S.A.G Solarstrom sells German Jüterbog project

Facebook
Twitter
LinkedIn
Reddit
Email

PV plant developer S.A.G Solarstrom has sold a collection of German projects.

The sale of what S.A.G Solarstrom claims is its largest German project in Jüterbog is now complete

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The Arneburg 10MW solar park and three other solar parks has been sold to an institutional investor.

The sale was delayed due to insolvency measures of a component supplier and other service suppliers. Consequently, S.A.G Solarstrom did not receive the higher million euro price figure it expected from other project sales in Germany, during November and December last year. Delays in payments related to a number of projects in a number of European markets forced the developer to apply for insolvency.

S.A.G Solarstrom will receive a double digit million euro figure from the sale, which it will use to repay a project-related bridging loan from Deutsche Bank. 

S.A.G Solarstrom paid the highest portion of its Deutsch Bank loan with the Jüterbog project sale, after this repayment, a single digit, million euro price figure will remain from the sale, to be paid to S.A.G Solarstrom over the second quarter of 2014.

Read Next

July 3, 2025
Renewable energy curtailment in Brazil is set to reach 8% across the country, and be as high as 11% in the north-east, by 2035.
July 3, 2025
Spanish IPP Zelestra has secured a €235 million (US$277 million) increase to its sustainability-linked loan, bringing the total to €770 million.
July 3, 2025
US tracker manufacturer GameChange Solar has introduced the Genius Tracker TF, a new terrain-following solar tracker system designed to deliver “the industry’s lowest grading requirement on challenging terrain.” 
Premium
July 3, 2025
Meeting the UK’s solar targets will not simply require the installation of new capacity, but investment in grid infrastructure and training.
July 3, 2025
TotalEnergies has expanded its renewables assets in the Caribbean, sold a stake in projects in Portugal and begun construction on two PV parks in Spain.
July 3, 2025
Malaysian engineering and infrastructure giant Gamuda has expanded its presence in the Australian renewables sector by partnering with Tasmanian landowners to build a 1.2GW portfolio, which includes solar PV.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK