DGAP-News: ENCAVIS AG: signs power contract with Amazon
DGAP-News: ENCAVIS AG
/ Key word(s): Sales Result/Product Launch
149 MW capacity to be supplied to Amazon (PPA) 50 MW additional capacity will be sold at market prices Spain to become Encavis' largest solar energy market with 500 MW capacity
The investment volume, including project-related external financing, amounts to around 158 million euros. Following the strategy of the solar park in Talayuela, Spain, the project developer Solarcentury participates with up tp 20 percent in the investments. Solarcentury fulfilled already 50 percent of the agreed volume in capacity of 1.1 GW with the projects developed exclusively for Encavis so far. Again Pexapark acted as PPA advisor for Encavis AG. "The attractive conditions in Spain ensure competitive and predictable prices for the purchasers of green electricity and at the same time are making a significant contribution to improving climate conditions. Both projects will reduce CO2 emissions by 3.4 million tons over the contract period," said Paskert, highlighting Encavis' unique selling proposition.
About ENCAVIS: More information about the company can be found at www.encavis.com
Head of Investor Relations & Public Relations ------------------------------------------------------------ Große Elbstraße 59 22767 Hamburg Fon: + 49 40 37 85 62-242 Fax: + 49 40 37 85 62-129 e-mail: [email protected] http://www.encavis.com Twitter: https://twitter.com/encavis
05.12.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | ENCAVIS AG |
Große Elbstraße 59 | |
22767 Hamburg | |
Germany | |
Phone: | +49 4037 85 62 -0 |
Fax: | +49 4037 85 62 -129 |
E-mail: | [email protected] |
Internet: | www.encavis.com |
ISIN: | DE0006095003 |
WKN: | 609500 |
Indices: | SDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 928939 |
End of News | DGAP News Service |
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928939 05.12.2019
Encavis AG Stock
Currently there is a rather positive sentiment for Encavis AG with 3 Buy predictions and 1 Sell predictions.
On the other hand, the target price of 15 € is below the current price of 17.02 € for Encavis AG, so the potential is actually -11.87%.