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EQS-News: ENCAVIS AG / Key word(s): Financing/Expansion
ENCAVIS AG secures EUR 300 million revolving credit facility to finance its Accelerated Growth Strategy 2027
2024-06-26 / 07:05 CET/CEST
The issuer is solely responsible for the content of this announcement.
Corporate News

ENCAVIS secures EUR 300 million revolving credit facility to finance its Accelerated Growth Strategy 2027

Hamburg, 26^th June 2024 - MDAX-listed wind and solar park operator Encavis AG (Prime Standard; ISIN: DE0006095003,
ticker symbol: ECV) has signed a syndicated revolving credit facility in the amount of EUR 300 million. This
significantly oversubscribed short-term credit facility until 30^th April 2025 serves to finance the acquisition of
wind and solar projects under the Accelerated Growth Strategy 2027.
"This additional syndicated revolving credit facility will allow us to make further significant acquisitions in support
of our Accelerated Growth Strategy 2027, also during the pending transition period related to the completion of the
voluntary public tender offer by the KKR-led consortium", welcoming Dr Christoph Husmann, Spokesman of the Management
Board and CFO of Encavis AG, the closing of this financing.
The consortium of this syndicated revolving credit facility, led by the Dutch COÖPERATIEVE RABOBANK U.A., consists of a
total of eight banks - in addition to long-term financing partners, Encavis AG also has new lenders at its disposal.

About Encavis:
The Encavis AG (Prime Standard; ISIN: DE0006095003; ticker symbol: ECV) is a producer of electricity from Renewable
Energies listed on the MDAX of Deutsche Börse AG. As one of the leading independent power producers (IPP), ENCAVIS
acquires and operates (onshore) wind farms and solar parks in twelve European countries. The plants for sustainable
energy production generate stable yields through guaranteed feed-in tariffs (FIT) or long-term power purchase
agreements (PPA). The Encavis Group's total generation capacity currently adds up to more than 3.5 gigawatts (GW), of
which around 2.2 GW belong to the Encavis AG, which corresponds to a total saving of around 0.8 million tonnes of CO[2]
per year stand-alone for the Encavis AG. In addition, the Group currently has around 1.2 GW of capacity under
construction, of which around 830 MW are own assets.
Within the Encavis Group, Encavis Asset Management AG offers fund services to institutional investors. Another Group
member company is Stern Energy S.p.A., based in Parma, Italy, a specialised provider of technical services for the
installation, operation, maintenance, revamping and repowering of photovoltaic systems across Europe.
ENCAVIS is a signatory of the UN Global Compact as well as of the UN PRI network. Encavis AG's environmental, social
and governance performance has been awarded by two of the world's leading ESG rating agencies. MSCI ESG Ratings awarded
the corporate ESG performance with their "AA" level and ISS ESG with their "Prime" label (A-).
Additional information can be found on www.encavis.com
Contact:
Encavis AG
Jörg Peters
Head of Corporate Communications & Investor Relations
Tel.: + 49 40 37 85 62 242
E-Mail: IR@encavis.com
http://www.encavis.com
2024-06-26 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:      ENCAVIS AG 

Große Elbstraße 59
22767 Hamburg
Germany

Phone:        +49 4037 85 62 -0 
Fax:          +49 4037 85 62 -129 
E-mail:       info@encavis.com 
Internet:     https://www.encavis.com 
ISIN:         DE0006095003 
WKN:          609500 
Indices:      MDAX 
Listed:       Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, 

Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1932995

End of News EQS News Service
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1932995 2024-06-26 CET/CEST

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END) Dow Jones Newswires

June 26, 2024 01:05 ET (05:05 GMT)