|
EQS-News: Daldrup & Söhne AG
/ Key word(s): Incoming Orders
CORPORATE NEWS
Daldrup & Söhne AG receives drilling order for sidetrack from Erdwärme Neustadt-Glewe
Oberhaching / Ascheberg, April 24, 2023 - Daldrup & Söhne AG (ISIN DE0007830572), drilling technology and geothermal specialist, has received an order from Erdwärme Neustadt-Glewe GmbH, district of Ludwigslust-Parchim, in Mecklenburg-Western Pomerania for the construction of a so-called sidetrack from an existing borehole. The project is worth around three million euros. The well is intended to expand the available output of the geothermal heating plant, which has been in operation since 1995. Drilling is scheduled to start in July 2023 and is expected to be completed in August 2023. For Daldrup & Söhne AG, this is already the second contract in the federal state within a short period of time after the drilling for Schwerin municipal utility.
Currently, the first geothermal power plant in Germany, built in 1984, has a capacity of 13 megawatts of heat and supplies 1,400 households with climate-friendly geothermal energy via a local heating network. With the expansion, 15 MW will be available and an additional 200 households will be supplied. The city wants to achieve a neutral carbon dioxide balance by 2030. Geothermal energy makes a considerable contribution to this.
The subsoil of the North German Plain in Mecklenburg-Western Pomerania offers cities and municipalities optimal conditions for using geothermal energy, which provides enormous advantages: it makes consumers independent of political developments in the countries of origin of fossil raw materials and of fluctuating gas and oil prices. In addition, the use of domestic geothermal energy promotes regional value creation.
About Daldrup & Söhne AG Daldrup & Söhne AG (ISIN: DE0007830572, WKN: 783057) with a corporate history spanning more than 75 years is a specialist provider of drilling and environmental services and ranks as one of the leading companies in Germany. Its activities are divided into the business divisions Geothermics, Raw Materials & Exploration, Water Extraction as well as Environment, Development & Services (EDS). The Geothermics business division provides drilling services for near-surface geothermics (especially geothermal probes of heat pumps), along with drilling services for deep geothermics up to 6000 m, in order to utilise the geothermal energy accessible in this way for electricity and/or heat generation. In the Raw Materials and Exploration business division, the bores made by Daldrup & Söhne AG serve for exploring and developing fossil fuel deposits (especially coal and gas) as well as mineral resources and ores (e.g. copper and gold). The Water Extraction business division comprises well construction for the extraction of drinking, service, curative, mineral, boiler-feed or cooling water as well thermal brine. The Environment, Development & Services (EDS) business division comprises special environmental engineering services such as the hydraulic clean-up of contaminated sites, the drilling of gas extraction wells for recovering waste dump gas, the provision of groundwater quality measuring points or the installation of water purification plants.
The shares of Daldrup & Söhne AG are listed in the Scale (sub-segment in the open market of the Frankfurt Stock Exchange).
Disclaimer This publication represents neither an offer for sale nor a call to submit a tender for the purchase or underwriting of securities. This publication and the information it contains is not intended for direct or indirect dissemination in or within the United States of America ("USA"), Canada, Australia or Japan.
Press & Investor Relations contact Daldrup & Söhne AG Falk v. Kriegsheim Fon +49 (0)2593-9593-29 Fax +49 (0)2593-9593-60 Bajuwarenring 17a ir@daldrup.eu 82041 Oberhaching www.daldrup.eu
24.04.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | Daldrup & Söhne AG |
| Bajuwarenring 17a | |
| 82041 Oberhaching | |
| Germany | |
| Phone: | +49 (0) 89 / 45 24 37 920 |
| Fax: | - |
| E-mail: | ir@daldrup.eu |
| Internet: | www.daldrup.eu |
| ISIN: | DE0007830572 |
| WKN: | 783057 |
| Indices: | Scale 30 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1609747 |
| End of News | EQS News Service |
|
|
1609747 24.04.2023 CET/CEST
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.
