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7C Solarparken AG (HRPKk.DE)

HRPKk.DE on Xetra

3.75EUR
30 Oct 2020
Change (% chg)

€0.00 (+0.00%)
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€3.75
Open
€3.73
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€3.73
Volume
26,159
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41,870
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€3.96
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Latest Key Developments (Source: Significant Developments)

7C Solarparken Resolves Capital Increase To Fund 2020-2022 Strategic Plan
Thursday, 1 Oct 2020 

Oct 1 (Reuters) - 7C SOLARPARKEN AG ::RESOLVES CAPITAL INCREASE TO FUND 2020-2022 STRATEGIC PLAN.TO INCREASE COMPANY'S SHARE CAPITAL, EXCLUDING SHAREHOLDERS' SUBSCRIPTION RIGHTS, FROM EUR 61,356,441 TO UP TO EUR 64,256,441 BY ISSUING UP TO 2,900,000 NEW NO-PAR VALUE BEARER SHARES AGAINST CASH CONTRIBUTIONS.THE AIM OF THE STRATEGIC PLAN IS TO INCREASE THE GROUP'S PORTFOLIO TO 500 MWP BY THE END OF 2022..  Full Article

7C Solarparken Outlook For FY EBITDA Increased To EUR 39.2 Mln
Wednesday, 23 Sep 2020 

Sept 23 (Reuters) - 7C SOLARPARKEN AG ::H1 GROUP REVENUES ROSE TO EUR 26.7 MIO. VERSUS EUR 22.8 MIO.H1 EBITDA INCREASED FROM EUR 21.5 MIO TO EUR 23.5 MIO.OUTLOOK FOR EBITDA FOR 2020 IS INCREASED TO EUR 39.2 MIO VERSUS LATEST GUIDANCE OF "AT LEAST EUR 37 MIO.".H1 EBITDA INCREASED FROM EUR 21.5 MIO TO EUR 23.5 MIO.  Full Article

7C Solarparken Q1 EBITDA Up 13% To EUR 6.9 Million
Friday, 29 May 2020 

May 29 (Reuters) - 7C Solarparken AG ::Q1 REVENUES INCREASED BY 29% TO EUR 8.4 MIO (EUR 6.5 MIO. IN Q1'19).Q1 EBITDA ROSE BY 13% TO EUR 6.9 MIO (EUR 6.1 MIO IN Q1'19).DECIDED TO INCREASE ITS OUTLOOK FOR EBITDA 2020 TO "AT LEAST EUR 37.0 MIO.".  Full Article

7C Solarparken Acquires New 10 MWp Solar Park In Hessen
Tuesday, 28 Apr 2020 

April 28 (Reuters) - 7C Solarparken AG ::IBC SOLAR AND 7C SOLARPARKEN DEEPEN PARTNERSHIP.ACQUIRES NEW 10 MWP SOLAR PARK IN HESSEN, REALIZED BY IBC SOLAR.  Full Article

7C Solarparken FY Record EBITDA At EUR 38.1 Mil
Wednesday, 8 Apr 2020 

April 8 (Reuters) - 7C SOLARPARKEN AG ::FY RECORD EBITDA OF EUR 38.1 MIO. VERSUS EUR 35.1 MIO. YEAR BEFORE.WILL PROPOSE TO KEEP ITS DIVIDEND UNCHANGED AT EUR 0.11/SHARE AT UPCOMING ANNUAL MEETING.GUIDANCE FOR FINANCIAL YEAR 2020 IS BASED ON A FULLY OPERATING PORTFOLIO OF 201 MWP (AS FROM END OF JUNE 2020).POSTPONES AGM DUE TO COVID-19 PANDEMIC.ALTHOUGH CURRENT COVID-19 CRISIS HAS NO DIRECT REPERCUSSIONS ON OUR LONG-TERM GOALS, THERE ARE HOWEVER SHORT-TERM EFFECTS.SINCE START OF LOCK-DOWN SITUATION, NUMBER OF DAYS DURING WHICH WE OBSERVE NEGATIVE ELECTRICITY PRICES IS RISING FAST DUE TO A 15% FALL IN ELECTRICITY CONSUMPTION SINCE START OF LOCK-DOWN.UNDER CAUTIOUS ASSUMPTION THAT CURRENT LOCK-DOWN WILL LAST UNTIL END OF JUNE 2020, MANAGEMENT ESTIMATES A NEGATIVE IMPACT ON REVENUES OF EUR 0.4 MIO..TOTAL EBITDA EFFECT ARISING FROM COVID-19 SITUATION IS CURRENTLY ESTIMATED AT EUR 0.8 MIO..SETS ITS GUIDANCE FOR 2020 AT EUR 36 MIO. EBITDA AND EUR 0.48/SHARE CFPS..OPTIMISTIC TO MEET 220 MWP TARGET BEFORE YEAR-END 2020.  Full Article

7C Solarparken Presents Its Next Three Years Plan
Tuesday, 10 Dec 2019 

Dec 10 (Reuters) - 7C SOLARPARKEN AG ::PRESENTS ITS NEXT THREE YEARS PLAN.PLANS TO SHIFT SHORT-TERM FOCUS ON INTEGRATION AND OPTIMISATION, WHILE STILL PLANNING TO MEET ITS CAPACITY TARGET OF 220 MWP AT END OF 2020.MANAGEMENT PLANS TO INCREASE OPERATIONAL EFFICIENCY OF MULTIPLE OPERATING PARKS.HAS SUBMITTED A TAKEOVER BID ON LARGEST UNDERPERFORMING FUND WHICH IT CONSIDERS UNSUITABLE FOR RETAIL INVESTORS DUE TO TECHNICAL RISKS.ASSUMES CONTROL (AND FULL CONSOLIDATION) CAN BE ACHIEVED, EVEN WITH A MINORITY POSITION, AS FROM 2021.EXPECTS TO GENERATE ANNUAL EBITDA OF EUR 42 MIO AND A CASH FLOW PER SHARE OF EUR 0.57 AS FROM 2021.GROUP'S DIVIDEND POLICY REMAINS UNCHANGED.ENTIRE INTEGRATION PROGRAM WILL COST EUR 7.2 MIO.DIVIDEND FOR FINANCIAL YEAR 2019 WILL REMAIN STABLE AT EUR 0.11/SHARE.SUCCESSFULLY CLOSED RIGHTS ISSUE OF EUR 8 MIO. ENABLES PROMPT EXECUTION OF INTEGRATION PLAN.  Full Article

7C Solarparken Capital Increase Fully Placed
Thursday, 5 Dec 2019 

Dec 5 (Reuters) - 7C SOLARPARKEN AG ::EXPIRY OF SUBSCRIPTION PERIOD - CAPITAL INCREASE FULLY PLACED.ISSUE PROCEEDS OF ABOUT EUR 8.0 M.  Full Article

7C Solarparken Resolves On Capital Increase
Friday, 15 Nov 2019 

Nov 15 (Reuters) - 7C SOLARPARKEN AG ::7C SOLARPARKEN AG: 7C SOLARPARKEN AG RESOLVES ON CAPITAL INCREASE WITH SUBSCRIPTION RIGHTS OF EUR 8 MIO..TO INCREASE COMPANY'S ISSUED SHARE CAPITAL FROM EUR 58,733,491.00 TO UP TO EUR 61,356,441.00.PLACEMENT PRICE PER SHARE WAS PUT BY MANAGEMENT BOARD WITH APPROVAL OF SUPERVISORY BOARD AT EUR 3.05 PER SHARE.PLANNED ISSUE PROCEEDS UP TO EUR 8.0 M.NEW SHARES WILL CARRY FULL DIVIDEND RIGHTS AS OF JANUARY 1, 2019.  Full Article

7C Solarparken Resolves On Capital Increase
Tuesday, 25 Jun 2019 

June 25 (Reuters) - 7C SOLARPARKEN AG ::RESOLVES ON CAPITAL INCREASE TO ACCELERATE GROWTH IN THE CONTEXT OF ITS STRATEGIC PLAN 2018-20.TO INCREASE COMPANY'S ISSUED SHARE CAPITAL FROM EUR 53,394,083 TO UP TO EUR 58,733,491.TO ISSUE UP TO 5,339,408 NEW NO-PAR VALUE BEARER SHARES AGAINST CASH CONTRIBUTIONS EXCLUDING EXISTING SHAREHOLDERS' SUBSCRIPTION RIGHTS.NEW SHARES WILL CARRY FULL DIVIDEND RIGHTS AS OF JANUARY 1, 2019.PLACEMENT PRICE PER SHARE WAS PUT BY MANAGEMENT BOARD WITH APPROVAL OF SUPERVISORY BOARD AT EUR 2.85 PER SHARE.5,339,408 NEW SHARES WILL BE OFFERED IN A PRIVATE PLACEMENT UNDER EXCLUSION OF SUBSCRIPTION RIGHT.NEW SHARES WILL BE INCLUDED WITHOUT A PROSPECTUS IN EXISTING LISTING IN REGULATED MARKET SEGMENT OF FRANKFURT STOCK EXCHANGE.PLANNED ISSUE PROCEEDS WILL ALLOW COMPANY, TO ACCELERATE GROWTH OF PORTFOLIO FROM 154 MWP AT END OF 2018 TOWARDS 220 MWP AT END OF 2020.  Full Article

7C Solarparken Reports Deal Flow Strengthening Its Long-Term Business
Tuesday, 19 Feb 2019 

Feb 19 (Reuters) - 7C Solarparken AG ::REPORTS SUBSTANTIAL DEAL FLOW STRENGTHENING ITS LONG-TERM BUSINESS.ACQUISITION OF THREE OPERATING PV ASSETS ACROSS BAVARIA AND MECKLENBURG-VORPOMMERN.OPPORTUNISTIC ENTRY IN WIND MARKET THROUGH INVESTMENT IN A GERMAN WIND FARM.ACQUISITION OF ASSET MANAGEMENT CONTRACTS OF A PV PORTFOLIO WITH A SIZE OF 77 MWP.ACQUISITIONS ARE EXPECTED TO CONTRIBUTE EUR 1,4 MIO. TO ANNUAL EBITDA UNDER NORMAL WEATHER CONDITIONS.  Full Article