hep solar: Sale of energy certificates to the Canadian government through the Alderson solar project

Güglingen, 17 October 2024 – The Canadian solar project Alderson from solar specialist hep solar has reached an important milestone. The project company has signed a contract with the Canadian government for the sale of 30 percent of the energy certificates (Green RECs) produced annually.

A fixed price for the certificates has been agreed for a period of 20 years. Thorsten Eitle, Chief Sales Officer at hep solar: “When the project was purchased, it was planned that the Green RECs could be sold on the open market at the respective market prices. As a result, the achievable price was largely dependent on demand. Selling to the Canadian government at a fixed price over a fixed period of time has a positive impact on the project sales and thus on the net present value (NPV).” The fixed-price transaction reduces market fluctuations, which increases the planning security of the cash flows. Semi-professional and professional investors can invest in the Alderson solar park through HEP Solar Club Deal 1 GmbH & Co. geschlossene Investment KG.

Largest solar project of hep solar to date

The Alderson solar project is located in southern Alberta and is the largest solar project of hep solar to date, with a nominal output of over 120 MWp (DC). The 270-hectare park will use around 200,000 solar modules to generate over 190,000 MWh of electricity per year. In spring, hep solar received approval from the Alberta Utilities Commission to build and operate the project. The project is progressing according to plan.


hep solar
hep solar is a specialist for solar investments and solar parks. The owner-managed family business from Baden-Württemberg develops, builds, operates and finances solar parks all over the world, but especially in Germany, Japan and North America. For over 15 years, hep solar has been combining know-how in the operational management of solar parks with a high level of expertise in the financial sector. The company covers the entire solar energy value chain: from project development and construction to long-term operation. Through international solar investments, hep solar offers investors the opportunity to participate in the global expansion of solar energy. hep solar employs more than 200 people worldwide with offices in Germany, Japan, the USA and Canada.


Press contact:
Evelyn Kilinc
Römerstraße 3
D-74363 Güglingen
Phone: +49 7135 93446-759
Email: presse@hep.global
www.hep.global

Investor contact:
Thomas Tschirf
Römerstraße 3
D-74363 Güglingen
Phone: +49 7135 93446-0
Email: greenbond@hep.global
www.hep.global

Financial press contact:
Frank Ostermair, Linh Chung
Better Orange IR & HV AG
Haidelweg 48
D-81241 Munich
Phone: +49 89 8896906-25
Email: linh.chung@linkmarketservices.eu
www.linkmarketservices.eu


Legal notice
This is a press release for the closed-end special AIF “HEP Solar Club Deal 1 GmbH & Co. geschlossene Investment KG”, which is externally managed by HEP Kapitalverwaltung AG (“HEP KVG”). Please read the investor information in accordance with § 307 (1) and (2) KAGB (“§ 307 document”) and the key information document for the fund before making a final investment decision. In the case of “HEP Solar Club Deal 1”, these can be requested at: https://hep.global/en/professional-investors/#products. These documents are the only binding basis for the purchase of shares in the fund. Upon request, we will send you the aforementioned documents in paper form free of charge. You can request these from HEP Kapitalverwaltung AG, Römerstraße 3, 74363 Güglingen.

By purchasing fund units, you do not acquire the assets held by the fund (e.g. photovoltaic systems). These are acquired by the fund represented by HEP KVG. The fund therefore invests in illiquid assets. It may be difficult to sell them. Comprehensive information on the risks associated with the investment in the fund can be found in the sales prospectus. Income from the fund’s holding is subject to taxation, which depends on the individual tax profile of the investor and is subject to change. HEP KVG may decide to revoke the distribution.