Pacifico Renewables Yield AG: Pacifico Renewables Yield AG makes preparations for a capital increase

Gruenwald (8.11.2021/07:35) - Pacifico Renewables Yield AG ("Company", ISIN: DE000A2YN371, Dusseldorf Stock Exchange: PRY) is currently preparing for a capital increase of up to 10% without subscription rights and additionally, subject to very strong investor demand, a potential rights offering on the basis of a securities information document (Wertpapierinformationsblatt) from the Company's authorized capital 2021. The Company is being advised by a consortium of banks to arrange and conduct meetings with potential investors in the days ahead. The majority shareholder of the company, Pelion Green Future Alpha GmbH, intends to support the envisaged capital increase with a substantial amount. Subject to market conditions, the Company is considering raising capital to finance the purchase price for the previously announced acquisition of three Polish wind parks with a total capacity of 51.8 MW, to finance further opportunistic acquisitions and to partly refinance the Company's existing revolving credit facility. The management board and supervisory board have not yet made a decision on the size, structuring and timing of a potential capital increase.
 

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