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Project Focus: S.A.G. Solarstrom concludes financing for Dehner garden center rooftop

25 January 2010 | By Emma Hughes | News > Thin Film, CdTe , Power Generation

S.A.G. Solarstrom has included the 4.6MWp system it installed on the roof of the Dehner garden center in Rain am Lech into its portfolio and concluded an 18-year financing transaction for €10 million with the Deutsche Bank for the associated investment volume of €14 million. The rooftop system consists of First Solar thin-film modules.

The financing for the project was provided by the Reconstruction Loan corporation through its Renewable Energies program.

"We were able to negotiate an attractive interest rate for the financing," explains Christoph Koch, CFO of S.A.G Solarstrom. "As a result of both this and the high performance capability of the system, attractive returns can be achieved."

"This system will have a long-lasting, strengthening effect on the business area of Power Production", said Dr. Kuhlmann, CEO.

Dehner Garden Centre

Tags: fra:sag

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