clearvise AG acquires project rights for 16.1 MWp solar park in Sardinia

EQS-News: clearvise AG / Key word(s): Contract
clearvise AG acquires project rights for 16.1 MWp solar park in Sardinia

15.04.2024 / 08:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

clearvise AG acquires project rights for 16.1 MWp solar park in Sardinia

* First clearPARTNERS cooperation project in Italy

* Solar park has a planned capacity of 16.1 MWp

* Signing opens up the Italian market for clearvise

Frankfurt, 15 April 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 the signing of a
purchase agreement for an Italian solar park.

The 16.1 MWp solar park is to be built on an industrial site in Sardinia.
The development is at an advanced stage. It is expected to be ready for
construction in the first quarter of 2025. The acquisition relates to the
project rights for the first project from the clearPARTNERS development
cooperation signed in December 2023 for five projects with a total planned
capacity of around 125 MWp. The joint development pipeline is regionally
diversified and the projects are spread across four of the seven Italian
electricity price zones. The development is milestone-based. clearvise has
an exclusive right to acquire 100% of the shares in each project.

Petra Leue-Bahns, CEO of clearvise AG, comments: "The signing of the
purchase agreement for the project rights for our first Italian project is
another milestone for clearvise. The market entry in Italy is thus taking
shape. In addition to this solar park, the development of the other four
projects in the pipeline is also progressing well thanks to the experience
of our cooperation partner."

clearvise is building up a regionally diversified portfolio of onshore wind
farms and solar parks. Due to the high level of solar radiation in countries
such as Italy, the aim is to achieve a high level of efficiency in the
generation of electricity from PV systems. The successful expansion of the
solar park portfolio makes a significant contribution to achieving the
strategic goal of half of production from wind parks and half from solar
parks. The aim is to develop Italy into a stable core market alongside
Germany and France.

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

Corporate contact Media contact

     clearvise AG                           Kirchhoff Consult GmbH
     Andreas Riedel                         Jan Hutterer
     Phone: +49 (0)160 - 6938984            Phone: +49 40 60 91 86 65
     Email: andreas.riedel@clearvise.com    Email: clearvise@kirchhoff.de

---------------------------------------------------------------------------

15.04.2024 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
                   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:    1879783

End of News EQS News Service
---------------------------------------------------------------------------

1879783 15.04.2024 CET/CEST