ECV Encavis AG

DGAP-News: ENCAVIS AG has been promoted to the STOXX Europe 600

DGAP-News: ENCAVIS AG / Key word(s): Miscellaneous
ENCAVIS AG has been promoted to the STOXX Europe 600

05.09.2022 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


2022/09/05 Corporate News
 

ENCAVIS has been promoted to the STOXX Europe 600
 

Hamburg, September 5, 2022 – The Hamburg-based wind and solar park operator Encavis AG (Prime Standard; ISIN: DE0006095003, stock symbol: ECV), which is listed on the MDAX of Deutsche Börse AG, has been promoted to the STOXX Europe 600.

“We are very pleased that we, as an independent power producer (IPP) with our continuously growing portfolio of wind and solar parks in Europe, have now been included in the group of the 600 largest European companies”, welcomes Dr Christoph Husmann, CFO of Encavis AG, the promotion to the European index league and adds: “This strengthens the group of renewable energy companies in the STOXX 600.”

This index change primarily affects exchange-traded funds that replicate stock indices in real terms (especially physically replicating ETFs), because these funds have to rebalance and reweight their stocks according to the new weighting, which can lead to an increased trading volume of the respective stocks.

The index adjustments of the STOXX Europe 600 will be implemented at the beginning of trading on Monday, September 19, 2022.
 

About ENCAVIS:
Encavis AG (Prime Standard; ISIN: DE0006095003; ticker symbol: ECV) is a producer of electricity from Renewable Energies listed on the MDAX of Deutsche Börse AG. As one of the leading independent power producers (IPP), ENCAVIS acquires and operates solar parks and (onshore) wind farms in eleven European countries. The plants for sustainable energy production generate stable yields through guaranteed feed-in tariffs (FIT) or long-term power purchase agreements (PPA). The Encavis Group's total generation capacity currently adds up to around 3.3 gigawatts (GW), which corresponds to a total saving of more than 1.4 million tonnes of CO2 per year. Within the Encavis Group, Encavis Asset Management AG offers fund services to institutional investors.

Encavis is a signatory of the UN Global Compact as well as of the UN PRI network. Encavis AG's environmental, social and governance performance has been awarded by two of the world's leading ESG rating agencies. MSCI ESG Ratings awarded the corporate ESG performance with "A" and ISS ESG with their "Prime" label.

Additional information can be found on

 
Contact:

ENCAVIS AG
Jörg Peters       
Head of Corporate Communications & IR
Tel.: 2 242     
E-Mail:


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05.09.2022 CET/CEST Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: ENCAVIS AG
Große Elbstraße 59
22767 Hamburg
Germany
Phone: -0
Fax: -129
E-mail:
Internet:
ISIN: DE0006095003
WKN: 609500
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1434665

 
End of News DGAP News Service

1434665  05.09.2022 CET/CEST

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05/09/2022

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