Financials and Investment News in Germany

Energiekontor Adjusts Earnings Forecast for Financial Year 2024
12/4/2024 - In view of the expectations for the remainder of the year and as a result of additional one-off effects, the Management Board of Energiekontor AG (“Energiekontor”), a leading German project developer ...
Renergo expects additional funding through crowdinvesting
11/29/2024 - The energy transition project developer Renergo intends to raise a low single-digit million amount via the sustainable crowd investing platform Wiwin. "We have a project pipeline of solar parks and ba...
Beacon Energy Provides Corporate Update
11/28/2024 - Beacon Energy, the full-cycle oil and gas company with a portfolio of onshore German assets through its wholly-owned subsidiary, Rhein Petroleum GmbH ("Rhein Petroleum"), provides the following corpor...
Thyssenkrupp Nucera sees FY sales meeting guidance
11/18/2024 - thyssenkrupp nucera recorded strong sales growth and slightly better-than-expected earnings in Q4 and FY 2023/24; project execution well on track

Q4 2023/24:

Strong perform...
Meyer Burger receives notice of termination from its largest customer, DESRI
11/15/2024 - Meyer Burger has received a letter from its largest customer, DESRI, purporting to terminate the master agreement with Meyer Burger with immediate effect.

Meyer Burger is currently analyzi...
Protium Clean Announces Successful German Listing on the Frankfurt Stock Exchange (FSE)
11/13/2024 - Protium Clean Energy Corp., a leading resource company focused on clean energy and sustainable resource development, is pleased to announce that it has successfully listed its shares on the Frankfurt ...
Siemens Energy Achieves All Annual Goals and Sets New Targets for 2028
11/13/2024 - Siemens Energy has successfully completed its 2024 fiscal year, meeting or exceeding all its financial targets. Driven especially by strong growth in the Grid Technologies and Gas Services business ar...
ENCAVIS Achieves Results in the First Three Quarters of 2024
11/8/2024 - The SDAX-listed wind and solar park operator Encavis AG (Prime Standard, ISIN: DE0006095003, ticker symbol: ECV) is significantly below the figures for the same period of the previous year (excluding ...
Nordex Delivers Consistent Revenue Growth with Increasing Profitability in the First Nine Months
11/7/2024 - - Nine month sales grows by 14 percent to EUR 5.1 billion
- EBITDA margin improves to 3.7 percent
- Working capital stable at minus 7.3 percent
- EUR 159 million of free cash flow gener...
Uniper Reaffirms Outlook for Full-year 2024 after Nine Months
11/5/2024 - Uniper’s nine-month performance gives it a confident outlook for full-year 2024. Uniper generated adjusted EBITDA of €2,176 million in the first nine months of 2024. As anticipated, this was significa...
Proton Motor selected for EU Commission’s Innovation Fund
10/25/2024 - The European Commission has selected 85 innovative net-zero projects on 23 October 2024 to be supported with EUR 4.8 billion in grants from the EU Innovation Fund. The Fund is the main tool to support...
Enpal Surpasses €5 Billion in Financing Commitments for Renewable Energy
10/23/2024 - - Enpal has secured over €5 billion in asset financing commitments, enabling the installation of solar panels, heat pumps, batteries, electric vehicle chargers and smart meter gateways
- The fi...
JinkoSolar's Subsidiary Jiangxi Jinko Proposed to Offer and List up to 1,000,519,986 A Shares
10/21/2024 - JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company"), one of the largest and most innovative solar module manufacturers in the world, announced that Jinko Solar Co., Ltd. ("Jiangxi Jinko"), it...
BayWa AG lays foundation for full funding until 2027
10/7/2024 - BayWa has reached an agreement with its main financiers on a key points paper for the restructuring of the company until 2027 and, as already announced, will receive fresh funds totalling around EUR 5...
Beacon Energy Provides Update re Accounts
10/3/2024 - Beacon Energy, the full-cycle oil and gas company with a portfolio of onshore German assets through its wholly-owned subsidiary, Rhein Petroleum GmbH ("Rhein Petroleum"), provides the following update...
Apollo to Provide €1 Billion Capital Solution to Vonovia in Third Transaction
10/2/2024 - Apollo announced that it has entered into an agreement for Apollo affiliates and other long term investors to provide c. €1 billion to acquire a minority stake in one of Vonovia’s affiliates. This com...
Solaris discontinues major parts of EMI business (formerly known as Contis)
9/20/2024 - Solaris, Europe’s leading embedded finance platform has taken the difficult decision to discontinue major parts of its Electronic Money Institution business (formerly known as Contis).

Sol...
MEYER WERFT’s future secured
9/17/2024 - MEYER WERFT in Papenburg is receiving extensive support to secure its economic future. The federal government and the state of Lower Saxony are jointly acquiring around 80 per cent of the shares in ME...
ADS-TEC Energy Reports Half Year 2024 Financial Results
9/12/2024 - ADS-TEC Energy plc (NASDAQ: ADSE), a global leader in battery-buffered, ultra-fast charging technology, announced its unaudited financial results for the first half of 2024, covering the period ended ...
XCHG Limited Announces Pricing of Initial Public Offering
9/10/2024 - XCHG Limited (“XCharge” or the “Company”) (NASDAQ: XCH), a global leader in integrated EV charging solutions, today announced the pricing of its initial public offering of 3,333,335 American Depositar...

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