clearvise AG realizes two more solar parks through cooperation in Italy

EQS-News: clearvise AG / Key word(s): Contract
clearvise AG realizes two more solar parks through cooperation in Italy

25.06.2024 / 08:31 CET/CEST
The issuer is solely responsible for the content of this announcement.

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clearvise AG realizes two more solar parks through cooperation in Italy

* Solar parks with a total capacity of 14.2 MWp planned on former quarries

* Approval procedure underway at neighboring sites south of Rome

  * Start of construction and commissioning of the solar parks expected in
    2025

Frankfurt, 25 June 2024 - clearvise AG (WKN A1EWXA / ISIN DE000A1EWXA4), an
independent power producer for renewable energies with a diversified
European portfolio of wind and PV plants, is implementing two further
projects as part of the clearPARTNERS development cooperation in Italy.
Following the initial project with a planned capacity of 16.1 MWp in
Sardinia, two further solar parks with a planned total capacity of 14.2 MWp
are now to follow around 15 km south of Rome in the Lazio region.

The two projects are to be built just a few hundred meters apart. They will
be built on disused quarries for gravel and sand, so that the area can now
be used to generate solar energy for the future. Both solar parks are
currently undergoing the environmental and building approval procedures.

clearvise expects construction to start on a 7.6 MWp solar park in the first
quarter of 2025. The solar park is scheduled to be commissioned around four
months later in summer 2025. Construction of the second project with a
planned capacity of 6.6 MWp is scheduled to start around three months later.
A construction period of around four months is also planned here. With its
proven clearPARTNERS approach, clearvise is focusing on close cooperation
with all project participants. In this way, the Italian portfolio will be
expanded in a targeted manner in order to take an even larger share of
clearvise's overall portfolio in the future.

Petra Leue-Bahns, CEO of clearvise AG, comments: "We have made rapid
progress since entering the Italian market at the beginning of the year.
Particularly in light of the regulatory changes currently being discussed
with regard to solar areas eligible for approval, it is clear that we have
backed the right horse together with our cooperation partner with quarries
and industrial areas. The joint pipeline is growing. In total, we want to
jointly expand a portfolio in Italy with a current capacity of around 149
MWp."

About clearvise
clearvise AG is an independent 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 is focusing on
profitably expanding its portfolio and creates added value for all
stakeholders with the individual clearSWITCH, clearPARTNERS and clearVALUE
models. The shares of clearvise AG (WKN A1EWXA / ISIN DE000A1EWXA4) have
been listed on the stock exchange since 2011 and are currently traded on the
open market of various German stock exchanges and via XETRA (
www.clearvise.com).

Contact

Company contact Media contact

     clearvise AG                            Kirchhoff Consult GmbH
     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

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25.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        clearvise AG
                   Eschenheimer Anlage 1
                   60316 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:    1931847

End of News EQS News Service
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1931847 25.06.2024 CET/CEST