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CARPEVIGO Holding AG with positive first full fiscal year

DGAP-News: CARPEVIGO Holding AG / Key word(s): Final Results
CARPEVIGO Holding AG with positive first full fiscal year

11.02.2013 / 11:00

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Acquisition of photovoltaic plants planned for 2013

AGM resolves alignment of fiscal year with calendar year

Holzkirchen, 11.02.2013 - CARPEVIGO Holding AG, a developer and operator of
facilities and power plants for solar power generation, has completed its
first full year of business. The parent company of the CARPEVIGO Group
founded in 2006 achieved an annual net profit of EUR 72,462 as at 30th
September 2012. The total assets amounted to EUR 20.3 million with an
equity ratio of 28 percent.

Following the establishment of CARPEVIGO Holding AG in May 2011 and an
initial abbreviated fiscal year running up to 30.09.2011, the holding
company of the CARPEVIGO Group has now concluded its first full financial
year. This was dominated above all by capital-raising measures. ´With the
stock exchange listing in February and the issue of the Energy Bond in
July, we have an eventful capital market year behind us at the holding
level, ´ reports Jens F. Neureuther, CEO of CARPEVIGO Holding AG. ´In the
short term our priority now lies on the acquisition of existing
photovoltaic power plants. In the long term we want to push ahead our
international project development alongside electricity production, ´ as
Neureuther explains the further goals of the CARPEVIGO Group. Already
today, CARPEVIGO is particularly active and successful in the USA through
its shareholding in EarthShift Energy, LLC.

Through a resolution adopted by the Annual General Meeting on 22nd August
2012, CARPEVIGO Holding AG introduced a further short fiscal year running
from 1st October to 31st December 2012 so as to be able to align its
financial year with the calendar year from 2013 onwards. As a result, both
CARPEVIGO Holding AG and the operating company CARPEVIGO AG will be
presenting their annual accounts on the reporting date 31.12. in future
starting on 31st December 2013.

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About CARPEVIGO:
CARPEVIGO Holding AG (ISIN: DE000A1MBGZ3) based in Holzkirchen, Germany is
the parent company of the CARPEVIGO Group founded in 2006. The company
plans, builds, operates and maintains power plants for photovoltaic power
generation. The spectrum of services extends from site development and
project planning over purchasing and construction to the ongoing commercial
and technical operations management. CARPEVIGO primarily sees itself as an
electricity producer. The company generates electricity through its own
power plants and sells this to energy suppliers and grid operators. More
than 60 percent of its turnover is achieved outside Germany.

Further information:
CARPEVIGO Holding AG
Ms. Susanne Kattwinkel
Marktplatz 20
DE-83607 Holzkirchen
Tel. [phone]
Fax [phone]
[e-mail]
www.carpevigo.de

Press inquiries:
biallas communication & consulting gmbh
Mr. Marc Siedler
Goseriede 4
DE-30159 Hannover
Tel. [phone]
Fax [phone]
[e-mail]
www.biallas-cc.de

End of Corporate News

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