PresseBox
Press release BoxID: 455495 (solarhybrid AG)
  • solarhybrid AG
  • An der Schachtbahn 18
  • 04420 Markranstädt
  • http://www.solarhybrid.ag
  • Contact person
  • Albert Klein
  • +49 (2961) 96646-0

solarhybrid AG obtains a credit rating of BBB+ from Creditreform Rating AG

(PresseBox) (Markranstädt, ) solarhybrid AG (ISIN: DE000A0LR456) the specialist provider of large scale photovoltaic power plants has obtained a credit rating of BBB+ from Creditreform Rating AG.

During a strict rating process lasting several weeks, the company furnished information on its business model, its markets, its trading and its finances. Covered by the audit were in particular the company's project and risk management capabilities, as well as its financial controlling systems.

Albert Klein, CFO of solarhybrid: 'solarhybrid AG is profitable, has lean and flexible structures, low fixed costs and no inventory risks. The positive rating is a mark of distinction for our young company. It underlines the sustainability of our strong growth and our ability to handle ever larger projects.'

solarhybrid AG

solarhybrid AG is project developer and general contractor for turn-key photovoltaic power projects at utility scale. The company offers the following services:

- Project development and co-development
- Financing and structuring
- Sale to investors
- Engineering, procurement, and construction services (EPC contracting)
- Operation and Maintenance (O&M)

Project financing, structuring and marketing are all carried out by solarhybrid capital management GmbH, a wholly owned subsidiary of solarhybrid AG. A list of references with a total capacity of 267 megawatts (both completed and commissioned projects) is proof of the company's expertise in technical, organisational and financial project management. Contracts for a further 123 megawatts are set to be awarded in the near future. The project pipeline, totals approximately 350 megawatts in Europe and 2,25 gigawatts in USA. The company is run from its locations in Hamburg, Frankfurt and Brilon. In addition to these, there are also local companies in Italy, the Middle East and the USA.

Company shares are traded on the open market of the Frankfurt Stock Exchange.