ISIN:DE000A289YQ5

EQS-News: Greencells GmbH is awarded EPC contract for the Electricity Supply Board’s (ESB) first solar park project in Ireland

Retrieved on: 
Samstag, Januar 13, 2024

Bullstown Solar Farm is the first of three wholly-owned ESB solar farms currently being progressed which represents a total investment of almost  EUR 200 million.

Key Points: 
  • Bullstown Solar Farm is the first of three wholly-owned ESB solar farms currently being progressed which represents a total investment of almost  EUR 200 million.
  • We now look forward to working with Greencells, one of the largest European solar EPC providers, to deliver Bullstown Solar Farm.
  • Ric Hallikeri, General Manager EMEA at Greencells, added: “Ireland is a focus market for Greencells GmbH with the construction of six solar farms currently underway in the country.
  • Bullstown Solar Farm is our first project with ESB and we look forward to delivering this important kick-off project for its wider solar portfolio.

EQS-News: Greencells GmbH doubles consolidated EBIT to EUR 5.6 million in the first half of 2023; full-year forecast expected to be exceeded

Retrieved on: 
Dienstag, November 7, 2023

Greencells GmbH doubles consolidated EBIT to EUR 5.6 million in the first half of 2023; full-year forecast expected to be exceeded

Key Points: 
  • Greencells GmbH doubles consolidated EBIT to EUR 5.6 million in the first half of 2023; full-year forecast expected to be exceeded
    The issuer is solely responsible for the content of this announcement.
  • Although consolidated sales decreased from EUR 102.0 million to EUR 78.9 million due to project-related factors, gross profit improved in parallel – also due to project-related factors – from EUR 7.6 million to EUR 10.3 million.
  • At EUR 5.6 million, Greencells doubled the previous year’s figure of EUR 2.8 million.
  • Consolidated earnings after tax more than tripled compared to the same period of the previous year, from EUR 0.9 million to EUR 3.4 million.

EQS-News: Greencells GmbH increases consolidated revenue by 42% to EUR 158.9m in 2022; consolidated EBIT significantly raised from EUR 0.2m to EUR 7.9m; revenue growth to over EUR 200m planned in 2023

Retrieved on: 
Montag, Juli 3, 2023

Greencells GmbH increases consolidated revenue by 42% to EUR 158.9m in 2022; consolidated EBIT significantly raised from EUR 0.2m to EUR 7.9m; revenue growth to over EUR 200m planned in 2023

Key Points: 
  • Greencells GmbH increases consolidated revenue by 42% to EUR 158.9m in 2022; consolidated EBIT significantly raised from EUR 0.2m to EUR 7.9m; revenue growth to over EUR 200m planned in 2023
    The issuer is solely responsible for the content of this announcement.
  • On the earnings side, Greencells achieved a consolidated EBIT of EUR 7.9 million in fiscal year 2022.
  • For fiscal year 2023, Greencells plans to increase consolidated revenue to over EUR 200 million.
  • The audited consolidated financial statements 2022 of Greencells GmbH with the unqualified audit opinion of the auditor are available at www.greencells.com/ir.

EQS-News: Greencells sells 132 MW solar park in Hungary

Retrieved on: 
Dienstag, April 25, 2023

Saarbrücken, 25 April 2023 – Greencells Group (Greencells), a globally active developer as well as EPC and O&M service provider for utility-scale solar power plants, has sold a cluster consisting of two neighboring solar parks in Hungary with a combined capacity of 132 MW to the listed energy company Shanghai Electric Power Co. Ltd (SEP).

Key Points: 
  • Saarbrücken, 25 April 2023 – Greencells Group (Greencells), a globally active developer as well as EPC and O&M service provider for utility-scale solar power plants, has sold a cluster consisting of two neighboring solar parks in Hungary with a combined capacity of 132 MW to the listed energy company Shanghai Electric Power Co. Ltd (SEP).
  • The cluster, located north of Inárcs and in its entirety one of the largest solar parks in Hungary, is currently under construction and is expected to start commercial operation in November 2023.
  • Andreas Hoffmann, CEO of Greencells GmbH: “We are very pleased about the successful sale of the project to a renowned energy company such as SEP.
  • In terms of installed capacity, our company is market leader in Hungary since 2019 and we were able to successfully expand our portfolio in the country to a current total of 475 MW.

EQS-News: Greencells: New independent expert opinion values approximately 18% of Greencells’ current development pipeline at EUR 87 million to EUR 126 million

Retrieved on: 
Freitag, März 31, 2023

Based on current market data for comparable transactions in the respective jurisdictions, the net security value of the now eight European photovoltaic development projects deposited as collateral with a total output of 741 MWp amounts to between EUR 87 million and EUR 126 million.

Key Points: 
  • Based on current market data for comparable transactions in the respective jurisdictions, the net security value of the now eight European photovoltaic development projects deposited as collateral with a total output of 741 MWp amounts to between EUR 87 million and EUR 126 million.
  • These projects represent approximately 18% of Greencells’ secured development pipeline with a total capacity of 4.18 GWp as of 31 December 2022.
  • Their value has increased to a range of EUR 32 million to EUR 48 million (previously EUR 29 million to EUR 43 million).
  • The new independent market value expert opinion is available on the Greencells GmbH website in the “IR” section (www.greencells.com/ir-2) under “Documents”.