- Sustainability rating “rfu qualified”
- Compared to listed Austrian companies and the members of the VÖNIX index significantly above average
- Compared to the international industry segment clearly above the medium level of sustainability
- Rating outlook stable
Since its foundation, PV-Invest stands for sustainable and profitable investments in photovoltaics and small hydropower plants. An essential part of the corporate philosophy is aimed at combating climate change and its consequences. In September 2019, the company was rated for the first time by the Austrian rating agency rfu and achieved the status “rfu Qualified” with an excellent rating result of “ab”.
The full rating report can be found here. Excerpts from the report:
“In terms of sustainability, PV-Invest has a distinctly above-average position as compared to the listed Austrian companies as well as to the members of the VÖNIX Index. As compared to the international sector (secondary energy), PV-Invest also is clearly above the mean sustainability level but does not reach the leading group – which is, in the present peer group, represented by the Portuguese energy supplier EDP RENOVAVEIS.”
“The next update of the analysis is not yet defined. The rating outlook basically is stable. Based on the current score of +3.3, PV-Invest reaches the status “qualified” in the rfu Sustainability Rating. If the recommendations are implemented, a noticeable rating improvement and positioning in the leading group can be expected.”
About the company
PV-Invest operates in the renewable energy sector and, with its subsidiaries, produces electricity from photovoltaic and small hydropower plants. The company currently has existing properties with around 30 MW in operation. On the other hand, the company plans and builds PV power plant projects in Europe and the MENA region. The balance sheet total as of December 31, 2018 was EUR 72.2 million. In the rfu sustainability rating, PV-Invest received the status “qualified” with an above-average rating (rating result: from).
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This document is neither a prospectus nor an offer of securities or an invitation to submit an offer nor a personal recommendation for securities of PV-Invest GmbH (the “Company”). An offer of securities from PV-Invest GmbH is made exclusively on the basis of a prospectus approved by the Luxembourg Financial Market Authority (Commission de Surveillance du Secteur Financier – “CSSF”) and submitted to the Federal Financial Supervisory Authority (“BaFin”) and the Austrian Financial Market Authority (“FMA “). The approved / notified securities prospectus was published by PV-Invest GmbH in accordance with the legal requirements on the company’s website at https://www.pv-invest.com/de/wertpapierprospekte/ and is available free of charge from PV-Invest GmbH, Lakeside B07, A-9020 Klagenfurt, Austria.