2023-09-21
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Newsarchive - ABO Wind AG

ABO Wind secures lands for Toqlukuti’k Wind and Hydrogen Project in Newfoundland and Labrador

ABO Wind secures lands for Toqlukuti’k Wind and Hydrogen Project in Newfoundland and Labrador
09/04/2023

ABO Wind Canada Ltd. has been awarded the exclusive right to pursue development of its Toqlukuti’k Wind and Hydrogen Ltd. Project through the Crown Land Call for Bids for Wind Energy Projects. The announcement was made August 30, 2023, by the Honourable Andrew Parsons, Minister of Industry, Energy and Technology.

ABO Wind reports a successful first half year

ABO Wind reports a successful first half year

08/31/2023

The consolidated financial statement for the first half of the year underlines the good development of ABO Wind AG.

ABO Wind and TRICERA energy set new standard in sustainable battery storage systems

ABO Wind and TRICERA energy set new standard in sustainable battery storage systems
06/13/2023

ABO Wind and TRICERA energy are jointly constructing three battery storage projects in Germany. The total capacity of the batteries amounts to more than 25 megawatt hours. They will be commissioned in the course of 2023 in combination with photovoltaic plants with an installed total capacity of 20.4 megawatt peak (MWp).

ABO Wind: Change of legal form to partnership limited by shares would open up great potential

ABO Wind: Change of legal form to partnership limited by shares would open up great potential
06/06/2023

The Managing Board is convinced that the considered change of the legal form of ABO Wind AG (stock corporation) into a partnership limited by shares (abbreviation in German: KGaA) would open up new perspectives for the company and open up considerable further share price potential for long-term oriented shareholders.

ABO Wind realises more projects than ever

ABO Wind realises more projects than ever

05/30/2023

The acceleration of the energy transition in Germany and other countries is boosting ABO Wind's business development.

ABO Wind’s net profit reaches new heights

ABO Wind’s net profit reaches new heights
03/14/2023

The ABO Wind Group generated a profit after tax of 24.6 million euros in 2022 (previous year: 13.8). For the first time, the annual surplus exceeded the threshold of 20 million euros. The company aims to continuously achieve annual surpluses of more than 20 million euros from now on. The goal is to further increase net profits in the medium term.

ABO Wind: Matthias Bockholt leaves Managing Board

ABO Wind: Matthias Bockholt leaves Managing Board

03/07/2023

Matthias Bockholt has decided not to renew his Managing Board contract, which expires at the end of July 2023.

ABO Wind sells 250 MW of renewable energy projects to Repsol

ABO Wind sells 250 MW of renewable energy projects to Repsol
03/01/2023

ABO Wind has reached an agreement with Repsol Renovables for the sale of five renewable energy projects with a total capacity of 250 megawatts. The agreement includes the further development of the five projects by ABO Wind. ABO Wind had started developing the projects in 2018 and will continue to work on them until reaching "Ready to Build" status. The partners have agreed to not disclose the amount and cash flow structure of the sales price.

First hybrid energy projects commissioned by ABO Wind

First hybrid energy projects commissioned by ABO Wind
02/15/2023

In the southwest of Germany, ABO Wind has commissioned its first hybrid energy projects. The most recent addition is a photovoltaic plant combined with a battery energy storage system (BESS) in the municipality of Lahr, Rhineland-Palatinate. The project had been awarded a tariff in the first so-called innovation tender by the German Federal Network Agency in autumn of 2020. The power output of the photovoltaic system is 4.27 Megawatt peak (MWp) and that of the battery is 1.5 Megawatt (MW) with a corresponding storage capacity of 2.2 megawatt hours (MWh).

ABO Wind realises green hydrogen project with refuelling station

ABO Wind realises green hydrogen project with refuelling station
01/17/2023

For the first time, ABO Wind will combine a wind farm with the production and use of green hydrogen: The German Federal Ministry of Digital Affairs and Transport is funding the Hünfeld-Michelsrombach project with around twelve million euros as part of the National Hydrogen and Fuel Cell Technology Innovation Programme. The funding directive is coordinated by NOW GmbH and implemented by Project Management Jülich (PtJ).

ABO Wind completes construction of 50 MW solar farm in Greece

ABO Wind completes construction of 50 MW solar farm in Greece
12/21/2022

ABO Wind has completed the installation of the 50 MW Margariti solar farm in the Epirus region in north-western Greece. The photovoltaic project comprises around 93,000 bifacial panels and 10 central inverter stations. It will connect to the grid through the adjacent substation currently under construction.

ABO Wind connects first wind farm in Poland to the grid

ABO Wind connects first wind farm in Poland to the grid

11/09/2022

Donaborow wind farm (19.8 MW) produces green electricity for nearly 15,000 households / Aquila Capital operates the nine Siemens Gamesa turbines

ABO Wind commissions its first stand-alone battery storage system

ABO Wind commissions its first stand-alone battery storage system
10/20/2022

Largest battery project built by ABO Wind to date connected to the grid / The plant in Kells, Northern Ireland one of the fastest storage systems in the world / The plant is owned by SUSI Partners’ energy storage fund / Many other storage projects in development

ABO Wind sells two 100 MW solar projects in South Africa

ABO Wind sells two 100 MW solar projects in South Africa

09/14/2022

Project rights sold to South African SOLA Group

ABO Wind places promissory notes with a volume of 70 million euros

ABO Wind places promissory notes with a volume of 70 million euros

09/09/2022

Proceeds enable further growth and construction of additional renewable energy projects / Issue increased by 40 percent due to strong demand

ABO Wind presents good figures for the first half of 2022

ABO Wind presents good figures for the first half of 2022
08/31/2022

Surplus and total output increased by around 50 percent compared to the same period last year / Pipeline of projects under development grows to more than 20 gigawatts / With an additional 15 gigawatts, ABO Wind is flanking the development of green hydrogen production

ABO Wind sells the rights to Buffalo Plains Wind Farm

ABO Wind sells the rights to Buffalo Plains Wind Farm

07/28/2022

514.6-megawatts project in Alberta, Canada, is ready to build / Buffalo Plains will generate 1,500 gigawatt hours per year displacing 795,000 tonnes of carbon dioxide

Moving into new dimensions

Moving into new dimensions
03/17/2022

Good annual result achieved in 2021 and positive outlook for 2022 / Pipeline of projects under development grows to 19 gigawatts / Milestones achieved in Germany, Finland, Spain, Poland, and Northern Ireland

Supervisory Board and founders honour contributions of outgoing Chairman of the Board

Supervisory Board and founders honour contributions of outgoing Chairman of the Board

03/11/2022

Andreas Höllinger has shaped and significantly contributed to the success of ABO Wind / Annual result 2021 and outlook for 2022 are favourable

ABO Wind and John Brazil sell Irish wind farm Clogheravaddy to Encavis Fund

ABO Wind and John Brazil sell Irish wind farm Clogheravaddy to Encavis Fund
02/25/2022

23.6-megawatts wind farm sold to alternative investment fund / Project consists of three phases and will be fully operational in 2023 / Community benefit fund to generate 60,000 euros annually for local projects

ABO Wind realises 86-megawatt wind farm independently

ABO Wind realises 86-megawatt wind farm independently
02/08/2022

Commissioning of the Finnish wind farm Pajuperänkangas planned for summer 2023 / Complete value chain in the hands of the Wiesbaden-based company / Financial situation allows independent realisation of large-scale projects

International ABO Wind projects reach milestones

International ABO Wind projects reach milestones

12/20/2021

Project developer successful in Hungarian METAR tariff tender / Grid connection for 100 megawatt wind farm in Argentina secured and project sold

ABO Wind is well on track after first half-year

ABO Wind is well on track after first half-year
08/31/2021

Net profit of 6.5 million euros generated / Two wind farms with a total of 207.7 megawatts in Finland and Spain about to be commissioned / Portfolio of projects under development increased to 16.8 gigawatts

ABO Wind secures further tariffs in innovation tender

ABO Wind secures further tariffs in innovation tender

08/27/2021

Tariffs for two solar/storage combinations / Construction work for first hybrid project about to start / Further battery storage systems in development in several countries

ABO Wind increases bond volume to 50 million euros

ABO Wind increases bond volume to 50 million euros

07/01/2021

Project developer seizes opportunities for further growth / GLS Bank customers show strong interest in the bond

ABO Wind is successful in new countries

ABO Wind is successful in new countries
03/15/2021

Net profit in 2020 exceeds ten million euros for the fifth time in a row / Solar park in Greece (38 megawatts) is the largest project built during the financial year / Revenues in eleven countries for the first time / Storage projects complement core business as third technology

As expected, ABO Wind has achieved a good result in the 2020 financial year

As expected, ABO Wind has achieved a good result in the 2020 financial year

02/23/2021

Net profit increased by 1.7 to 13.1 million euros / Equity ratio rises to 56 percent

ABO Wind sells two solar projects in Argentina

ABO Wind sells two solar projects in Argentina

12/18/2020

Two fully developed solar projects with a capacity of 10 megawatts each sold / Analysts raise target price for ABO Wind share significantly to 54 euro

ABO Wind Oy enters into long-term wind power purchase agreement with Gasum

ABO Wind Oy enters into long-term wind power purchase agreement with Gasum
09/25/2020

ABO Wind Oy and Gasum Oy have entered into a long-term agreement on wind farm output. Under the ten-year Power Purchase Agreement (PPA), Gasum will begin to sell renewable wind power produced in North Ostrobothnia to its customers starting in 2023. The agreement will enable the partners Gasum and ABO Wind to increase the availability of renewable Finnish energy and at the same time more wind power will be built in Finland. Domestic wind power will increase Finland’s self-sufficiency in electricity generation.

ABO Wind to build its first wind farm in Poland

ABO Wind to build its first wind farm in Poland
09/14/2020

Construction of Donaborów wind farm is scheduled to start in 2021 / The 19.8 megawatts project has received a fixed tariff / Six employees in the new Lodz office are working on wind and solar energy projects

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