DGAP-News: ENCAVIS AG reorganizes management for the European energy transition | News

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ENCAVIS AG reorganizes the management board for energy transition in Europe

04/07/2022 / 17:43
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ENCAVIS is reorganizing the board of directors for the European energy transition

Hamburg, July 4, 2022 The Supervisory Board of Encavis AG (ISIN: DE0006095003, Prime Standard, ticker symbol: ECV), which is listed on MDAX Deutsche Börse AG, a Hamburg-based wind and solar farm operator, has chosen the following course for the regrouping of the management team of Encavis AG at today’s meeting:

Former Head of Operations and IT (COO), Mr. Mario Schirru (41), will be appointed to the Board of Encavis AG on August 1, 2022. Mr. Schirru is a proven expert in the renewable energy sector and has been with the Encavis Group for over eight years. As a former investment director, the Italian-born engineer acquired at an early stage the skills necessary to meet the coming challenges of the European energy transition and its exponential growth.

I am very glad that in the person of Mr. Schirru, the company has appointed a member of the Management Board from its own ranks, who knows the dynamics of rapidly developing markets for new wind and solar projects from his own experience. Dr. Dierk Paskert, CEO of Encavis AG, appointing a COO to the Management Board, which at the same time also deals with difficult issues related to digitization renewable energy market and energy storage in a targeted manner.

As part of the reorganization of the Encavis AG board of directors, the CEO of Encavis AG, Dr. Dierk Paskert (61) will resign on December 31, 2022 and will leave the group earlier by mutual consent.

Dr. Paskert was instrumental in transforming the Encavis Group from a financial investor into a modern and sustainable green energy company. We would like to thank you for this successful transformation, and in particular for the positive transition to the new team of the Management Board – emphasized Dr. Manfred Krüper, Chairman of the Supervisory Board of Encavis AG, current mileage.

Board Member and Chief Financial Officer (CFO) of Encavis AG, Dr. Christoph Husmann (57), who for eight years was largely responsible for the strategic development of the company, will become the spokesperson of the Management Board as of January 1, 2023 and will ensure the continuity of the basic business orientation. Regardless of the personnel changes, all members of the Management Board confirm adherence to the strategy >> Fast Forward 2025, the goals of which in some areas may be achieved earlier than originally planned – states Dr. Husmann focuses the Encavis Group on medium-term goals.

ABOUT ENCAVIS:

Encavis AG (Prime Standard; ISIN: DE0006095003; ticker symbol: ECV) is a producer of renewable electricity that is listed on the MDAX Deutsche Börse AG. As one of the leading Independent Power Producers (IPP), ENCAVIS acquires and operates photovoltaic parks and (onshore) wind farms in eleven European countries. Sustainable power generation systems generate stable yields through feed-in tariffs (FITs) or long-term energy purchase agreements (PPAs). The total generation capacity of the Encavis Group is now around 3.2 gigawatts (GW), saving around 1.4 million tonnes of CO2 per year. Within the Encavis Group, Encavis Asset Management AG specializes in the area of ​​institutional investors.

ENCAVIS is a signatory to the UN Global Compact and the UN PRI network. ENCAVIS AG’s environmental, social and governance performance has been recognized by two of the world’s leading ESG research and rating agencies. MSCI ESG Ratings rates the sustainability performance as “A”, the world-famous ISS ESG gives ENCAVIS the “Prime” status.

More information about the company can be found at www.encavis.com

Contact:
ENCAVIS AG
George Peters
Head of Corporate Communications and IR
Telephone: + 49 (0) 40 37 85 62 242
E-mail: joerg.peters@encavis.com
http://www.encavis.com

04/07/2022 Publication of Corporate News / Financial News broadcast by DGAP – EQS Group AG website.
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