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ENCAVIS AG sells Austrian wind farm portfolio in total to WIEN ENERGIE

DGAP-News: ENCAVIS AG

/ Key word: Disposal/Investment

ENCAVIS AG sells Austrian wind farm portfolio in total to WIEN ENERGIE

27.12.2021 / 07:00

The issuer is solely responsible. | December 27, 2021 ....

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Investegate |ENCAVIS AG Announcements | ENCAVIS AG: ENCAVIS AG sells Austrian wind farm portfolio in total to WIEN ENERGIE

Investegate announcements from ENCAVIS AG, ENCAVIS AG sells Austrian wind farm portfolio in total to WIEN ENERGIE ....

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DGAP-News: ENCAVIS AG sells minority interests of 49% in wind farm portfolio in Austria

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DGAP-News: ENCAVIS AG / Key word(s): Disposal/Strategic Company Decision ENCAVIS AG sells minority interests of 49% in wind farm portfolio in Austria 21.12.2020 / 07:00 The issuer is solely responsible for the content of this announcement. Corporate News Encavis sells minority interests of 49% in wind farm portfolio in Austria Hamburg/Vienna, December 21, 2020 - SDAX-listed wind and solar park operator Encavis AG (ISIN: DE0006095003, Prime Standard), sold 49 percent of its wind farm portfolio in Austria to the largest regional Austrian utility, WIEN ENERGIE GmbH. The three wind farms "Pongratzer Kogel" and "Herrenstein" in Styria and "Zagersdorf" in Burgenland represent a generation capacity of 36.2 MW in total. "The renewed sale of minority interests in a wind farm portfolio remains our guiding principle for strengthening our internal financing power as well as further diversifying our portfolio", Dr ....

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Encavis offloads 49% of Austrian wind portfolio

Encavis has sold a 49% stake of its wind farm portfolio in Austria to Wien Energie for an undisclosed price.
The portfolio totals 36.2MW and comprises three wind farms – Pongratzer Kogel and Herrenstein in Styria and Zagersdorf in Burgenland.
Encavis chief executive Dierk Paskert said: “The renewed sale of minority interests in a wind farm portfolio remains our guiding principle for strengthening our internal financing power as well as further diversifying our portfolio.”
The company said the strategic decision to sell minority stakes of up to 49% in selected wind farms to institutional investors or utilities frees up existing cash reserves for investment in further projects, confirms the accounting values of the assets in the existing portfolio and results in book profits in the national financial statements. ....

Christoph Husmann , Dierk Paskert , Pongratzer Kogel , Michael Streibl , Wien Energie , கிறிஸ்டோஃப் ஹஸ்மான் , வீந் எனர்ஜி ,

Investegate |ENCAVIS AG Announcements | ENCAVIS AG: ENCAVIS AG sells minority interests of 49% in wind farm portfolio in Austria

DGAP-News: ENCAVIS AG
/ Key word(s): Disposal/Strategic Company Decision
ENCAVIS AG sells minority interests of 49% in wind farm portfolio in Austria
21.12.2020 / 07:00
Corporate News
Encavis sells minority interests of 49% in wind farm portfolio in Austria
Hamburg/Vienna, December 21, 2020 - SDAX-listed wind and solar park operator Encavis AG (ISIN: DE0006095003, Prime Standard), sold 49 percent of its wind farm portfolio in Austria to the largest regional Austrian utility, WIEN ENERGIE GmbH. The three wind farms Pongratzer Kogel and Herrenstein in Styria and Zagersdorf in Burgenland represent a generation capacity of 36.2 MW in total.
The renewed sale of minority interests in a wind farm portfolio remains our guiding principle for strengthening our internal financing power as well as further diversifying our portfolio , Dr Dierk Paskert, CEO of Encavis AG, explained this strategic course of the Group. ....

Nordrhein Westfalen , Christoph Husmann , Lisa Grohs , Dierk Paskert , Renergie Gmb , Pongratzer Kogel , Michael Streibl , Encavis Group , Prime Standard , Wien Energie , Management Board , Wien Energie Gmbh , Encavis Asset Management , னோற்ர்ேன் வெஸ்ட்ஃபாலன் , கிறிஸ்டோஃப் ஹஸ்மான் , எனர்ஜி க்ம்ப் , ப்ரைம் தரநிலை , வீந் எனர்ஜி , மேலாண்மை பலகை , வீந் எனர்ஜி கஂப் ,