ENCAVIS AG partners with GreenGo on 500 MW+ solar portfolio in Denmark
26.05.2020
------------------------------------------------------------Große Elbstraße 5922767 HamburgFon: + 49 40 37 85 62-242Fax: + 49 40 37 85 62-129e-mail: joerg.peters@encavis.comhttp://www.encavis.comTwitter: https://twitter.com/encavis 26.05.2020 Dissemination of a Corporate News, transmitted by DGAP -
ENCAVIS AG partners with GreenGo on 500 MW+ solar portfolio in Denmark
------------------------------------------------------------Große Elbstraße 5922767 HamburgFon: + 49 40 37 85 62-242Fax: + 49 40 37 85 62-129e-mail: joerg.peters@encavis.comhttp://www.encavis.comTwitter: https://twitter.com/encavis 26.05.2020 Dissemination of a Corporate News, transmitted by DGAP -
DGAP-News: ENCAVIS AG / Key word(s): Alliance/Sustainability
ENCAVIS partners with GreenGo on 500 MW+ solar portfolio in Denmark Hamburg, May 26, 2020 - Encavis AG (Prime Standard, ISIN: DE0006095003) is pleased to announce that it has signed a partnership agreement with GreenGo Energy Group a/s concerning a 500 MW+ portfolio of utility scale subsidy-free solar projects in Denmark. The parties have co-created an innovative full cycle partnership model where Encavis will acquire projects early on and ensure financing through to COD, and where the parties are aligned on fully optimizing the project portfolio throughout the development and construction execution cycle. Under the agreement, Encavis has secured exclusivity for a 500MW+ portfolio, structured to ensure sufficient risk mitigation through diversification across Denmark. The lead project, Project M01A, which has already obtained zoning approval and building permit in Ringkøbing Skjern kommune, is planned to commence construction this year in due course. Dr Dierk Paskert, CEO of Encavis AG, comments on the perspectives: Karsten Nielsen, CEO of GreenGo comments:
About GreenGo Energy Group a/s: GreenGo now has 3,000MW+ of solar and storage project assets in various stages of development in selected U.S. states and Scandinavia, of this approximately 140MW in construction. Over the past 12 months, GreenGo has secured more than EUR 700 million (DKK 5.2 billion) in full cycle financing for its project pipeline, and the investor/client base continues to grow. About ENCAVIS: Encavis AG's environmental, social and governance performance was evaluated by ISS-oekom, one of the world's leading ESG research and rating agencies and received the ISS-oekom Prime label. Further information on the company can be found at www.encavis.com
Encavis AG Jörg PetersHead of Investor Relations & Public Relations ------------------------------------------------------------ Große Elbstraße 59 22767 Hamburg Fon: + 49 40 37 85 62-242 Fax: + 49 40 37 85 62-129 e-mail: joerg.peters@encavis.com http://www.encavis.com Twitter: https://twitter.com/encavis |