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    DGAP-Adhoc  387  0 Kommentare 3U HOLDING AG: Purchase agreement for a wind farm signed


    3U HOLDING AG / Key word(s): Investment

    24.10.2014 14:17

    Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
    by DGAP - a service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

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    * Investment volume: approximately EUR 12.2 million
    * Equity share: about 27%
    * Initial operation of the wind farm: October / November 2001; guaranteed
    feed-in tariffs according to the EEG until 2021
    * 15 wind turbines with 1.5 MW nominal capacity each

    3U HOLDING AG (ISIN DE0005167902) announces the purchase of an existing
    wind farm with 15 wind turbines and an installed capacity of 22.5 MW. Today
    3U ENERGY AG, a subsidiary of 3U HOLDING AG signed an agreement to acquire
    the shares of the wind farm Langendorf. The purchase price for the complete
    acquisition of the shares is approximately EUR 12.2 million, therefore
    approximately TEUR 542 / MW. The wind farm is expected to be leveraged to
    73%; which corresponds to a debt financing in the amount of EUR 9.0
    million. For this purpose there is an indicative offer of a renowned German
    bank. With this acquisition, 3U HOLDING AG reaches another important
    milestone of its strategic goal to expand in the area of Renewable Energy.

    The wind farm Langendorf in Saxony-Anhalt was built and put into operation
    in 2001 with a total of 15 wind turbines of the type Enron/GE 1.5sl with a
    nominal capacity of 1.5 MW each. The used wind turbine Enron/GE 1.5sl is a
    time-tested wind turbine. The operation of the wind farm is ensured by the
    continuation of service and maintenance contracts and an experienced
    company in the field of technical management. The location is conveniently
    located from wind yield point of view and offers good opportunities for a
    "repowering" of the wind turbines after the end of the technical lifetime.

    The execution of the purchase contract and the maturity of the purchase
    price are conditioned upon the occurrence of various terms. Associated with
    this are mutual rights of withdrawal.




    Contact:
    Peter Alex
    Head of Investor Relations

    3U HOLDING AG
    Frauenbergstraße 31-33
    D-35039 Marburg
    Tel.: + 49 (0)6421 999-1200
    Fax: + 49 (0)6421 999-1222
    Email: IR@3U.net
    www.3u.net


    24.10.2014 The DGAP Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Media archive at www.dgap-medientreff.de and www.dgap.de

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    Language: English
    Company: 3U HOLDING AG
    Frauenbergstraße 31-33
    35039 Marburg
    Germany
    Phone: +49 (0)6421/999-1200
    Fax: +49 (0)6421/999-1222
    E-mail: IR@3U.net
    Internet: www.3u.net
    ISIN: DE0005167902
    WKN: 516790
    Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
    in Berlin, Düsseldorf, Hamburg, München, Stuttgart

    End of Announcement DGAP News-Service

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    DGAP-Adhoc 3U HOLDING AG: Purchase agreement for a wind farm signed 3U HOLDING AG / Key word(s): Investment 24.10.2014 14:17 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. …