EANS-News: COLEXON Energy AG COLEXON sells solar project companies
--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------
Company Information
Hamburg (euro adhoc) - Hamburg, February 22, 2012 - Hamburg-based COLEXON Energy
AG (WKN 525070, ISIN 0005250708) has sold two further solar project companies as
part of the plan to streamline its business activities. COLEXON has sold the
Renewagy 1. Solarprojektgesellschaft mbH & Co. KG, with a rooftop installation
portfolio in Southern Germany consisting of 55 photovoltaic installations at 29
locations and a nominal output of 4.5 MWp. Buyer is Belgian-based solar power
producer 7C Solarparken N.V. headquartered in Mechelen. Both parties have agreed
to not to divulge the sale price.
Furthermore, COLEXON has sold a photovoltaic installation in Italy with a
nominal output of 1 MWp to an Italian energy utility company. Antitrust approval
for the transaction is expected in the coming month. Both parties have also
agreed not to divulge the sale price.
Following these transactions, COLEXON maintains a portfolio of German core
projects with a nominal output of 23.2 MWp in total bundled in seven project
companies, as well as core projects in Italy with a nominal output of 5 MWp in
total, partially bundled in a local joint venture.
Further inquiry note:
Friederike Thyssen, Investor Relations COLEXON Energy AG,
friederike.thyssen@pvf.de
end of announcement euro adhoc
--------------------------------------------------------------------------------
company: COLEXON Energy AG
Große Elbstraße 45
D-22767 Hamburg
phone: +49 (0) 40 2800 31 0
FAX: +49 (0) 40 2800 31 101
mail: info@colexon.de
WWW: http://www.colexon.de
sector: Energy
ISIN: DE0005250708
indexes: CDAX
stockmarkets: free trade: Berlin, München, Düsseldorf, Stuttgart, regulated
dealing/general standard: Frankfurt
language: English