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October 19, 2021Ad-hoc Announcements

Pacifico Renewables Yield AG enters into partnership with project developer ACE Power

Gruenwald (19/10/2021/04:53) – Today, Pacifico Renewables Yield AG (“Pacifico”, ISIN: DE000A2YN371, Düsseldorf Stock Exchange: PRY) signed a right of first offer agreement with ACE Power Development Pty Ltd and ACE Power Operations Pty Ltd (“ACE Power”), a renewable energy and battery storage project developer based in Australia. This partnership grants Pacifico priority access to ACE Power’s pipeline, mainly consisting of currently more than one GW of large solar and battery storage projects in Australia. Pacifico’s pipeline thus expands significantly from more than 2.1 GW to over 3.1 GW.


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This announcement may contain certain forward-looking statements, estimates, opinions, and forecasts concerning the future business situation, earnings situation, and results of Pacifico Renewables Yield AG (“forward-looking statements”). Forward-looking statements can be identified by words such as “believe”, “estimate”, “anticipate”, “expect”, “intend”, “will”, or “should” and their negation and similar variations or comparable terminology. Forward-looking statements include all matters that are not historical facts. Forward-looking statements are based on the current opinions, forecasts and assumptions of the Management Board of Pacifico Renewables Yield AG and involve significant known and unknown risks and uncertainties, therefore actual results, performance and events may differ materially from those expressed or implied by forward-looking statements. Forward-looking statements contained herein should not be construed as guarantees of future performance or results and are not necessarily reliable indicators of whether or not such results will be achieved. The forward-looking statements contained in this release are only valid on the date of this publication. We will not update the information, forward-looking statements or conclusions contained in this release in light of subsequent events or circumstances, nor will we reflect subsequent events or circumstances or correct inaccuracies that arise after the date of this release as a result of new information, future developments or otherwise, and we do not assume any obligation to do so. We do not assume any responsibility whatsoever that the forward-looking statements or assumptions contained herein will occur.