Put companies on watchlist
clearvise AG
ISIN: DE000A1EWXA4
WKN: A1EWXA
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

clearvise AG · ISIN: DE000A1EWXA4 · EQS - Company News (56 News)
Country: Germany · Primary market: Germany · EQS NID: 1831703
07 February 2024 08:30AM

Further successful portfolio optimizations at clearvise AG


EQS-News: clearvise AG / Key word(s): Strategic Company Decision
Further successful portfolio optimizations at clearvise AG

07.02.2024 / 08:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


Further successful portfolio optimizations at clearvise AG

  • Sale of the only biogas plant to WELTEC Holding
  • Clear focus of the clearvise portfolio on onshore wind and photovoltaics
  • Feed-in capacity in Klettwitz-Nord to be increased by around 9MW on the AC side

Frankfurt, 07 February 2024 - clearvise AG (WKN A1EWXA / ISIN DE000A1EWXA4), an independent power producer for renewable energies with a diversified European portfolio of wind and PV plants, announces further successful portfolio optimizations.

With the sale of its stake in Biogasanlage Samswegen GmbH & Co KG to a company of WELTEC Holding (www.weltec-biopower.com), clearvise is restructuring its portfolio to exclude the biogas segment. This represents a strategic concentration on the two segments wind and photovoltaics. At the same time, the Klettwitz-Nord solar park will be able to increase its feed-in capacity by around 9 MW on the AC side by converting the park control system to dynamic feed-in. The required certification has been successfully completed and the necessary parameterization and adaptation work in the transformer station is progressing. As a result, around 1,400 MWh of additional environmentally friendly green electricity can be fed into the grid each year with the same installed capacity. The Klettwitz-Nord solar park has an installed capacity of 90 MWp. It was acquired by clearvise in January 2022 and commissioned in May 2022. The performance optimization was implemented in cooperation with GP Joule and Zebotec.

Manuel Sieth, CFO of clearvise, explains: "The intelligent optimization of our portfolio contributes to the continuous improvement of our operating performance and increases our profitability. The increase in performance achieved at Klettwitz-Nord is further proof of the commercial and technical expertise of our asset management team."

Petra Leue-Bahns, CEO of clearvise AG, adds: "Active portfolio management is of the utmost importance for the success of our company. We therefore carry out ongoing valuations of our investments. The sale of the biogas plant is a result of this process. The investment has tied up a lot of resources internally, which we can now use profitably for our core business, the operation of wind and solar parks and the co-development of ground-mounted photovoltaics. We are delighted to have found an experienced buyer in Weltec Holding, which specializes in the operation of biogas plants."

The Samswegen biogas plant is a smaller and older plant with a capacity of 0.8 MW. It was acquired when clearvise was still operating under ABO Invest. Clearvise has made the strategic decision not to continue with biogas technology. The loss of the long-term substrate supply contracts due to the closure of the neighboring dairy farm in the wake of the agricultural crisis jeopardized the continued economic operation of the facility.

About clearvise
clearvise AG is an independent electricity producer from renewable energies with a diversified European investment portfolio of onshore wind and solar parks. Based on a three-pillar acquisition strategy, the company focuses on profitably expanding its portfolio and creates value for all stakeholders with its individual models clearSWITCH, clearPARTNERS and clearVALUE. The clearvise AG share (WKN A1EWXA / ISIN DE000A1EWXA4) has been listed since 2011 and is currently traded on the open markets of various German stock exchanges and via XETRA (www.clearvise.com).

Contact

Company contact Media contact
   
clearvise AG Kirchhoff Consult AG
Andreas Riedel Jan Hutterer
Phone: +49 (0)160 – 6938984 Phone: +49 40 60 91 86 65
E-mail: andreas.riedel@clearvise.com E-mail: clearvise@kirchhoff.de


07.02.2024 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
Gervinusstraße 17
60322 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
EQS News ID: 1831703

 
End of News EQS News Service

1831703  07.02.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1831703&application_name=news&site_id=boersengefluester_html
Visual performance / price development - clearvise AG
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

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.