Pacifico Renewables Yield AG: Purchase agreement signed for 14.1 MW solar park in the Netherlands

October 14, 2021

Gruenwald (14.10.2021/12:05) – Today, Pacifico Renewables Yield AG (“Company”, ISIN: DE000A2YN371, Dusseldorf Stock Exchange: PRY) signed a purchase agreement to acquire a 14.1 MW solar park in the Netherlands. The solar park was developed by the Company’s strategic partner, Pacifico Energy Partners GmbH. The solar park is currently under construction and expected to be completed in the first quarter of 2022. The purchase agreement is based on an enterprise value of approximately EUR 14.5 million, including senior project financing. Closing of the transaction is subject to customary closing conditions and is expected to take place in a timely manner.

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