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Energiekontor commissions Scottish wind farm Pines Burn. $EKT (-4,56%)

Energiekontor AG ("Energiekontor"), one of the leading German project developers and operators of wind and solar parks based in Bremen and listed in the General Standard, has successfully commissioned the Scottish wind farm Pines Burn, which was sold to Capital Dynamics in spring 2022, and will take over its operational management in the future.

Dividend announcement for 2024

Encouraging news for investors: Energiekontor plans to distribute a dividend of EUR 1.20 per share for the 2024 financial year. At the current share price level, this corresponds to a dividend yield of 1.69%. The announcement underlines the management's confidence in the future business development and the company's ability to allow shareholders to participate in its success.

Energiekontor AG acquired a total of 1,000 shares in the period from October 14, 2024 to October 18, 2024 as part of the share buyback program announced on May 30, 2024 and started on June 14, 2024.

https://www.anleihen-finder.de/energiekontor-nimmt-windpark-pines-burn-in-betrieb-00066390.html

Kate💎 🙌.@Iwanowitsch

2Mes

Someone also has to manufacture, install and maintain the wind turbines - $VWS

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Tenbagger2024@Tenbagger2024

@Iwanowitsch
I think Energiekontor does that itself.
Because they also build wind farms.

Patrick Schäfer@Hotte1909

Phew, I sold them in June when they were still at €70. Does anyone know why they have slipped so much?

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@Hotte1909
Maybe it's because of Germany.
But with the electricity prices, it should be worth it

@Tenbagger2024 would be possible. However, the electricity prices for producers are actually at rock bottom. We have built a fairly large ground-mounted PV system here in Mellen as a cooperative and the selling price for the electricity is already close to the worst-case scenario. I think the current price is just under 8 cents. Last year it was 14.