Colexon Energy AG has signed a partnership agreement with DCM Energy AG for the completion of the Wiesenhof roof-top portfolio and further developmental plans to construct at least 12MWp of solar projects. The two companies agreed on a cooperative timeline that will see the companies collaborate until the end of 2010.
For Colexon, the partnership means that around half of the Wiesenhof roof-top portfolio (PHW Group) has been placed on the capital market, with a further 12MWp in the pipeline. Colexon will provide the service, maintenance and operation of these power plants for a 10-year period, with both parties expressing an interest in renewing or extending the partnership at the end of 2010.
“DCM Energy AG is well-recognized as an expert for renewable energy and has clearly recognized the potential offered by high-performance thin-film PV power plants… The strong interest in our Wiesenhof roof-top portfolio clearly shows the success of our corporate strategy, and supports the Colexon Group’s positive growth,” commented Thorsten Preugschas, CEO of Colexon Energy AG.