Publisher: Phoenix Solar AG
ad-hoc release Phoenix Solar AG: project development contract signed for a 20 megawatt solar park in Bulgaria
Sulzemoos - Phoenix Solar AG (ISIN DE000A0BVU93), a leading photovoltaic system integrator listed on the TecDAX, has today signed a project development contract with a Bulgarian subsidiary of the Krass Capital Group AG, a company headquartered in Gräfelfing. The contract stipulates the development of a solar park with a peak output of around 20 megawatts by the Bulgarian project developer. Upon taking over the project companies, Phoenix Solar will carry out turn-key construction of the solar park, be responsible for its operation and maintenance, and sell these project companies to one or more investors. The completion of Phoenix Solar AG’s first multi-megawatt solar park in Bulgaria has been scheduled for 2010.
This is an English translation of the German original. In the event of any doubt, the German version shall prevail.
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About Phoenix Solar AG
Phoenix Solar AG, which has its headquarters in Sulzemoos near Munich, is an international photovoltaic system integrator. The Group develops, plans, builds and operates large-scale photovoltaic plants and is a specialist wholesaler for turnkey power plants, solar modules and accessories. With subsidiaries on three continents, the
company has sold solar modules with an output of significantly more than one gigawatt since its founding. The shares of Phoenix Solar AG (ISIN DE000A0BVU93) are listed on
the official market (Prime Standard) of the Frankfurt Stock Exchange.
Press contact at Phoenix Solar AG
Dr. Joachim Fleing
Phone: 08135 / 938-315