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EQS-News: Daldrup & Söhne AG / Key word(s): Incoming Orders
Daldrup & Söhne AG receives drilling order from Stadtwerke Neuruppin for the decarbonisation of the district heating
supply
2023-12-19 / 09:27 CET/CEST
The issuer is solely responsible for the content of this announcement.
Daldrup & Söhne AG receives drilling order from Stadtwerke Neuruppin for the decarbonisation of the district heating
supply
. Order volume of circa 5 mio. Euro
Oberhaching / Ascheberg, 19 December 2023 - Daldrup & Söhne AG (ISIN DE0007830572), a drilling technology and
geothermal specialist, has received an order from Stadtwerke Neuruppin GmbH in Brandenburg to drill two geothermal
wells, each with a depth of around 2,000 metres. The project volume amounts to around five million euros. The thermal
water extracted from the boreholes with an expected temperature of around 70°C is to be fed into the existing district
heating network in combination with high-temperature heat pumps. A thermal feed-in capacity of 76 GWh per year is
calculated. This corresponds to the supply capacity for heating around 3,000 average four-person households. The wells
are to be drilled from the 2nd quarter of 2024.
North German lowlands geologically highly attractive for geothermal energy
After Stadtwerke Schwerin, Stadtwerke Hamburg and the contract in Neustadt-Glewe, this is already the fourth district
heating project for Daldrup & Söhne AG in the North German Plain within a short space of time. Local authorities are
very interested in decarbonising their existing district heating supply with heat from geothermal energy. Daldrup is in
negotiations with several municipalities to realise such projects.
The subsurface of the North German Plain, such as in Mecklenburg-Western Pomerania and Brandenburg, offers cities and
municipalities optimal geological conditions for utilising geothermal energy. Advantages include Decarbonisation of the
heat supply, independence from fluctuating coal, gas and oil prices, promotion of regional value creation.

About Daldrup & Söhne AG
Daldrup & Söhne AG (ISIN: DE0007830572, WKN: 783057) with a company history of more than 75 years is a specialised
provider of drilling and environmental services and is positioned among the leading companies in Germany. Its
activities are divided into the business areas Geothermal, Resources & Exploration, Water Extraction and Environment,
Development & Services (EDS). In the Geothermal Energy business sector, drilling services are provided both for
near-surface geothermal energy (especially geothermal probes for heat pumps), but above all also drilling services for
deep geothermal energy of up to 6,000 m, in order to use the geothermal energy thus accessible for the generation of
electricity and/or heat. In the Raw Materials and Exploration business sector, the wells drilled by Daldrup & Söhne AG
are used for exploration as well as mineral raw materials and ores (e.g. copper and gold). This division also provides
drilling services in the context of finding a safe final repository for nuclear waste. The Water Extraction business
area includes well construction for the extraction of drinking, industrial, medicinal, mineral, boiler feed or cooling
water as well as thermal brine. The business area Environment, Development & Services (EDS) comprises special
environmental engineering services such as the hydraulic remediation of contaminated sites, the construction of gas
extraction wells for the extraction of landfill gas, the construction of groundwater quality measuring points or the
construction of water purification plants.

The shares of Daldrup & Söhne AG are listed in the Scale (sub-segment of the Open Market of the Frankfurt Stock
Exchange).

Disclaimer
This publication constitutes neither an offer to sell nor a solicitation of an offer to buy or subscribe for
securities. This publication and the information contained therein are not intended for direct or indirect distribution
in or within the United States of America ("USA"), Canada, Australia or Japan.

Press & Investor Relations Contact
Daldrup & Söhne AG
Falk von Kriegsheim
Fon +49 (0)2593-9593-29
Fax +49 (0)2593-9593-60

Bajuwarenring 17a   ir@daldrup.eu 
82041 Oberhaching   www.daldrup.eu  

2023-12-19 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:      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: 1799789

End of News EQS News Service
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1799789 2023-12-19 CET/CEST

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END) Dow Jones Newswires

December 19, 2023 03:27 ET (08:27 GMT)