EANS-News: COLEXON Energy AG
COLEXON sells solar project companies
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information Hamburg (euro adhoc) - Hamburg, February 22, 2012 - Hamburg-based COLEXON Energy AG (WKN 525070, ISIN 0005250708) has sold two further solar project companies as part of the plan to streamline its business activities. COLEXON has sold the Renewagy 1. Solarprojektgesellschaft mbH & Co. KG, with a rooftop installation portfolio in Southern Germany consisting of 55 photovoltaic installations at 29 locations and a nominal output of 4.5 MWp. Buyer is Belgian-based solar power producer 7C Solarparken N.V. headquartered in Mechelen. Both parties have agreed to not to divulge the sale price. Furthermore, COLEXON has sold a photovoltaic installation in Italy with a nominal output of 1 MWp to an Italian energy utility company. Antitrust approval for the transaction is expected in the coming month. Both parties have also agreed not to divulge the sale price. Following these transactions, COLEXON maintains a portfolio of German core projects with a nominal output of 23.2 MWp in total bundled in seven project companies, as well as core projects in Italy with a nominal output of 5 MWp in total, partially bundled in a local joint venture. Further inquiry note: Friederike Thyssen, Investor Relations COLEXON Energy AG, friederike.thyssen@pvf.de end of announcement euro adhoc -------------------------------------------------------------------------------- company: COLEXON Energy AG Große Elbstraße 45 D-22767 Hamburg phone: +49 (0) 40 2800 31 0 FAX: +49 (0) 40 2800 31 101 mail: info@colexon.de WWW: http://www.colexon.de sector: Energy ISIN: DE0005250708 indexes: CDAX stockmarkets: free trade: Berlin, München, Düsseldorf, Stuttgart, regulated dealing/general standard: Frankfurt language: English
Original content of: 7C Solarparken AG, transmitted by news aktuell