Daldrup & Söhne AG
Daldrup & Söhne AG receives order for investigations within a research project
DGAP-News: Daldrup & Söhne AG
/ Key word(s): Incoming Orders
Daldrup & Söhne AG receives order for investigations within a research project – Order value in the upper single-digit million Euro range Oberhaching / Ascheberg, March 15, 2021 – Daldrup & Söhne AG (ISIN DE0007830572) has been commissioned by the Ruhr University Bochum within the scope of a research project to complete the 5,700 m long well of Enex Power Germany GmbH in Geretsried, Bavaria, and to conduct investigations on possibilities of further development therein. The project value is in the upper single-digit million Euro range. The project aims to demonstrate the improvement of the hydraulic connection to a fractured thermal water reservoir and its technical feasibility. Existing fractured rock systems already developed by Enex Power Germany GmbH are to be used like a “natural heat exchanger”. Work will start as early as the 2nd quarter of 2021. Board spokesman Andreas Tönies: “The network research project is a further step towards enabling the development of geothermal energy in regions that previously seemed unsuitable for hydrothermal development. The results will help to make more efficient use of the enormous potential of geothermal energy as a constant and base-load capable technology for electricity and heat production.” About Daldrup & Söhne AG The shares of Daldrup & Söhne AG are listed in the Scale (sub-segment of the Open Market of the Frankfurt Stock Exchange). This publication constitutes neither an offer to sell nor a solicitation of an offer to buy or subscribe for securities. This publication and the information contained herein are not for distribution, directly or indirectly, in or into the United States of America (“USA”), Canada, Australia or Japan. Presse- & Investor Relations Contact
15.03.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Daldrup & Söhne AG |
Bajuwarenring 17a | |
82041 Oberhaching | |
Germany | |
Phone: | +49 (0) 89 / 45 24 37 920 |
Fax: | – |
E-mail: | ir@daldrup.eu |
Internet: | www.daldrup.eu |
ISIN: | DE0007830572 |
WKN: | 783057 |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1175404 |
End of News | DGAP News Service |