Energiekontor AG Reports Share Buyback Activity and Windpark Sale
Energiekontor AG, the German electric‑equipment specialist listed on Xetra, has published a post‑admission duty announcement under Article 5(1b) and (3) of Regulation (EU) No. 596/2014 and Art. 2(2) and (3) of the Delegated Regulation (EU) No. 2016/1052. The notice, disseminated by EQS News, details the company’s purchase of 1,306 shares between 19 January 2026 and 23 January 2026 as part of a share‑buyback programme that was first announced on 3 July 2025 and launched on 7 July 2025. The buyback continues to underscore Energiekontor’s confidence in its valuation and its commitment to shareholder value creation.
Key Buyback Metrics
| Item | Detail |
|---|---|
| Shares repurchased | 1,306 |
| Period | 19–23 January 2026 |
| Programme | Share buyback announced 3 July 2025, commenced 7 July 2025 |
| Purpose | Strengthen capital base, signal positive outlook |
The company did not disclose the weighted average purchase price or the total cost in the interim report, but the transaction volume indicates a steady execution pace consistent with its long‑term buyback strategy.
Windpark Sale Fuels 2025 Earnings Forecast
On 26 January 2026, a press release from Boerse‑Express announced that Energiekontor completed the sale of two German windparks—Haberloh and Heidkrug—with a combined capacity of 93 MW—to the Austrian energy group illwerke vkw. This transaction represents the seventh successful project sale in 2025 and confirms the company’s 2025 earnings‑before‑tax (EBT) outlook of €30–40 million.
Highlights of the Deal
- Assets sold: 13 Vestas V162‑7.2 wind turbines across the two parks.
- Strategic partner: Continuation of a proven partnership with illwerke vkw.
- Revenue impact: The sale offsets earlier project‑delays reported in late 2025, realigning cash‑flow projections with the original plan.
- Share price reaction: Energiekontor shares broke the 100‑day moving average on 23 January at €36.88.
The transaction not only delivers immediate liquidity but also reinforces Energiekontor’s model of developing, operating, and divesting mature wind projects, thereby freeing capital for new developments.
Market Context and Forward View
With a market capitalization of €527 million and a price‑earnings ratio of 15.33, Energiekontor’s shares have traded within a 52‑week range of €31.25 to €60.90. The latest share price of €38.55 (as of 25 January 2026) sits comfortably above the 100‑day moving average, signalling healthy momentum.
The company’s dual focus—operating eco‑friendly electricity generation assets while systematically returning capital to shareholders—positions it favorably in the evolving European renewable‑energy landscape. The recent windpark sale, coupled with a disciplined buyback programme, suggests a resilient earnings profile and a clear pathway to sustaining dividend growth.
Investors should note that Energiekontor continues to pursue new wind‑farm acquisitions and development projects across Germany and neighboring markets, maintaining a pipeline that supports its 2025 revenue targets while preserving capital for strategic reinvestment.
