is awarded contracts for eight projects in the Federal Network Agency's February tender

26.03.2025 / 08:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


Energiekontor is awarded contracts for eight projects in the Federal Network Agency's February tender

Bremen, 26 March 2025 – Energiekontor AG (“Energiekontor”), a leading German project developer and operator of wind and solar parks based in Bremen and listed in the General Standard, has been awarded contracts for a total of eight wind projects with a total generation capacity of around 192 megawatts in the Federal Agency’s tender in February. The projects are expected to reach financial close in the next step.

Eight Energiekontor wind projects with a total nominal capacity of around 192 megawatts have been awarded contracts in this year‘s first tender procedure for onshore wind by the Federal Network Agency. The Federal Network Agency awarded a total of 422 bids with a total volume of around 4.1 gigawatts. With a bid volume of around 4.9 gigawatts, the original tender volume was oversubscribed. The average volume-weighted price was 7.00 cents per kilowatt-hour.

„We are very pleased with this success. We have thus secured long-term and reliable electricity remuneration, which is an important basis for our projects' profitability. With the awards we have received, we can now bring the projects towards financial close and start realising them“, says Peter Szabo, CEO of Energiekontor AG.

About Energiekontor AG

For almost 35 years, Energiekontor has stood for a solid business policy and extensive experience in renewable energies. Founded in Bremerhaven, Germany, in 1990, the company is among the pioneers in its industry and is now one of Germany’s leading project developers. Its core business ranges from the planning and construction to the operational management of wind and solar parks in Germany and abroad. In addition, Energiekontor operates 36 wind and three solar parks with a total nominal power of around 444 megawatts in its own portfolio. Around 160 megawatts, which are also earmarked for the Group's own portfolio, are currently under construction. Energiekontor also plays a pioneering role in economic terms and aims to realise the first wind and solar parks in all target markets at market prices as quickly as possible, independently of state subsidies.

Along with its headquarters in Bremen, Germany, Energiekontor has offices in Bremerhaven, Hagen im Bremischen, Aachen, Augsburg, Berlin, Berlin-Spandau, Potsdam and Hildesheim. The company also has branch offices in England, Scotland, Portugal, France and the United States.

Since being established, Energiekontor has a proud track record of realising over 160 wind and solar park projects with a total nominal power of more than 1.4 gigawatts. This corresponds to an investment volume of more than 2.0 billion euros. The significantly expanded project pipeline in the first half of 2024 (11.0 gigawatts excluding US project rights) shows the future growth potential and the possible contribution that Energiekontor can make to the expansion of renewable energies.

Energiekontor AG (WKN 531350/ISIN DE0005313506/General Standard) is listed on the SDAX of the German Stock Exchange in Frankfurt. Shares can be traded on all German stock markets.

Contact

Julia Pschribülla
Head of Investor & Public Relations
Phone: +49 (0)421-3304-126

Kathrin Mateoschus
Investor & Public Relations Manager
Phone: +49 (0)421-3304-297

Email for investor relations matters:
Email for press matters:

Energiekontor AG
Mary-Somerville-Strasse 5
28359 Bremen
Germany

Phone: +49 (0)421 3304-0
Fax: +49 (0)421 3304-444
Email:
Web:



26.03.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Energiekontor AG
Mary-Somerville-Straße 5
28359 Bremen
Germany
Phone: 04 21/33 04-126
Fax: 04 21/33 04-4 44
E-mail:
Internet:
ISIN: DE0005313506
WKN: 531350
Indices: SDAX,
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2106200

 
End of News EQS News Service

2106200  26.03.2025 CET/CEST

EN
26/03/2025

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