Arranged by Deutsche Bank, financed by Tennenbaum Capital Partners
MIAMI/ HAMBURG, 7 July 2014 – Kawa Solar Holdings, Ltd. (the “Conergy Group”), one of the world’s largest downstream solar companies, announced the closing of a $60 million bank guarantee facility for the company’s rapidly growing solar projects business.
Ninth solar power plant build this year to be connected close to Bristol
HAMBURG, July 7, 2014 – The Conergy Group, one of the world’s largest downstream solar companies, announced today the construction of a new 21MWp power plant in the United Kingdom, and the acquisition of a portfolio of rights to solar projects in the country with a combined potential capacity of 166MWp.
- Robert Goss to lead both Conergy subsidiaries in UK
MILTON KEYNES, 13 August 2014 – The Conergy Group, one of the world’s leading downstream solar companies, announced today further steps in the integration of Wirsol Solar UK, which the company acquired in January this year to create one of the UK’s five biggest companies in the engineering, procurement and construction (EPC) of large solarplants.
Two new solar projects for Conergy: one in South Wales (13.5MW), the other in Cornwall, southwest England (4.45MWp)
Wayne David, Member of Parliament for Caerphilly, South Wales: “This is tremendous news for the local area…It will send out a positive message about the Rhymney Valley and the future of solar power.”
2MWp plant in New Caledonia for local beverage company Froico SA
David McCallum, MD Conergy Australia: “The “Heart of New Caledonia” is a giant heart-shaped message to the world that it’s time to start loving solar.”
Milton Keynes, 30 October 2014 – Conergy, one of the world’s largest downstream solar companies, announced today that it had connected a 37MWp solar power plant to the grid, for RWE Supply & Trading, the energy trading house of European utility RWE Group.
United Kingdom, November 2014 – Conergy, one of the world’s largest solar downstream companies, has won the EPC Excellence category at the UK’s prestigious 2014 Solar Industry Awards.
The award will be presented at a ceremony today at the BRE Innovation Park just outside of London. Nominations were collected from across the British industry with a final selection by an expert panel composed of representatives of the National Solar Energy Centre, BRE, Supergen Solar Hub and CREST.
MIAMI/SINGAPORE, 24 November 2014 – Conergy, one of the largest downstream solar companies globally, announced today that it will build two new solar plants totalling 41MWp in the Philippines, where it is already the market leader for solar Engineering, Procurement and Construction (EPC). The new projects bring Conergy’s total contracted volume in the fast-growing Asian market to 73 MWp.
Miami, FL, March 3, 2015 – Following a year of rapid financial turnaround, Conergy announces the key executives who will be leading the Company. The team will consist of Andrew de Pass as Chief Executive Officer, Alexander Gorski as Chief Operating Officer, Marc Lohoff as Chief Sales Officer and Dr. Christina Welsch as Chief Financial Officer. A year and a half since Conergy AG filed for insolvency in Germany, this leadership team has led Conergy to achieve nearly half a billion in revenue and operating profitability.
Miami, FL, March 17, 2015 – Conergy, one of the world’s largest downstream solar companies, announces an equity investment by RWE Supply & Trading, the energy trading arm of the giant European utility. The investment comes as part of a larger equity funding round led by Kawa Capital Management and results in RWE owning a minority stake in Conergy. Kawa Capital Management, Inc., which acquired Conergy in 2013, maintains majority ownership in the Company. The additional capital will be used to support Conergy’s aggressive global growth plans.