Home » Internet » First quarter of 2021 at 3U: organic growth and increase in earnings in core businesses lines
First quarter of 2021 at 3U: organic growth and increase in earnings in core businesses lines Posted by PublisherInternet Wednesday, 12. May 2021
In the first quarter of 2021, the consolidated revenue of 3U HOLDING AG (ISIN DE0005167902) declined slightly compared with the first three months of 2020, in line with planning. Consolidated revenue came in at EUR 14.10 million, down 11.8?% compared with the figure posted in the year-earlier quarter (Q1 2020: EUR?15.99 million). The Lüdersdorf wind farm and ClimaLevel Energiesysteme GmbH were sold in the fourth quarter of the financial year 2020 and are no longer part of the group. Their joint contribution in the first quarter of 2020 amounted to around EUR?2.4 million. Continued operations reported significant revenue growth, as forecast.
German turbine manufacturer Enercon has launched an investment platform for institutional investors looking to invest in onshore wind in Europe.
The Enercon Wind Onshore Deutschland I facility is the company s first investment product and is a closed-ended reserved alternative investment fund.
It has secured two unnamed large public law insurance companies as anchor investors, with subscribed capital exceeding the investment volume of €50m by almost double, Enercon said.
The fund is investing in five German wind farms that are already in operation.
They comprise 31 Enercon turbines with a total nominal power of 79MW generating around 135 million kilowatt-hours of electricity a year.
- Established portfolio with 133 megawatts rated output, feed-in tariff under German Renewable Energy Sources Act - Electricity output sufficient to supply over 100,000. | February 28, 2021
EnBW secures investment from Commerz Real in portfolio of 14 wind farms
- Established portfolio with 133 megawatts rated output, feed-in tariff under German Renewable Energy Sources Act
- Electricity output sufficient to supply over 100,000 three-person households
- Both partners with many years of experience in renewable energy
Karlsruhe/Wiesbaden. For its Klimavest impact fund, Commerz Real has acquired 49.9 percent of a portfolio of fourteen onshore wind farms belonging to EnBW Energie Baden-Württemberg AG, comprising 47 wind turbines and a total capacity of 133 megawatts. Located at various sites in the German states of Baden-Württemberg, Brandenburg, Rhineland-Palatinate and Saarland, the wind farms were developed and built by EnBW and the majority of them went into operation in 2017.
HADI TEHERANI SOLAR off to a successful start
Hadi Teherani, the architect, renewable energy pioneer and bearer of the German Order of Merit, creates a new company for sustainable photovoltaic projects and investments in Hamburg, Germany.
The solar industry is facing the biggest boom of all time. In 2030, 65 per cent of electricity consumption in Germany is already supposed to stem from renewable energies – a major portion thereof from solar energy. For more than 25 years now the Hadi Teherani Group (https://www.haditeherani.com) has been addressing the issues of energy efficiency and photovoltaics. Fully in line with trends in the direction of sustainability and solar sources, the founding of the firm Hadi Teherani Solar GmbH has now ensued in Hamburg (https://www.haditeheranisolar.com).