EQS-News: ENCAVIS grows at an accelerated pace and announces the acquisition of a new wind farm in Everswinkel (28.5 megawatts)

04.12.24 08:30 Uhr

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EQS-News: ENCAVIS AG / Key word(s): Acquisition/Expansion
ENCAVIS grows at an accelerated pace and announces the acquisition of a new wind farm in Everswinkel (28.5 megawatts)

04.12.2024 / 08:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


 

Corporate News

 

ENCAVIS grows at an accelerated pace and announces the acquisition of a new wind farm in Everswinkel (28.5 megawatts)

Hamburg, 4 Dezember 2024 – The Hamburg-based wind and solar park operator Encavis AG has acquired a wind farm with a generation capacity of 28.5 megawatts (MW) in Everswinkel (North Rhine-Westphalia) from UKA Umweltgerechte Kraftanlagen Holding GmbH. The wind farm, located east of Münster, consists of two projects, of which Everswinkel I (22.8 MW) has been connected to the grid since August 2024 and Everswinkel II (5.7 MW) has been under construction since May 2024. The construction of Everswinkel II is being carried out by UKA Projektträger GmbH & Co. KG.

After acquiring a wind farm in Saxony from UKA at the end of last year, we are continuing our excellent cooperation. The acquisition of the Everswinkel wind farm is another example of the accelerated expansion of our wind and solar capacities in Germany and Europe,” says Mario Schirru, CIO/COO of Encavis AG.

“We are delighted to be continuing our trusting and professional partnership with Encavis AG and to be making a joint contribution to the energy transition with our turnkey energy projects. The Everswinkel wind farm is a good example of the seamless coordination of location, plant technology and components to generate highest energy yields in the long term. Plus, there is added value for the region that results from the expansion of renewable energies,” says Stefan Kath, COO of UKA Umweltgerechte Kraftanlagen GmbH & Co. KG.

Everswinkel I has four Nordex N149 wind turbines, while Everswinkel II has one Nordex N163 wind turbine. The five wind turbines, each with a generation capacity of 5.7 MW, collectively produce approximately 64 gigawatt hours (GWh) of green electricity annually. The electricity generated is secured through an EEG feed-in tariff, ensuring a 20-year purchase agreement.
 

About Encavis:
The Encavis AG (Prime Standard; ISIN: DE0006095003; ticker symbol: ECV) is a producer of electricity from Renewable Energies. As one of the leading independent power producers (IPP), ENCAVIS acquires and operates (onshore) wind farms and solar parks in twelve 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 3.6 gigawatts (GW), of which around 2.2 GW belong to the Encavis AG, which corresponds to a total saving of around 0.8 million tonnes of CO2 per year stand-alone for the Encavis AG. In addition, the Group currently has more than 1.2 GW of capacity under construction, of which around 900 MW are own assets.

Within the Encavis Group, Encavis Asset Management AG offers fund services to institutional investors. Another Group member company is Stern Energy S.p.A., based in Parma, Italy, a specialised provider of technical services for the installation, operation, maintenance, revamping and repowering of photovoltaic systems across Europe.

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 their “AA” level and ISS ESG with their “Prime” label (A-), the Carbon Disclosure Project (CDP) with its Climate Score “B” and Sustainalytics with its “low risk” ESG risk rating.

Additional information can be found at www.encavis.com

Contact:
ENCAVIS AG       
Dr. Oliver Prüfer
Press Officer & Manager Public Relations
Tel.: + 49 (0)40 37 85 62 133
E-Mail: oliver.pruefer@encavis.com
About UKA Umweltgerechte Kraftanlagen GmbH & Co. KG:
As a full-service developer, the UKA Group plans, builds, operates, and sells wind and photovoltaic (PV) farms. It provides sustainable power supplies in Germany, Europe and America that are independent of fossil energy imports, ensure low electricity generation costs, and are climate-friendly. UKA is an owner-managed company that has been pursuing a long-term business strategy since its founding in 1999. The company’s employees are committed to delivering the best possible project results that meet the highest criteria for quality and economic efficiency. All projects are systematically advanced, even when external circumstances require an extra measure of patience and perseverance.   

The UKA Group is one of the leading project developers for renewable energies in Germany. In addition, the Group’s asset management subsidiary UKB handles the technical and commercial management of wind and PV farms in Germany.

Contact:
UKA Umweltgerechte Kraftanlagen GmbH & Co. KG
Benedikt Laubert
Press Officer & Team Lead Project Communications
Tel.: + 49 (0)3521 72806 322
E-Mail: benedikt.laubert@uka-group.com
 



04.12.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - 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: +49 4037 85 62 -0
Fax: +49 4037 85 62 -129
E-mail: info@encavis.com
Internet: https://www.encavis.com
ISIN: DE0006095003
WKN: 609500
Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2043513

 
End of News EQS News Service

2043513  04.12.2024 CET/CEST

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Analysen zu ENCAVIS AG

DatumRatingAnalyst
31.07.2024ENCAVIS SellWarburg Research
27.05.2024ENCAVIS HaltenDZ BANK
03.05.2024ENCAVIS HoldJefferies & Company Inc.
27.03.2024ENCAVIS UnderweightBarclays Capital
15.03.2024ENCAVIS KaufenDZ BANK
DatumRatingAnalyst
15.03.2024ENCAVIS KaufenDZ BANK
15.03.2024ENCAVIS BuyWarburg Research
07.03.2024ENCAVIS KaufenDZ BANK
07.03.2024ENCAVIS BuyHauck & Aufhäuser Privatbankiers KGaA
07.03.2024ENCAVIS BuyWarburg Research
DatumRatingAnalyst
27.05.2024ENCAVIS HaltenDZ BANK
03.05.2024ENCAVIS HoldJefferies & Company Inc.
15.03.2024ENCAVIS HoldJoh. Berenberg, Gossler & Co. KG (Berenberg Bank)
15.03.2024ENCAVIS HoldHauck & Aufhäuser Privatbankiers KGaA
29.02.2024ENCAVIS HoldJoh. Berenberg, Gossler & Co. KG (Berenberg Bank)
DatumRatingAnalyst
31.07.2024ENCAVIS SellWarburg Research
27.03.2024ENCAVIS UnderweightBarclays Capital
14.03.2024ENCAVIS UnderweightBarclays Capital
11.12.2023ENCAVIS UnderweightMorgan Stanley
20.11.2023ENCAVIS UnderweightBarclays Capital

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