Energiekontor AG, a leading German project developer and operator of wind and solar parks, held its Annual General Meeting on May 27, 2026, as an in-person event in Ritterhude near Bremen. Shareholders representing approximately 60 percent of the registered share capital approved all agenda items by a large majority, including the discharge of management and supervisory board members, appointment of auditors, approval of supervisory board remuneration, and the remuneration report for 2025.
A key highlight was the approval of a dividend of €1.00 per eligible share, double the previous year's payout. This reflects the company's successful close of the 2025 financial year, achieving the upper end of its adjusted earnings forecast despite a challenging market environment. Sales and earnings increased year-over-year, and the dividend represents approximately 35 percent of Energiekontor AG's balance sheet profit.
CEO Peter Szabo reported that operational performance in the current financial year is proceeding according to plan. The company has 22 wind and solar park projects under construction with a combined capacity of around 650 megawatts, including nine projects totaling more than 230 megawatts for its proprietary portfolio. Additional financial closings are expected throughout the year, supporting the expansion and technological rejuvenation of the company's park portfolio.
Energiekontor recently concluded commercially attractive power purchase agreements (PPAs) for 17 German post-EEG wind parks with a total capacity exceeding 100 megawatts for 2026 and 2027. The company is also advancing the expansion and modernisation of its portfolio through new parks, repowering projects, and increased use of smart technologies.
Despite ongoing regulatory and economic challenges in core markets, Szabo emphasized the company's robust performance and improved visibility for project implementation as regulatory requirements become clearer. The project pipeline expanded to over twelve gigawatts, including US project rights (solar), with a significant increase in advanced projects having building permits or financial closings.
For the 2026 financial year, Energiekontor reaffirms its expectation of Group EBT in the range of €40 to 60 million. The company believes it is well-positioned to achieve the objectives of its 2023-2028 growth strategy in the medium term. Further details, including voting results, are available on the company's website at https://www.energiekontor.de/en/investor-relations/annual-general-meeting.
