| |
|
|
|
| |
|
|
|
| |
|
| |
COLEXON Newsletter October 2009
|
|
|
|
| |
|
|
|
| |
|
 |
|
| |
|
with this new edition of our COLEXON Newsletter we would like to give you an overview of the relevant topics of October.
In the following you will find out more about news related to the fullfilled takeover of Renewagy A/S, about the inauguration oft he first solar power plant "powered by COLEXON" as well as about the essential results of the coalition agreement in Germany.
We hope that you will enjoy reading our report.
Sincerely,
Kirsten Friedrich
Marketing
|
|
Jan Hutterer
Investor Relations
|
|
|
|
| |
|
|
|
| |
|
 |
Delisting of Renewagy A/S
On October 19, 2009, NASDAQ OMX Copenhagen has confirmed the delisting of the Danish Renewagy A/S effective November 17, 2009. The authorisation to delist the Company was already granted by the Renewagy shareholders at the Annual General Meeting on April 30, 2009. Currently, COLEXON Energy AG owns more than 98 per cent of the share capital of and voting rights in Renewagy A/S. Pursuant to section 20e of the Danish Public Companies Act, COLEXON has commenced a process for compulsory redemption of the shares of the remaining Renewagy shareholders. Within a four-week period starting on October 19 until November 16, 2009, the Renewagy shareholders will have the possibility to exchange their Renewagy shares into COLEXON shares. The exchange will be carried out according to the same share exchange ratio as before (27:5).
Links:
|
|
|
|
|
| |
|
|
|
| |
|
Inauguration 735 kWp solar power plant "powered by COLEXON"
On October 29, 2009, the official inauguration of a rooftop solar power plant in Etzbach, Rhineland-Palatinate with a total output of 735 kWp took place. In addition to Edgar Peters, Managing Director of Industriepark Etzbach GmbH, and Thorsten Preugschas, CEO of COLEXON Energy AG, the inauguration was attended by local and regional politicians, e.g. Jacqueline Kraege, Secretary of State of the Rhineland-Palatinate Ministry of Environment, as well as media and company representatives. COLEXON regards this project as an important milestone on its way to establish itself as an independent solar power producer in the solar market. The solar power plant is owned by the COLEXON Group. COLEXON continuously receives state-guaranteed cash flows by feeding in the produced electricity to the grid. These revenues strengthen the business model and add stability to the development of our company.
Links:
|
|
 |
|
|
|
| |
|
|
|
| |
|
 |
Company strategy – CEO explains future development
In the weekly Newsletter of the Financial.de AG, Thorsten Preugschas, CEO of COLEXON Energy AG, gave detailed background information of current business developments as well as a brief forecast regarding the operational business development of COLEXON. In the interview Preugschas emphasized how important the takeover of Renewagy was for COLEXON. With this step the Group further strengthened its position in the market by integrating components of the solar value chain. With its three main business fields – project development, wholesale and plant ownership and operation – COLEXON now focuses on the most profitable segments of the solar business. Preugschas sees COLEXON on the right track to becoming an independent solar power producer. By the end of 2012, COLEXON strives to own and operate a total of 200 MWp of solar power plants and to extend its portfolio to 500 MWp by 2015.
Links:
|
|
|
|
|
| |
|
|
|
| |
|
Solar Power International 09, Anaheim, California (USA)
From October 27 to 29, 2009 the exhibition and conference Solar Power International took place in Anaheim, California, USA. COLEXON attended this event to expand its information and network platform at the international level. The US market is important within COLEXON’s international expansion strategy. With its subsidiary COLEXON Corp. the COLEXON Group entered the US market already in the beginning of 2008. We assume that the United States will turn out to be one of COLEXON’s prime markets in the future. In particular the good partnership with First Solar provides a competitive advantage compared to other project developers in the US market.
Links:
|
|
 |
|
|
|
| |
|
|
|
| |
|
 |
EEG – Coalition Agreement
On October 26, 2009, the Union and the FDP signed a coalition agreement. In this agreement the governing parties categorize solar energy as an important future technology in Germany. The feed-in tariffs are to be discussed and adjusted in close co-operation with the solar industry, to avoid over- or undersubsidisation. COLEXON will take an active role in this discussion. COLEXON anticipates a reduction of the feed-in tariffs primarily targeting on free field systems. In the future the feed-in tariffs for free field plants should be more differentiated and focused on the use of conversion or brownfield areas. COLEXON advocates this approach. In COLEXON’s view, an adjustment of feed-in tariffs dependent on radiation levels would be an appropriate method of making solar power plants in Northern Germany more attractive. France has already adapted differentiated feed-in tariffs according to radiation levels for 2010.
Links:
|
|
|
|
|
| |
|
|
|
| |
|
Announcement – COLEXON at the German Equity Forum
On November 10 and 11, COLEXON will showcases itself to an audience interested investors at the German Equity Forum (Deutsches Eigenkapitalforum). The Deutsche Börse AG and KfW established this forum to provide an ideal information and networking platform for the dialogue between investors and companies. If you, as a business partner or investor, are interested in attending this event, please contact our Investor Relations team.
Links:
|
|
 |
|
|
|
| |
|
|
|
| |
|
COLEXON Energy AG | Große Elbstraße 45 | 22767 Hamburg | HRB 93828
District Court Hamburg - Germany | VAT-ID: DE 198 423 754 | Executive Board: Volker Hars (CEO), Dr. Rolando Gennari (CFO) |
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
|
