23.03.2018
Daldrup & Söhne AG DE0007830572
DGAP-Adhoc: Daldrup & Söhne AG: Successful test operation and stable power production in Taufkirchen geothermal power plant
DGAP-Ad-hoc: Daldrup & Söhne AG / Key word(s): Miscellaneous
Daldrup & Söhne AG: Successful test operation and stable power production in
Taufkirchen geothermal power plant
23-March-2018 / 13:50 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Publication of insider information
pursuant to Article 17 MAR
Daldrup & Söhne AG: Successful test operation and stable power production in
Taufkirchen geothermal power plant
Grünwald / Ascheberg, 23 March 2018 - The geothermal power plant of
GeoEnergie Taufkirchen GmbH & Co. KG, a subsidiary of the drilling
technology and geothermal specialist Daldrup & Söhne AG (ISIN DE0007830572),
has started electricity production in Taufkirchen.
The first feed-in was preceded by successfully completed system tests of the
components of the power generation plant in recent days. This means that,
for the first time and in parallel to the district heating supplied to the
communities of Taufkirchen and Oberhaching, environmentally friendly
electricity generated at the power plant will now be fed into the public
grid.
With the weather-related decline in district heating production, the power
production of the plant is being ramped up further. A further heat exchanger
will be connected in the second half of 2018. Thus, from today's perspective
electricity production will then gradually switch to full load operation.
For the further planning of the 2018 financial year, the management board
assumes that corresponding feed-in revenues can be generated from power
generation.
About Daldrup & Söhne AG
Daldrup & Söhne AG (ISIN: DE0007830572, WKN: 783057) with a corporate
history spanning more than 70 years is a specialist provider of drilling and
environmental services and ranks as one of the leading companies in Germany.
Its activities are divided into the business divisions Geothermics, Raw
Materials & Exploration, Water Extraction as well as Environment,
Development & Services (EDS). The Geothermics business division provides
drilling services for near-surface geothermics (especially geothermal probes
of heat pumps), along with drilling services for deep geothermics up to 6000
m, in order to utilise the geothermal energy accessible in this way for
electricity and/or heat generation. In the Raw Materials and Exploration
business division, the bores made by Daldrup & Söhne AG serve for exploring
and developing fossil fuel deposits (especially coal and gas) as well as
mineral resources and ores (e.g. copper and gold). The Water Extraction
business division comprises well construction for the extraction of
drinking, service, curative, mineral, boiler-feed or cooling water as well
thermal brine. The Environment, Development & Services (EDS) business
division comprises special environmental engineering services such as the
hydraulic clean-up of contaminated sites, the drilling of gas extraction
wells for recovering waste dump gas, the provision of groundwater quality
measuring points or the installation of water purification plants.
The majority stake in Geysir Europe GmbH also gives the Daldrup Group its
own fields of experience in the exploration of geothermal energy in the
Bavarian Molasse Basin and in the Upper Rhine Plain. The existing project
management and power station expertise means that all stages of value
creation can be covered for a deep geothermics project.
The shares of Daldrup & Söhne AG are listed in the Scale (sub-segment in the
open market of the Frankfurt Stock Exchange).
Disclaimer
This publication represents neither an offer for sale nor a call to submit a
tender for the purchase or underwriting of securities. This publication and
the information it contains is not intended for direct or indirect
dissemination in or within the United States of America ("USA"), Canada,
Australia or Japan.
Contact:
Daldrup & Söhne AG
Falk v. Kriegsheim
Fon +49 (0)2593-9593-29
[email protected]
www.daldrup.eu
Bavariafilmplatz 7
82031 Grünwald/Geiselgasteig
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23-March-2018 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Daldrup & Söhne AG
Bavariafilmplatz 7 / Gb. 32
82031 Grünwald/Geiselgasteig
Germany
Phone: +49 (0) 89 / 45 24 37 920
Fax: -
E-mail: [email protected]
Internet: www.daldrup.eu
ISIN: DE0007830572
WKN: 783057
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange
End of Announcement DGAP News Service
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668123 23-March-2018 CET/CEST
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