DGAP-News: Heliocentris Fuel Cells AG: Heliocentris in talks with Alcazar Capital from Dubai regarding strategic partnership in P21
(firmenpresse) - DGAP-News: Heliocentris Fuel Cells AG / Key word(s): Miscellaneous
Heliocentris Fuel Cells AG: Heliocentris in talks with Alcazar Capital
from Dubai regarding strategic partnership in P21
21.06.2011 / 15:07
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Heliocentris in talks with Alcazar Capital from Dubai regarding strategic
partnership in P21
* Alcazar plans taking a stake of 35% of P21
Corporate News
Berlin - 21 June 2011. Heliocentris Energy Solutions AG, a leading
specialist in clean energy storage solutions from Berlin, is in the final
stages of discussions with Alcazar Capital Limited regarding acquiring a
35% stake via a capital increase in P-21, a fully owned subsidiary of
Heliocentris. Alcazar Capital Ltd is a private equity investment advisor in
Dubai advising today on more than US$ 400 million in assets. Its focus lies
on investments in frontier markets, particularly related to telecom
services and supply chain/logistics.
P-21 is a German based, turnkey provider specialized in energy efficiency
solutions, consulting, storage, monitoring and optimization solutions for
the telecommunications, government and oil&gas industry. It was spun out
of Vodafone/Mannesmann AG in 2001. Recently, the company has announced
successful trials in the Middle East, Africa and Asia with mobile operators
helping them achieve energy savings of up to 50% and above 50% from capex
savings from extending equipment life. P-21 has a strong pipeline of
potential deals across the MENA and APAC regions. Prior to the recent
acquisition of P-21 by Heliocentris, P-21 has spent more than 30 million
Euros in R&D and building the energy management business over the past 10
years, developing the most comprehensive solution to meet operator needs.
'We are excited to support the continued growth of P21. It represents a
vital growth area for wireless operators, tower companies and other users
looking to optimize their energy consumption and fits squarely within our
investment thesis that operators will focus on reducing opex and capex by
outsourcing non-core services to specialized providers,' said Patrick
Tangney, a partner at Alcazar. 'In emerging markets, mobile operators see
their opex soaring, putting mounting pressure on their margins. With
limited access to reliable power grids and logistical difficulties
delivering fuel to remote unsecured locations, energy costs can represent
30% or more of an operator's total opex. Operators are looking to install
monitoring and management tools to reduce their energy consumption and
P21's portfolio are far superior to anything else we have seen in the
market. The solution is also suitable for applications outside of telecoms
including military, government, real estate and oil&gas. We are also
very excited to partner with Heliocentris. Heliocentris has extensive
experience in offgrid energy solutions, a leading management and
engineering team, and a proven commitment to the space. We view their
participation as an additional vote of confidence in the prospects for
P21.'
Dr. Henrik Colell, CEO of Heliocentris Energy Solutions AG commented 'We
are delighted about the potential of Alcazar Capital becoming a strategic
shareholder in P21. Given their extensive experience in the global telecom
market as well as their strong position in the Middle East we are confident
that they can accelerate the development of P21'
About Alcazar Capital Limited
Established in 2007, Alcazar Capital Ltd is a private equity investment
advisor incorporated in the DubaïInternational Finance Center (DIFC)
focused on investments in frontier markets, particularly related to telecom
services and supply chain/logistics.
Alcazar was initially setup as the private equity arm of Agility Logistics
to invest in non-logistics businesses. In mid-2009, the management team
initiated an MBO to create an independent private equity house. Today,
Alcazar advises on more than US$ 400 million in assets and is actively
looking at opportunities in frontier markets.
About Heliocentris Energy Solutions AG
Heliocentris Energy Solutions AG is a specialist for clean energy storage
solutions based on a smart combination of batteries, fuel cells and energy
management. Areas of application are mobile and stationary applications
that require longer ranges than current batteries can provide. Examples are
electric vehicles, onboard and emergency power supplies as well as
electricity supply for off-grid applications such as monitoring stations or
energy self-sufficient houses. Heliocentris has been developing and
marketing fuel cell-based energy solutions for more than 10 years now.
Heliocentris initially targeted the training and lab markets as typical
pioneer markets, where it has successfully positioned itself as one of the
worldwide market leaders. Since 2006, Heliocentris has been entering
selected industrial markets with considerable growth potential. With
customers in over 60 countries and a broad distribution and partner
network, Heliocentris is globally well positioned. Heliocentris Energy
Solutions AG is listed at the Frankfurter Wertpapierbörse (Entry Standard)
and employs in total 65 staff with its head office in Berlin and a
subsidiary in Vancouver, Canada.
Further information is available at: www.heliocentris.com.
Disclaimer
This press release contains forward-looking statements that are based on
current assumptions and forecasts of the management of Heliocentris Energy
Solutions AG. Known and unknown risks, uncertainties and other factors
could lead to material differences between the forward-looking statements
given here and the actual development, in particular the results, financial
situation and performance of our Company. The Company assumes no liability
to update these forward-looking statements or to conform them to future
events or developments. The information in this press release does not
constitute an offer of securities for sale or a solicitation of an offer to
purchase securities in the United States or any other country.
Press contact:
Dr. András Gosztonyi
CFO / Managing Director
Heliocentris Energy Solutions AG
+49-(0)30-6392-6185
A.Gosztonyi(at)Heliocentris.com
Cornelia von Poser
College Hill GmbH
+49-(0)69-133896-13
cornelia.von.poser(at)collegehill.de
End of Corporate News
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Language: English
Company: Heliocentris Fuel Cells AG
Rudower Chaussee 29
12489 Berlin
Deutschland
Phone: +49-(0)30 63 92 63 25
Fax: +49-(0)30 63 92 63 29
E-mail: info(at)heliocentris.com
Internet: www.heliocentris.com
ISIN: DE000A0HMWH7
WKN: A0HMWH
Listed: Freiverkehr in Berlin, Stuttgart; Entry Standard in
Frankfurt
End of News DGAP News-Service
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129324 21.06.2011
Datum: 21.06.2011 - 15:07 Uhr
Sprache: Deutsch
News-ID 34440
Anzahl Zeichen: 0
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Kategorie:
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