ALTUS sells Pinta Solarpark portfolio to 7C Solarparken

Karlsruhe/ Bayreuth - ALTUS AG of Karls­ruhe reports the successful sale of the Pinta solar park port­fo­lio to 7C Solar­par­ken AG, based in Bayreuth and origi­na­ting from Belgium.

7C Solar­par­ken takes over the port­fo­lio with addi­tio­nal expan­sion poten­tial from ALTUS AG, which deve­lo­ped the port­fo­lio. It is loca­ted near Salz­we­del in Saxony-Anhalt and is equip­ped with REC PV modu­les and Huawei inver­ters. The port­fo­lio has been feeding into the grid of Avacon Netz GmbH since Septem­ber 2017.

ALTUS as a holi­stic project deve­lo­per for rene­wa­ble ener­gies is a wholly owned subsi­diary of Kraft­werke Mainz-Wies­­ba­­den AG (KMW), which is part of the Stadt­wer­ke­ver­bund Mainz-Wiesbaden.

7C Solar­par­ken AG is a listed owner/operator of photo­vol­taic plants in Germany with a port­fo­lio of over 120 MWp. The Company’s shares are traded on the Frank­furt Stock Exch­ange (Gene­ral Standard).

Advi­sor Altus AG: MAYLAND AG
MAYLAND AG was exclu­si­vely manda­ted with the sales process, says CEO Matthias C. Just (photo). Only stra­te­gic inves­tors were approa­ched in a compe­ti­tive auction. The process was comple­ted within a period of just two months with the sale to 7C Solar­par­ken AG.

About MAYLAND AG
MAYLAND is an inde­pen­dent, owner-mana­­ged M&A consul­tancy based in Düssel­dorf. Since its foun­da­tion in 1998, MAYLAND has been deve­lo­ping indi­vi­dual solu­ti­ons for the purchase and sale of compa­nies or parts of compa­nies with owners and manage­ment of both medium-sized compa­nies and corpo­rate groups, and has been imple­men­ting these tran­sac­tions toge­ther with the decis­­ion-makers. MAYLAND also arran­ges any neces­sary or requi­red finan­cing or asso­cia­ted restructuring.

MAYLAND provi­des struc­tu­red process manage­ment for these natio­nal and cross-border projects and coor­di­na­tes all services for a successful comple­tion of the tran­sac­tion. With analy­ti­cal excel­lence, many years of expe­ri­ence and a commit­ment to part­ner­ship, MAYLAND struc­tures tran­sac­tions in all phases of a company. MAYLAND atta­ches parti­cu­lar importance to custo­mi­zed and holi­stic solu­ti­ons, trans­pa­rent consul­ting services and long-term custo­mer rela­ti­onships based on trust. For more infor­ma­tion in German, English, Chinese and Russian, please visit www.mayland.de.