7C Solarparken AGXETR: HRPK

Q1 2025 Results

· Issued by 7C Solarparken AG
28/05/2025 Q1'25 Results & Outlook 2025






Q UPDATE IPP PORTFOLIO

3

CONTENT





IPP PORTFOLIO AT 31.05.2025 472 MWP Yielding Annual Power Sales of EUR 64 Mio.

FULL CAPACITY

MWP

NOT GRID-CONNECTED

MWP

PRODUCTION

GWH

LOAD HOURS KWH/KWP

POWER SALES

EUR Mio.

CAPTURE PRICE

EUR/MWH

Germany

410

19

394

963

59

149

_Fixed FIT < 2016

165

158

961

43

273

_Direkt Vermarktung

245

19

236

964

16

67

Belgium

63

1

52

835

5

94

_Green Certificates

6

5

832

2

377

_PPA's & Injection

57

1

47

836

3

64

IPP Portfolio 472 20 447 946 64 143 Note: The installation "Reuden Süd is under construction. but not retained yet in the IPP Portfolio due to its uncertain future.
  • Projects in construction (20 MWP) are included at their full capacity: Rötz V, Premenreuth and Kohlberg

  • Recent grid connection for Pirk, Germany (4 MWP) and Nedcargo_2, Belgium (4 MWP)

  • Average year of commissioning: 2012-13 (weighted revenues) => 8 years at full equivalent feed-in revenues

  • Average capture price: EUR 143/MWh

    • Germany: Feed-in Tariffs are state-guaranteed and fixed for 20 years + year of commissioning

    • Belgium: Long-term on-site PPA's in combination with merchant power and green certificates for the parks < 2013

  • Balanced Upside/Downside to Power Sales: (+) months with market price > Feed-in Tariff and (-) exposure of parks to negative prices

  • Rooftop and land lease contracts usually running 20 years + option for at least 5 years extension

  • PV Estate 199 ha includes land ownership on 85 MWP PV assets



BREAKDOWN BY YEAR OF COMMISSIONING

60.000

50.000

40.000

30.000

20.000

10.000

-

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

450



400

350

300

250

200

150

100

50

-

EXPOSED TO NEGATIVE PRICES

KWP Germany
KWP Belgium
EUR/MWH (Right Scale)

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