Press Release

Herausgeber: ABO Energy GmbH & Co. KGaA

ABO Wind sells portfolio of 100 megawatts in France

• Largest project sale in company history
• ABO Wind will build nine wind farms being sold to CEZ
• Transaction enables the Czech supplier to enter the French wind energy market

Wiesbaden (renewablepress) - ABO Wind reports its largest single transaction in the company’s history to date. The project developer has sold nine wind farm projects with a total nominal capacity of about 100 megawatts to the Czech supplier CEZ. 70 percent of CEZ is owned by the Czech government and it is by its own account among the ten largest European energy suppliers. CEZ operates wind farms in several European countries - including Germany - and will now enter the French wind market in cooperation with ABO Wind.

For ABO Wind, France has traditionally been the second most important market after Germany. The French subsidiary ABO Wind SARL has more than 50 employees in Toulouse, Orléans, Nantes and Lyon. They have brought almost 300 megawatts of wind energy on-line and are currently working on additional projects with a total of 800 megawatts. Nine of these projects with a total of 101.8 megawatts were now purchased by CEZ. According to the agreement, ABO Wind will connect these projects, which are in different planning stages, to the grid over the next few years and also be responsible for their operational management. Last year, ABO Wind SARL has applied for permits for the wind energy projects sold to CEZ as well as another 420 megawatts in order to secure the tariff applicable until the end of 2016. It offers an inflation-indexed feed-in tariff of approx. 80 €/MWh over a period of 15 years via a market bonus system.


Wiesbaden, June 6th, 2017


Publication and Reprint free of charge; please send a voucher copy to ABO Wind AG.


Attention editorial offices: For further questions please contact

Media contact:
Alexander Koffka
phone: +49 611 267 65-515
e-mail: press@abo-wind.com



ABO Wind AG
Unter den Eichen 7
65195 Wiesbaden, Germany

Internet: https://www.abo-wind.com/en

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• ABO Wind verkauft Portfolio mit 100 Megawatt in Frankreich

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About ABO Energy GmbH & Co. KGaA

ABO Energy is a globally successful project developer for renewable energies. Since 1996, the company has developed approximately 300 wind, solar and battery projects with a capacity of around six gigawatts and has built about half of them itself. Currently, more than 1,200 dedicated employees in 16 countries on four continents are working on the development of new wind, solar and battery parks with a total output of over 23 gigawatts.

In another business area, ABO Energy is developing large hydrogen projects in sparsely populated regions with particularly good wind conditions. This second development pipeline comprises a wind and solar capacity of a further 20 gigawatts. The electricity produced will not be fed into the grid. Instead, the plan is to produce hydrogen using electrolysis. The hydrogen or its derivatives will then be exported. ABO Energy is working on large hydrogen parks with gigawatt dimensions in Canada, South Africa, Tunisia and Argentina. While the international hydrogen projects are not expected to be implemented until 2030, a hydrogen pilot project is already underway in Germany. The wind turbine, electrolyzer and hydrogen filling station in Hünfeld in eastern Hesse are due to be connected to the grid in 2025.

ABO Energy's experts cover all stages of value creation in the development and construction of renewable energy parks. They prepare expert reports, handle the approval process and financing and take care of construction and grid connection. ABO Energy handles all steps of project development, from site acquisition to construction. The company acquires projects at all stages of development and brings them to a successful conclusion. In addition, ABO Energy assumes long-term operational management and offers service products such as maintenance, gearbox endoscopies, inspections and repairs as well as technical reports (rotor blade, concrete and drive train reports).

The ABO Energy KGaA share (securities identification number: 576002) is listed on the Frankfurt Xetra and on m:access, the over-the-counter segment of the Munich Stock Exchange.