Three more repowering projects in Germany up and running

With the wind farms Debstedt (13.5 MW) and Breitendeich (6.4 MW) in Lower Saxony as well as Grevenbroich (7.5 MW) in North Rhine-Westphalia, Energiekontor AG has commissioned all repowering projects as planned for this year. In the first half of the year, the wind farm Hürth (8.55 MW) near Cologne was completed, followed in late summer by the solar park Nadrensee (ca. 10 MWp) located in the southeast of Mecklenburg-West Pomerania. The last project built and sold this year, the wind farm Klein Woltersdorf (2.4 MW) in Brandenburg, is to be connected to the grid in spring 2017.

The Energiekontor Group has thus successfully realised all projects planned for 2016 and, hence, secured the forecast annual result for the business period soon to be concluded.

Peter Szabo, CEO of Energiekontor AG, is delighted: “Just as last year, we managed again to close all relevant projects for the year in time. As a consequence, the annual results 2016 could even exceed our expectations. I would like to thank all participants for their great and reliable commitment. In the upcoming year, we will be facing new challenges in connection with the new tendering system in Germany. As we have introduced various efficiency measures along Energiekontor’s entire value chain, we continue to feel well prepared for a more competitive environment.”

His colleague in the Management Board responsible for inland planning, Günter Eschen, adds: “In addition to the wind farms already built, Energiekontor has obtained building permits for further projects with an overall capacity of around 80 MW in Germany. And further permissions for some 20 MW have been secured in the UK. This is an important basis for the year to come, since these projects can be realised independently from the tendering process.”

Energiekontor would like to thank its employees, its business partners, shareholders and investors and wishes everybody a happy and peaceful new year 2017.