Energiekontor Secures Financing for 40 MWp French Solar Projects

• Energiekontor AG launches its first solar projects in France, securing 40 MWp capacity with 20-year tariff guarantees, expanding its renewable footprint in Occitania.

Energiekontor AG has secured financial arrangements for two solar projects in France, marking its first solar ventures in the country. The projects, Rignac and Lachapelle-Auzac, will have a combined capacity of 40 MWp and are located in the Occitania region. Building permits were obtained in early 2024, and the projects won contracts in a French auction for ground-mounted solar plants last year. The electricity tariffs are guaranteed for 20 years with annual inflation adjustments.

CEO Peter Szabo highlighted the company's growing project pipeline in France, with additional applications for around 130 MWp currently under review. The solar parks will be added to Energiekontor's portfolio upon completion.

How will Energiekontor's first French solar projects impact its future growth strategy?

• Diversification of Portfolio: The entry into the French solar market allows Energiekontor to diversify its geographical portfolio, reducing reliance on existing markets and spreading risk.
• Increased Market Presence: Successfully establishing projects in France could enhance Energiekontor's reputation and credibility, potentially leading to more opportunities in the French renewable energy sector.
• Pipeline Expansion: With additional applications for around 130 MWp under review, the company is positioning itself for significant growth in the French market, which could lead to increased revenue streams.
• Long-term Revenue Stability: The 20-year guaranteed electricity tariffs with inflation adjustments provide a stable and predictable revenue source, supporting long-term financial planning and investment in future projects.
• Strategic Growth: The successful implementation of these projects could serve as a model for future solar developments, aligning with Energiekontor's strategy to expand its renewable energy footprint across Europe.
• Innovation and Expertise: Gaining experience in the French regulatory and operational environment can enhance Energiekontor's expertise, potentially leading to more efficient project execution and innovation in future projects.
• Strengthened Competitive Position: Establishing a foothold in France could strengthen Energiekontor's competitive position against other renewable energy companies, both in France and across Europe.