ALTERNATIVE FINANCING FORMS
FOR ENTREPRENEURS AND INVESTORS

News

ALTUS sells Pinta Solarpark portfolio to 7C Solarparken

8. March 2018

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.

Subscribe newsletter

Here you can read about the latest transactions, IPOs, private equity deals and venture capital investments, who has raised a new fund, how Buy & Build activities are going.

Get in touch

Contact us!
fyb [at] fyb.de