Energiekontor Sells Solar Park to CEE Group With Total Nominal Output of Approx 19 MWp

Energiekontor AG has successfully sold a solar park with a total nominal output of around 19 MWp to the CEE Group.

The solar park is located in the municipality of Karstädt in the district of Prignitz in Brandenburg and will generate around 20 GWh of green electricity annually from the first full year of operation.

This roughly corresponds to the average annual electricity requirement of around 6,000 German households.

There is guaranteed EEG remuneration for a period of 20 years for around a quarter of the solar park.A long-term private-sector power purchase agreement (PPA) with a term of 15 years was concluded for around three quarters of the park.

The construction of the solar park has already started and commissioning is planned for the beginning of 2023.

"With the sale of the solar park, we are laying another cornerstone for our growth in the 2023 financial year," commented Peter Szabo, CEO of Energiekontor AG on the transaction.“It is also nice proof of the successful further diversification of our company in the wind and solar business areas.Around a quarter of our well-filled and high-quality project pipeline is now in the solar sector,” Szabo continues.

"The purchase of the solar park marks the third successfully completed transaction with Energiekontor, which we value very much as a reliable and fair project partner," explains Detlef Schreiber, CEO of the CEE Group."With the solar park, we are expanding our strategic commitment in the field of renewable energies with another highly attractive project and at the same time making a contribution to the expansion of renewable energies in Germany," continued Schreiber.