DGAP-News: MBB Clean Energy AG signed purchase agreements for the acquisition of three photovoltaic power plants in Italy
(firmenpresse) - DGAP-News: MBB Clean Energy AG / Key word(s): Contract
MBB Clean Energy AG signed purchase agreements for the acquisition of
three photovoltaic power plants in Italy
10.10.2013 / 13:02
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Ottobrunn, October 10, 2013 - The MBB Clean Energy AG has signed the
purchase contracts for the acquisition of three photovoltaic power plants
on the island of Sicily. The seller is the global U.S. engineering company
Dresser-Rand, a global supplier of rotating equipment solutions to the oil,
gas, petrochemical, power, and process industries. The power plants
represent 11 MW of renewable energy and were connected to the grid in 2012.
'On our way to one of the leading producers of clean energy in Germany we
get the first top solar project in our portfolio with the plant located in
the municipalities of Monreale. Due to the excellent location and the
Dresser-Rand developed technical equipment of the park, we expect a return
on investment of about 40 % above the minimum requests of the return on
investment stated in the Prospectus', explains Eckhart Misera, CEO of MBB
Clean Energy AG.
Dresser-Rand, as a global leader in energy solutions, has provided hundreds
of power generation and renewable energy solutions, including a substantial
number of photovoltaic power plants all over the world, and is a leading
supplier of equipment and solutions.
The plants, with a total collector area of 77,680 sqm, consist of 44,764
polycrystalline silicon solar modules that produced in 2012 an energy yield
of about 16 million kilowatt hours. This corresponds to an annual
electricity consumption of approximately 4,000 households.
Jesus Pacheco, Dresser-Rand's Executive Vice President New Equipment,
stated: 'We are pleased that MBB Clean Energy AG has selected the
Dresser-Rand plants to be the first solar project acquired for its
portfolio. This is a tribute to the high quality of the design,
construction, operation and maintenance executed by Dresser-Rand in these
PV plants.'
About MBB Clean Energy AG
The MBB Clean Energy aims to become one of the leading producers of 'clean
energy' in Germany, with the acquisition and operation of European and
international energy projects. In the following years the buildup of a
power plant portfolio with a nominal capacity of 1.500 megawatt (MW) is
planned. As part of the MBB Projects Group, MBB Clean Energy AG can utilize
the specialized know how and experience of the Group to carry out economic,
tax, technical and legal risk assessments of potential investment targets.
Criteria for a positive due diligence is among others: a
Return-On-Investment (ROI) from the revenues less operational costs
(EBITDA) of a minimum of ten percent. Furthermore, MBB Clean Energy
exclusively invests in parks, which have a secured grid connection and thus
possess a secured cash flow. Website: www.mbb-cleanenergy.com.
About Dresser-Rand
Dresser-Rand is among the largest suppliers of rotating equipment solutions
to the worldwide oil, gas, petrochemical, and process industries.
Dresser-Rand operates manufacturing facilities in the United States,
France, United Kingdom, Spain, Germany, Norway, and India, and maintains a
network of 49 service and support centers (including 6 engineering and R&D
centers) covering more than 150 countries. Website: www.dresser-rand.com/
Contact Press / Investor Relations
biallas communication&consulting gmbh
Telefon: +49 511 676 698 280
E-Mail: info(at)biallas-cc.de
End of Corporate News
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234075 10.10.2013
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Datum: 10.10.2013 - 13:02 Uhr
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