| 15/02/08 | | A very good annual result for ABO Wind
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(Wiesbaden,
15 February 2008) ABO Wind AG will conclude the 2007 financial year
with a very good net profit and distinctly exceed the previous year’s
result. Precise figures and the amount of the dividend can only be
announced after the preparation of the annual financial statement. Wind
farms in Germany and France with a combined total of 80 megawatts of
output have been installed. In addition, a biogas plant was connected
to the grid in Germany with 500 kilowatts of output.
Very good financial situation
The
financial situation has significantly improved, after the company was
able to arrange an additional subordinated [does this mean a smaller
loan?] loan for EUR 3 million and a whole series of other credit lines.
ABO Wind therefore has a funding framework sufficient for the project
volume of an entire year. Even with significant funds committed to
wind power projects due to long delivery periods, the additional
financing will enable an expansion of its international subsidiaries
and also allow the acquisition of project rights to a greater extent.
First wind farms in Ireland
In
autumn 2007 ABO Wind purchased the rights for around 50 megawatts of
consented wind farm projects which have now reached the ready-to-build
stage. Negotiations for the purchase of additional projects are
underway and ABO Wind has set itself the target of connecting at least
100 megawatts to the grid in Ireland during the coming years.
International growth and a good level of projects
The
number of employees has risen to around 80, on the basis of many new
projects and new staff being hired in all countries. ABO Wind staff
currently handle assured projects with combined capacity of more than
500 megawatts. Bulgaria has been added as the newest and ninth country
to the ABO Wind portfolio. ABO Wind has established a subsidiary in
Bulgaria in order to sound out the market.
Growth with a sense of proportion and further diversification
ABO
Wind is aiming for proportional growth in 2008 , which is intended to
be achieved via further diversification into new countries and
financing project portfolios. In 2008 the Directors of ABO Wind AG
expect the consent of several projects , particularly in France,
Ireland, Spain and Germany. Due to current project success, excellent
annual results for 2008 and 2009 are anticipated.
top |
08/05/07
| | ABO Wind with a very good annual result
Dividend recommended
Download PDF here
|
| 13/06/06 |
|
ABO Wind with a very good annual
surplus, Dividend recommended |
02/05/06
|
|
ABO Wind sells wind farm with
83 megawatts of output
Innovative finance for renewable
energy -
HVB places Breeze Two with a volume of €470 million
|
| 19/9/05 |
|
ABO Wind also successful during
the current business year |
| 20/5/05 |
|
ABO Wind posts solid annual
net profits |
| 28/10/04 |
|
ABO Wind achieves a good quarterly
result (PDF 28 kb)
|
| 3/6/04 |
|
ABO Wind achieves balanced annual
result |
| 28/11/03 |
|
First building permit in France
- Bonus shares registered (PDF 53 KB) |
| 18/3/03 |
|
ABO Wind yet
again with significantly higher results (PDF, 116 kb)
|
23/6/02
|
|
ABO Wind achieves first successes
in France (PDF, 32 kb)
|
| 13/5/02 |
|
ABO Wind on
course for continued growth (PDF, 28 kb) |
| 05/4/02 |
|
ABO Wind strengthens
project development abroad (PDF, 28 kb) |
| 8/3/02 |
|
ABO Wind planning
capital increase and over-the-counter quotation (PDF, 28 kb)
|
