7C Solarparken AG: 7C Solarparken aquires with 6.7 MWp the so far largest solar installation in its history

Installed capacity surpasses the year-end 115 MWp objective

Bayreuth (pta025/08.11.2017/12:07 UTC+1) 7C Solarparken aquires with 6.7 MWp the so far largest solar installation in its history - installed capacity surpasses the year-end 115 MWp objective

Bayreuth, 8 November 2017 - Today, 7C Solarparken AG (WKN: A11QW6, ISIN: DE 000A11QW68) has signed the sales and purchase agreement of a 6.7 MWp PV rooftop installation in Rüsselsheim (Hesse, Germany). This is the largest solar installation in the company's portfolio whose capacity rises to 118 MWp.

Th The project is equipped with high quality components (Suntech, Refusol) and has been commissioned in 2011. Therefore, it enjoys a fixed feed-in tariff of EUR 236/MWh and generates, under normal irradiation conditions, annual EBITDA of at least EUR 1.4 Mio. The solar installation has been debt-financed conservatively with multiple project loans of approx. EUR 9 Mio at interest rates between 1.95% and 3.49%. The equity part within purchase price will be financed through excess liquidity of 7C Solarparken.

Steven De Proost, CEO of 7C Solarparken AG, comments: "It can be noted that this investment is sizeable and lifts our operating capacity to 118 MWp, thereby exceeding the target of 115 MWp at year-end 2017."

7C Solarparken
7C Solarparken AG is a listed owner/operator of PV plants in Germany with a portfolio of 118 MWp. The shares of the company are traded on the regulated segment of the Frankfurt Stock Exchange (General Standard).

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Emitter:	7C Solarparken AG An der Feuerwache 15 95445 Bayreuth Germany
Contact Person:	Koen Boriau
Phone:	+49 921 230557-77
E-Mail:	info@solarparken.com
Website:	www.solarparken.com
ISIN(s):	DE000A11QW68 (Share)
Stock Exchange(s):	Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Munich, Stuttgart