clearvise AG
ISIN: DE000A1EWXA4
WKN: A1EWXA
16 October 2024 08:00AM

EQS-News: clearvise AG signs purchase agreement for a majority stake in a French photovoltaic project with an approved capacity of more than 70 MWp

clearvise AG · ISIN: DE000A1EWXA4 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 2009141

EQS-News: clearvise AG / Key word(s): Contract/Financing
clearvise AG signs purchase agreement for a majority stake in a French photovoltaic project with an approved capacity of more than 70 MWp

16.10.2024 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


Corporate News

clearvise AG signs purchase agreement for a majority stake in a French photovoltaic project with an approved capacity of more than 70 MWp

 

  • Approved ~70 MWp photovoltaic project in the Nouvelle-Aquitaine region
  • Joint project of a clearPARTNERS cooperation
  • Reviewing of options for growth financing

 

Frankfurt, 16 October 2024 – clearvise AG (WKN A1EWXA / ISIN DE000A1EWXA4), an independent power producer from renewable energies with a diversified European portfolio of wind and PV plants, signed the purchase agreement for a further cooperation project together with the regional clearPARTNERS cooperation partners last Friday. The project concerns a French ground-mounted photovoltaic system with an authorised capacity of more than 70 MWp. It is the largest co-development project in the history of clearvise AG to date. The parties have agreed not to disclose the sales price.

Petra Leue-Bahns, CEO of clearvise AG, explains: “The signing of a purchase agreement for a further the co-development project represents a new milestone in our growth initiative. With clearPARTNERS, we have built up an innovative co-development and co-IPP model that focuses on fair, long-term cooperation with regional developers and offers added value to all partners.

Approved photovoltaic project with a planned capacity of more than 70 MWp
The solar project in western France has gone through the authorisation process and has a legally binding building permit. Once completed, the solar park will produce more than 90 GWh of electricity per year, which will be remunerated via a mix of state-guaranteed feed-in tariffs (FiT) and power purchase agreements (PPA).

The regional development partner will hold a 30 per cent stake in the project company as part of the clearPARTNERS cooperation. clearvise has a majority stake of 70 per cent in the cooperation project. The close integration of regional development partners is considered a ‘role model’ for long-term local value creation.

Further strengthening of the clearPARTNERS cooperations
Our pipeline is growing. With the clearPARTNERS cooperations, we are not least driving technological diversification towards solar, with the aim of producing half of our electricity from wind and solar. In order to successfully exploit the opportunities that arise, we need a good liquidity position,” says Manuel Sieth, CFO of clearvise AG. The company is therefore currently reviewing options for financing growth, including the issuance of a bond.

Through various clearPARTNERS cooperations, clearvise has already secured solar projects with a total capacity of more than 200 MWp under contract since 2023, of which one project with 36 MWp is already under construction. This path is to be continued. clearvise is also in discussions with potential partners in other countries to expand its portfolio and is continuously exploring further opportunities.


About clearvise
clearvise AG is an independent producer of electricity from renewable energies with a diversified European investment portfolio of onshore wind and solar parks.

Based on a three-pillar acquisition strategy, the company is focusing on profitably expanding its portfolio and creating added value for all stakeholders with the individual clearSWITCH, clearPARTNERS and clearVALUE models. The shares of clearvise AG (WKN A1EWXA / ISIN DE000A1EWXA4) have been listed on the stock exchange since 2011 and are currently traded on the open market of various German stock exchanges and via XETRA (www.clearvise.com).Die clearvise AG ist ein unabhängiger Stromproduzent aus erneuerbaren Energien mit einem diversifizierten, europäischen Beteiligungsportfolio aus onshore Wind- und Solarparks.

Contact

Company contact  Media contact 
   
clearvise AG  Kirchhoff Consult GmbH 
Investor Relations Jan Hutterer 
Tel.: +49 69 2474 3922 0 Tel.: +49 40 60 91 86 65 
E-Mail: ir@clearvise.com  E-Mail: clearvise@kirchhoff.de 


16.10.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: clearvise AG
Eschenheimer Anlage 1
60316 Frankfurt / Main
Germany
Phone: +49 (0) 69 247439232
E-mail: info@clearvise.com
Internet: www.clearvise.com
ISIN: DE000A1EWXA4
WKN: A1EWXA
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2009141

 
End of News EQS News Service

2009141  16.10.2024 CET/CEST

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The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 31,67 33,08 36,45 32,88 64,03 44,84 36,00
EBITDA1,2 23,37 24,90 27,30 21,84 47,88 33,78 22,50
EBITDA-Margin3 73,79 75,27 74,90 66,42 74,78 75,34 62,50
EBIT1,4 4,39 5,65 4,00 3,64 27,46 15,38 4,30
EBIT-Margin5 13,86 17,08 10,97 11,07 42,89 34,30 11,94
Net Profit (Loss)1 -1,25 -0,40 2,37 -3,28 11,62 6,84 -3,80
Net-Margin6 -3,95 -1,21 6,50 -9,98 18,15 15,25 -10,56
Cashflow1,7 22,09 22,94 25,90 18,50 48,24 16,57 0,00
Earnings per share8 -0,03 -0,01 0,05 -0,05 0,15 0,09 -0,05
Dividend per share8 0,01 0,02 0,02 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: Forvis Mazars

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INVESTOR-INFORMATION
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Clearvise
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A1EWXA DE000A1EWXA4 AG 123,21 Mio € 15.08.2011 9F2C4M9Q+GG
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
40,88 28,50 1,43 -181,67 0,77 7,44 2,75
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,00 0,00 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
12.07.2024 12.09.2024 30.04.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-1,51%
1,64 €
ATH 3,12 €
-6,73% -15,55% -23,60% -21,39% +50,00%

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