EQS-Adhoc: Burgenland Holding AG: Burgenland Energie AG and the state of Burgenland agree on the state’s entry into a subsidiary of Burgenland Energie AG to further expand renewable energies

EQS-Ad-hoc: Burgenland Holding AG / Key word(s): Joint venture Burgenland Holding AG: Burgenland Energie AG and the state of Burgenland agree on the state’s entry into a subsidiary of Burgenland Energie AG for the further expansion of renewable energies June 20, 2024 / 11 :43 CET/CEST Publication of inside information in accordance with Article 17 of Regulation (EU) No. 596/2014, transmitted by EQS News – a service of EQS Group AG. The issuer/publisher is responsible for the content of the message. ════════════════════════════════════════ ══════════ ════════════════════════ Burgenland Holding Aktiengesellschaft was acquired today by Burgenland Energie AG, in which Burgenland Holding Aktiengesellschaft has a stake of 49%. is informed that Burgenland Energie AG and the State of Burgenland have agreed that the State of Burgenland will become the majority investor in an indirect subsidiary of Burgenland Energie AG (the “joint venture”) and will thus provide the joint venture with equity and equity-like instruments will provide. As part of the joint venture, up to EUR 500 million in debt capital will be raised in a first round of financing from well-known Austrian and European financial institutions as well as the European Investment Bank. The negotiations on this external financing are well advanced. The funds raised are intended to further expand renewable energy (wind and photovoltaics) in Burgenland. In the first expansion stage, generation projects in the areas of wind power and photovoltaics are to be carried out with an investment volume of . Around EUR 650 million and an output of over 700 MW will be built in Burgenland. Further future expansion stages are planned, which will enable the realization of projects totaling up to 2,000 MW. The completion of the entire transaction is still subject to the successful completion of the planned debt financing and is expected in the third quarter of 2024. Contact: Burgenland Holding AG Member of the Board of Directors Dr. Klaus Kohlhuber Technology Center Marktstraße 3 7000 Eisenstadt Telephone: +43 2236 200-12398 Email: klaus.kohlhuber@evn.at End of insider information ════════════════════════════════════ ════════ ══════════════════════════════ June 20, 2024 CET/CEST notification transmitted by EQS Group AG.
www.eqs.com

════════════════════════════════════════ ══════════ ════════════════════════ Language: German Company: Burgenland Holding AG Marktstraße 3 7000 Eisenstadt Austria Telephone: +43 2236 200 24186 Fax: +43 236 200 84703 Email: info@buho.at
Internet: www.buho.at
ISIN: AT0000640552 WKN: 879095 Stock exchanges: open market in Berlin, Stuttgart; Vienna Stock Exchange (official trading) EQS News ID: 1929865 End of announcement EQS News Service 1929865 June 20, 2024 CET/CEST

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