DGAP-News: Phoenix Solar Aktiengesellschaft builds a solar park in Brandenburg with a peak power of 18 megawatts in its final form
(firmenpresse) - Phoenix Solar Aktiengesellschaft / Miscellaneous
01.07.2010 07:01
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Phoenix Solar AG builds a solar park in Brandenburg with a peak power of 18
megawatts in its final form
*LUXCARA Asset Management GmbH won as a new customer
*First construction stage of 14.4 megawatts already online
Sulzemoos 1 July 2010 / Phoenix Solar AG (ISIN DE000A0BVU93), a leading
photovoltaic system integrator listed on the German TecDAX, has built a
photovoltaic power plant with a peak power of 14.4 megawatts (MWp) for
Hamburg-based LUXCARA Asset Management GmbH, to be ramped up to 18 MWp in a
second construction phase. The first 14.4 MWp have been connected to the
grid of the utility company envia on 30 June 2010. The power plant is
located in Senftenberg in Brandenburg on the site of a former opencast
mining area. As the building plan for the project had been legally
finalised before the cut-off date of 25 March 2010, the second construction
phase can be carried out in the second half of 2010 and is thus not subject
to the additional feed-in tariff cut.
LUXCARA Asset Management GmbH is a Hamburg-based asset management company
specialised in renewable energies infrastructure investments. The company
acts in an advisory capacity to LUXCARA S.A., SICAV-FIS, a Luxembourg
investment fund. LUXCARA stands for innovative investment solutions in the
field of renewable energies, with a special focus on photovoltaics.
Around 186,000 First Solar thin-film modules were used for the 14.4 MWp in
the first construction phase. The planned extension to 18 MWp is to be
carried out in the third quarter of 2010. The total number of solar modules
installed will then come to around 240,000 on a surface area of
approximately 63 hectares.
This is an English translation of the German original. Only the German
version is binding.
_______________________
About Phoenix Solar AG
Phoenix Solar AG, which has its headquarters in Sulzemoos near Munich, is a
leading international photovoltaic system integrator. With total revenues
of EUR 473 million, the Group achieved an EBIT of EUR 12.2 million in the
financial year 2009. The company develops, plans, builds and takes over the
operation of large-scale photovoltaic plants and is a specialist wholesaler
for complete power plants, solar modules and accessories. The Group is a
leader in photovoltaic system technology. It focuses on the consistent
lowering of system costs. With a sales network throughout Germany, and
subsidiaries in Spain, Italy, Greece, France, Singapore, Oman and
Australia, the Group currently has a workforce of more than 300 employees.
The shares of Phoenix Solar AG (ISIN DE000A0BVU93) are listed on the
official market (Prime Standard) of the Frankfurt Stock Exchange and on the
TecDAX, Deutsche Börse AG's technology index.
About LUXCARA Asset Management
LUXCARA Asset Management GmbH is an asset management company specialised in
renewable energies and focused on the European market for photovoltaics.
The company, based in Hamburg, is headed by Dr. Alexandra von Bernstorff
and Kathrin Oechtering and has long-standing experience in the structuring
and purchasing of premium photovoltaic portfolios for institutional
investors. LUXCARA Asset Management acts in an advisory capacity to LUXCARA
S.A., SICAV-FIS, a Luxembourg investment fund. The solar fund has been set
up under Luxembourg law specifically for the savvy investor and may not be
actively marketed to the general public in Germany.
Contact:
Phoenix Solar AG
Anka Leiner
Investor Relations
Hirschbergstraße 8
D-85254 Sulzemoos
Tel. +49 (0) 8135 938-315
Fax: +49 (0) 8135 938-399
a.leiner(at)phoenixsolar.de
www.phoenixsolar.de
Amtsgericht München HRB 129117
Ust-ID Nr. DE 812868419
01.07.2010 07:01 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------
Language: English
Company: Phoenix Solar Aktiengesellschaft
Hirschbergstraße 8
85254 Sulzemoos
Deutschland
Phone: +49 (0)8135-938-000
Fax: +49 (0)8135-938-099
E-mail: kontakt(at)phoenixsolar.de
Internet: http://www.phoenixsolar.de
ISIN: DE000A0BVU93
WKN: A0BVU9
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München (m:access), Hannover, Düsseldorf,
Stuttgart, Hamburg
End of News DGAP News-Service
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Datum: 01.07.2010 - 07:01 Uhr
Sprache: Deutsch
News-ID 23281
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
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