お知らせ • Aug 14
Encavis AG (HMSE:ECV) agreed to acquire Portfolio of solar energy projects in Italy of EDP Renewable from EDP Renováveis, S.A. (ENXTLS:EDPR) for €250 million. Encavis AG (HMSE:ECV) agreed to acquire Portfolio of solar energy projects in Italy of EDP Renewable from EDP Renováveis, S.A. (ENXTLS:EDPR) for €250 million on August 13, 2025. A cash consideration of €250 million will be paid by Encavis AG. As part of consideration, €250 million is paid towards assets of Portfolio of solar energy projects in Italy of EDP Renewable. The deal is expected to complete in the course of 2025. お知らせ • Jun 09
Encavis AG, Annual General Meeting, Jul 16, 2025 Encavis AG, Annual General Meeting, Jul 16, 2025, at 11:00 W. Europe Standard Time. お知らせ • Jun 04
Viessmann Generations Group GmbH & Co. KG and Kohlberg Kravis Roberts & Co. L.P. agreed to acquire remaining 5.85% stake in Encavis AG (HMSE:ECV) from remaining minority shareholders for approximately €160 million. Viessmann Generations Group GmbH & Co. KG and Kohlberg Kravis Roberts & Co. L.P. agreed to acquire remaining 5.85% stake in Encavis AG (HMSE:ECV) from remaining minority shareholders for approximately €160 million on June 2, 2025. A cash consideration valued at €17.23 per share will be paid by Viessmann Generations Group GmbH & Co. KG and Kohlberg Kravis Roberts & Co. L.P. In this context, Elbe BidCo informed the Management Board of the Company that it holds approximately 94.15% of the Company’s share capital, therefore qualifies as principal shareholder of the Company and has set the appropriate cash settlement for the transfer of the shares of the Company’s minority shareholders at €17.23 per bearer share of the Company. The court-appointed expert auditor for the audit of the appropriateness of the cash settlement confirmed the appropriateness of the cash settlement determined by Elbe BidCo. The conclusion and notarization of a merger agreement between the Company and Elbe BidCo are expected to take place shortly, likely on 3 June 2025. The merger agreement will contain the provision that, in connection with the merger, the minority shareholders of the Company are to be excluded from the Company. The transfer of the shares of the minority shareholders of the Company to Elbe BidCo in exchange for an appropriate cash settlement is to be resolved at the Company’s Annual General Meeting, which is expected to take place on 16 July 2025.
PJT Partners is acting as financial advisor on the Delisting Offer. お知らせ • May 14
Encavis AG (HMSE:ECV) acquired 5.6 MW Enercon E-160 Wind Turbine in Bad Gandersheim of Energiequelle GmbH. Encavis AG (HMSE:ECV) acquired 5.6 MW Enercon E-160 Wind Turbine in Bad Gandersheim of Energiequelle GmbH on May 13, 2025. The acquisition elevates Encavis AG’s total wind energy generation capacity on the grid in Germany to approximately 322 MW.
Encavis AG (HMSE:ECV) completed the acquisition of 5.6 MW Enercon E-160 Wind Turbine in Bad Gandersheim of Energiequelle GmbH on May 13, 2025. New Risk • Apr 30
New major risk - Revenue and earnings growth Earnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.7x net interest cover). Earnings have declined by 13% per year over the past 5 years. Reported Earnings • Apr 30
Full year 2024 earnings released: €1.08 loss per share (vs €0.33 profit in FY 2023) Full year 2024 results: €1.08 loss per share (down from €0.33 profit in FY 2023). Revenue: €456.5m (down 8.2% from FY 2023). Net loss: €173.2m (down 425% from profit in FY 2023). お知らせ • Mar 08
Encavis Ag Announces Stepping Down of Christoph Husmann as Chief Financial Officer The Supervisory Board of Encavis AG announced a planned leadership transition as part of the company’s ongoing efforts to position Encavis for its next phase of growth Dr. Christoph Husmann, who has served as Spokesman of the Management Board and Chief Financial Officer since 2014, will step down from both roles following the company’s Annual General Meeting in June 2025 and the completion of the squeeze-out process. Dr. Husmann will continue to support the company during this transition, overseeing the squeeze out process and integration into Encavis’ new structure to ensure continuity and stability. In conjunction with this transition, the Supervisory Board has also initiated a search process for a new Chief Financial Officer to further strengthen the leadership team as Encavis embarks on this next phase.