DGAP-News: ralos New Energies AG / Key word(s): Miscellaneous
ralos still top in Italy in 2011 - First large plant already
successfully sold
18.01.2011 / 07:45
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ralos still top in Italy in 2011 - First large plant already successfully
sold.
Current sale of Piazza Armerina solar farm confirms strong market position
in Italy
Griesheim, 18 January 2011: ralos New Energies AG, a company actively
involved in the construction of solar-powered plants, has had a splendid
start to the 2011 financial year and can now announce the sale of 'Piazza
Armerina', a further major project in Italy. Both this 3.6 MWp facility and
the 5.3 MWp Troina project were bought by the subsidiary of a renowned
German corporation listed on the MDAX that specialises in solar farms. 'We
are delighted,' said ralos CEO Albert Klein, 'to have already implemented a
second major project for this customer in just a very short space of time.
As SMEs, we have many things in common and are thrilled by the high level
of trust we have achieved - which is a good sign for the future!'
In addition to these two plants, ralos has already sold the company Ralos
Sun Fields s.r.l.(RSF) with three solar farms, bringing its placement
performance for freeland systems in Italy to around 12 MWp with a sales
contribution of more than EUR40 million. Regarding the company's sales
success in Italy, Albert Klein added: 'Our early entry on the Italian
market is increasingly becoming a strategic advantage for the ralos Group.
With the regulations on remuneration for energy fed into the grid still
highly attractive, we are seeing massive demand among our customers that we
are now excellently positioned to serve thanks to the reputation we have
acquired in Italy and our proven ability to deliver.' Other major projects
have already reached an advanced stage in the process of obtaining the
necessary approvals in some cases.
As part of the sale of RSF, Ralos New Energies acquired 49% in Ralos
Northern Italy (RNI), bringing its share in this subsidiary to 100%. In
addition to solar farms, RNI is a further established business pillar in
Italy in the field of large rooftop systems for small and medium-sized
customers. It sold systems with a volume of around 11 MW in 2010. Thus, the
ralos Group can build large rooftop and freeland systems in every region of
Italy.
With this positive momentum at the start of the new financial year, ralos
New Energies AG should be facing the highest income for a first quarter in
the company's history. Further details on current business developments,
including in Germany in particular, will be published shortly.
About Ralos New Energies AG:
Ralos New Energies AG (formerly BGI EcoTech AG) specialises in the growth
market of regenerative energies, particularly photovoltaics. The company,
which was founded in 1990, is a management holding company. With
subsidiaries and distributors in Germany, Spain, Italy, United Kingdom,
France, Canada and Dubai, Ralos is represented in the most important and
potentially fastest growing international markets. Ralos Vertriebs GmbH,
one of Europe's leading systems solutions providers in the field of
photovoltaics, is the company's most important holding.
The company develops, plans, builds and operates innovative photovoltaics
plants, ranging from private solar electricity systems to large-scale
high-output plants of all sizes for industrial clients.
Company contact:
Registered address:
DieselstraÃe 12
64347 Griesheim
Mailing address:
Pfungstädter Str. 100a
64297 Darmstadt
Tel.: +49 (0)6151 95165-0
Fax.: +49 (0)6151 95165-20
info@ralos-new-energies.com
www.ralos-new-energies.com
Investor relations contact:
GFEI Aktiengesellschaft
Hamburger Allee 26-28
60486 Frankfurt am Main
Tel.: +49 (0) 69 74 30 37 00
Fax: +49 (0) 69 74 30 37 22
bgi-ecotech@gfei.de
www.gfei.de
End of Corporate News
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18.01.2011 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: ralos New Energies AG
Kuhbergstr. 28
34131 Kassel
Deutschland
Phone: +49 (0)561-93 87 70
Fax: +49 (0)561-93 87 744
E-mail: info@ralos-new-energies.com
Internet: www.ralos-new-energies.com
ISIN: DE0005203004
WKN: 520300
Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Entry
Standard in Frankfurt
Notierung im Regulierten Markt vorgesehen
End of News DGAP News-Service
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109231 18.01.2011
DGAP-News: ralos still top in Italy in 2011 - First large plant already successfully sold
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