- Output sufficient for the equivalent of around 30,000 households

- Own park portfolio grows to over 310 MW

In June, the six wind turbines of Energiekontor's Hanstedt-Wriedel wind farm were successively commissioned and have since been feeding the electricity generated into the grid.

The Hanstedt-Wriedel wind farm was built on parcels of land belonging to the municipalities of the same name in the district of Uelzen, Lower Saxony. The wind farm consists of six General Electric turbines of the type GE 5.3 - 158 with a hub height of 121m and a rotor diameter of 158m.

With a total nominal output of 31.8 MW, the expected annual yield of the wind farm is around 73 million kilowatt hours; this covers the electricity needs of around 30,000 average German households.

The Hanstedt-Wriedel wind farm remains in Energiekontor's own portfolio and thus significantly strengthens the Company's own generation capacities, which thus increase to over 300 MW of wind farms and a further 10 MW of solar farms.

The CEO of Energiekontor AG, Peter Szabo, emphasises the importance of this wind farm for Energiekontor: "The Hanstedt-Wriedel wind farm is one of the most powerful wind farms that we have realised in our Company's history and is currently the largest wind farm in our own portfolio. For many years we have been pursuing the strategy of taking over around half of the completed projects into our own portfolio. While we have sold more projects than we have kept in recent years, our very well-developed project pipeline now allows us to take over more parks into our own portfolio again. We are very confident that we will achieve our goal of expanding our own generation capacities to over 500 MW by the end of 2023."

 

About Energiekontor AG:

A solid business policy and a lot of experience in renewable energies: That's what Energiekontor has stood for for more than 30 years. Founded in Bremerhaven in 1990, the company is one of the pioneers in the industry and is now one of Germany's leading project developers. Its core business ranges from the planning and construction to the operational management of wind farms in Germany and abroad and was expanded in 2010 to include solar energy. In addition, Energiekontor operates wind and solar farms with a nominal output of more than 310 megawatts in its own portfolio. Energiekontor AG also aims to play a pioneering role in economic terms and to realise the first wind and solar parks in all target markets at market prices as quickly as possible, independently of state subsidies.

In addition to its headquarters in Bremen, Energiekontor has offices in Bremerhaven, Hagen im Bremischen, Aachen, Augsburg, Bernau bei Berlin and Potsdam. The company also has offices in England (Leeds), Scotland (Edinburgh, Glasgow), Portugal (Lisbon), USA (Houston/Texas and Rapid City/South Dakota) and France (Toulouse, Rouen).

The proud balance sheet since the company was founded: 128 realised wind farms and 12 solar parks with a total output of more than 1 gigawatt. This corresponds to an investment volume of 1.8 billion euros.

The Company went public on 25 May 2000. The Energiekontor AG share (WKN 531350 / ISIN DE0005313506) is listed in the General Standard of the German Stock Exchange in Frankfurt and can be traded on all German stock exchanges.

Contact:
Investor Relations / Press
Peter Alex
Tel.: +49 421 3304-126
E-Mail: Peter.Alex@energiekontor.com
www.energiekontor.de