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Regulatory Filings • Feb 10, 2010

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Media | 10 February 2010 13:00

COLEXON Energy AG: Successful at the Côte d’Azur

COLEXON Energy AG / Energy

10.02.2010 13:00

Dissemination of a Media Release, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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COLEXON sells 1 MWp to the investment fund company tnp

Hamburg, February 10, 2010. Again, the International focus of the COLEXON
Energy AG leads to a successful conclusion of a deal: Yesterday, one of the
leading project developer in the photovoltaics sector sold the PV power
plant Sainte-Maxime in France. The solar power plant has been designed and
realized by COLEXON engineers. The purchaser, tnp Mitteldeutsche Verwaltung
& Treuhand GmbH, had previously signed a framework agreement with COLEXON
on purchasing PV power plants with a capacity of up to 15 MWp until mid of
2011.

Already in 2009, the Hamburg COLEXON Energy AG strengthened its
International focus with the establishment of promising partnerships. In
the beginning of last year COLEXON signed a contract with tnp
Mitteldeutsche Verwaltung & Treunhand GmbH that provides a strong basis for
the international expansion of the company's project business in 2010/2011.
In line with this mutual agreement tnp purchased the plant Sainte-Maxime
near to the Côte from COLEXON.

Efficient selection of modules
The free field area in southern France amounts to 1.8 hectare. The
engineers used 5,600 crystalline modules from Moser Baer that suit very
well to the regional conditions - such as the intensity of the regional
irradiation - and therefore provide optimal yields. The power output is
expected to amount to approximately 1.4 million kWh per year. This
corresponds to annual CO2 savings of approximately 1,261 tons compared to a
coal fired power plant. With this reference, the COLEXON engineers
underlined their special expertise in the adaption of the project to the
local conditions in order to achieve an optimal energy yield.

Flexible business model
The realization of the plant in Sainte-Maxime emphasizes the
forward-looking alignment of COLEXON. Instead of exclusively relying on the
German market with the still effective subsidies of the EEG, COLEXON is
intensifying the International commitment, for instance in France, Czech
Republic, and Italy. With this scheme, the company directs its strategic
growth proactively to the expected change in the German photovoltaic
market. With the International diversification of its project portfolio
COLEXON aims to become less depended on regional changes of the economic-,
legal-, and political framework.

www.colexon.com

Contact:
COLEXON Energy AG
Kirsten Friedrich
Email: k.friedrich@colexon.de
Tel: +49 40 280031-0
Fax: +49 40 280031-101

10.02.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: COLEXON Energy AG
Große Elbstraße 45
22767 Hamburg
Deutschland
Internet: www.colexon.de

End of News DGAP-Media

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