Edisun Power acquires from 7C Solarparken a 1 MW PV plant Mittwoch, 16. Dezember 2015 - 20:17

Edisun Power Europe AG / Key word(s): Miscellaneous
Edisun Power acquires from 7C Solarparken a 1 MW PV plant

16.12.2015 / 20:15
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.

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Zurich/Bayreuth, December 16, 2015

Ad-hoc-Press Release Edisun Power Group/7C Solarparken

Edisun Power acquires from 7C Solarparken a 1 MW PV plant in Southern
France

On December 16, 2015, Edisun Power and 7C Solarparken signed the purchase
of the 1 MWp free field PV plant Sainte Maxime in Southern France. Edisun
Power France SAS acquires from 7C Solarparken NV 100% of the shares of
Sainte Maxime Solaire SAS and takes over the existing financing of the
plant.

7C Solarparken decided to divest the park within the strategic context of
asset rotation as to generate an annual EBITDA gain of EUR 0.2 Mio. through
disposals. Through the sale of the Sainte Maxime installation, the
objective for 2015 has been comfortably achieved. The exit from this
well-running park also brings an end to the small presence of 7C
Solarparken in France, and reinforces the pure-play German vision of the
company.

With this purchase, Edisun Power successfully continues to execute its
growth strategy. The French market is in terms of risk/return for PV
investments an interesting market, which Edisun Power already knows well
through its existing 10 plants with 3.8 MWp. The new plant adds EUR 0.5
Mio. to the yearly turnover and provides a further positive contribution to
the net result.


Edisun Power Group
A listed European solar energy producer, the Edisun Power Group finances
and operates solar power installations in a number of European countries.
Edisun Power began its involvement in this sector as far back as 1997. The
company has been listed on the SIX Swiss Exchange since September 2008.
Edisun Power has amassed wide experience in the realization of both
national and international projects. As of end-November 2015, the company
owns 33 solar energy installations in Switzerland, Germany, Spain and
France, with a total capacity of 14.8 MWp.

For further information:
Edisun Power Europe Ltd.
Universitätstrasse 51
8006 Zurich, Switzerland
www.edisunpower.com
Rainer Isenrich, CEO
info@edisunpower.com
Tel. +41 44 266 61 20


7C Solarparken
7C Solarparken NV is a pure-play PV owner-operator with over 85 MWp of
assets, predominantly located in Germany. The company is listed on the
General Standard segment in Frankfurt.

For further information:
7C Solarparken NV
An der Feuerwache 15
595445 Bayreuth, Germany
www.solarparken.com
Steven De Proost, CEO
info@solarparken.com
Tel. +49 (0) (921) 230557 77