Capital Stage AG
Capital Stage acquires 12 MW wind park in Thuringia and expands portfolio to 300 MWp
(DGAP-Media / 16.04.2014 / 14:54)
Hamburg, 16 April 2014 - Hamburg based solar and wind park operator Capital
Stage has acquired a 51 per cent stake in the wind park Kirchheilingen in
Thuringia, Germany. A corresponding purchase agreement, which is yet
subject to conditions precedent, has been signed today. BOREAS Energie GmbH
from Dresden is the vendor, which will continue to hold 49% of the project
company.
The wind park is located in Kirchheilingen, around 40 km north of Erfurt,
has a total capacity of 12 MW and is expected to be completed in December
2014. All permissions and land plot rights have already been received. Five
wind energy plants of the type Nordex N117 with a hub height of 141 meters
and a nominal capacity of 2.4 MW each are being employed. With a rotor
length of 58 meters each, this series is ideally suitable for the
application at inland locations.
Felix Goedhart, CEO of Capital Stage AG, comments: "By this transaction, we
have expanded our portfolio by more than 50 per cent or around 100 MWp
respectively in only five months. Thus we have again proven to be able to
find attractive and very profitable investment properties in the wind and
solar sector even in times of changing market environment and declining
feed-in-tariffs."
After the closing of the transaction, the total portfolio of solar and wind
parks of Capital Stage AG contains plants with a capacity of around 300
MWp.
About Capital Stage AG:
Since 2009, Capital Stage has acquired solar power plants and wind parks in
Germany, France and Italy with a capacity totalling to around 300 MWp,
making it Germany's largest operator of solar parks. Its solar and wind
parks generate attractive returns and continuous revenues, while offering a
moderate level of investment risk.
Capital Stage AG is listed in the regulated market (Prime Standard) of the
Frankfurt Stock Exchange an in the regulated market of the Hanseatic Stock
Exchange Hamburg (ISIN: DE0006095003 / WKN: 609500). The shares of Capital
Stage AG have been included in the Deutsche Börse selective index SDAX in
March 2014.
For further information about the company, please visit
www.capitalstage.com
Contacts:
Thomas Schnorrenberg
Capital Stage AG
Tel.: + 49 (0)40 37 85 62-242
Fax: + 49 (0)40 37 85 62-129
E-Mail: thomas.schnorrenberg@capitalstage.com
Sebastian Bucher
Kirchhoff Consult AG
Tel.: + 49 (0)40 60 91 86-18
Fax: + 49 (0)40 60 91 86-60
E-Mail: sebastian.bucher@kirchhoff.de
End of Media Release
---------------------------------------------------------------------
Issuer: Capital Stage AG
Key word(s): Energy
16.04.2014 Dissemination of a Press Release, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Capital Stage AG
Große Elbstraße 45
22767 Hamburg
Germany
Phone: +49 4037 85 62 -0
Fax: +49 4037 85 62 -129
E-mail: info@capitalstage.com
Internet: www.capitalstage.com
ISIN: DE0006095003
WKN: 609500
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hamburg;
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP-Media
---------------------------------------------------------------------
263590 16.04.2014
have expanded our portfolio by more than 50 per cent or around 100 MWp
respectively in only five months. Thus we have again proven to be able to
find attractive and very profitable investment properties in the wind and
solar sector even in times of changing market environment and declining
feed-in-tariffs."
After the closing of the transaction, the total portfolio of solar and wind
parks of Capital Stage AG contains plants with a capacity of around 300
MWp.
About Capital Stage AG:
Since 2009, Capital Stage has acquired solar power plants and wind parks in
Germany, France and Italy with a capacity totalling to around 300 MWp,
making it Germany's largest operator of solar parks. Its solar and wind
parks generate attractive returns and continuous revenues, while offering a
moderate level of investment risk.
Capital Stage AG is listed in the regulated market (Prime Standard) of the
Frankfurt Stock Exchange an in the regulated market of the Hanseatic Stock
Exchange Hamburg (ISIN: DE0006095003 / WKN: 609500). The shares of Capital
Stage AG have been included in the Deutsche Börse selective index SDAX in
March 2014.
For further information about the company, please visit
www.capitalstage.com
Contacts:
Thomas Schnorrenberg
Capital Stage AG
Tel.: + 49 (0)40 37 85 62-242
Fax: + 49 (0)40 37 85 62-129
E-Mail: thomas.schnorrenberg@capitalstage.com
Sebastian Bucher
Kirchhoff Consult AG
Tel.: + 49 (0)40 60 91 86-18
Fax: + 49 (0)40 60 91 86-60
E-Mail: sebastian.bucher@kirchhoff.de
End of Media Release
---------------------------------------------------------------------
Issuer: Capital Stage AG
Key word(s): Energy
16.04.2014 Dissemination of a Press Release, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Capital Stage AG
Große Elbstraße 45
22767 Hamburg
Germany
Phone: +49 4037 85 62 -0
Fax: +49 4037 85 62 -129
E-mail: info@capitalstage.com
Internet: www.capitalstage.com
ISIN: DE0006095003
WKN: 609500
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hamburg;
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP-Media
---------------------------------------------------------------------
263590 16.04.2014
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