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    DGAP-News  418  0 Kommentare CHORUS Clean Energy AG takes over the operational management of two wind parks belonging to Lloyd Fonds AG

    DGAP-News: CHORUS Clean Energy AG / Key word(s): Alliance
    CHORUS Clean Energy AG takes over the operational management of two wind
    parks belonging to Lloyd Fonds AG

    25.08.2016 / 08:34
    The issuer is solely responsible for the content of this announcement.

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    PRESS RELEASE

    CHORUS Clean Energy AG takes over the operational management of two wind
    parks belonging to Lloyd Fonds AG

    - Management takeover of two wind parks in Germany and Scotland

    - Total portfolio under management increases by around 25 megawatts to
    more than 510 megawatts

    Neubiberg/Munich, August 25, 2016 - CHORUS Clean Energy AG ("CHORUS"), the
    specialists in solar and wind park operation based in Neubiberg near
    Munich, has taken over the operational management of two wind parks in
    Germany and Scotland belonging to Hamburg-based Lloyd Fonds AG. This
    development extends the presence of CHORUS in Europe and increases the
    nominal capacity of the portfolio under management to approximately 513
    megawatts (MW) in total.

    The Breberen wind park is located in North Rhine-Westphalia, close to the
    border between Germany and the Netherlands. This park consists of nine
    reliable Vestas V80 wind turbines with a total output of 18 MW. In 2015,
    the wind park produced about 40 million kilowatt-hours (kWh) of
    electricity. This saves around 24,000 tons of harmful CO2 and is equivalent
    to the power needs of more than 14,000 households.

    The second wind park is located near the coast in Lairg in the Northwest
    Highlands of Scotland. It contains three Nordex N80/2500 turbines. The wind
    park has been connected to the grid since 2011. Nordex has produced over
    1,000 turbines of this type that have since gone live. In total, the park
    has a capacity of 7.5 MW.

    As part of its asset management activities, CHORUS has taken over the
    operational management of both parks. The wind turbines were financed
    through closed-end funds launched by Lloyd Fonds AG in 2005 and 2011.

    "We appreciate the trust placed in us by Lloyd Fonds AG in making this
    decision. It underscores the dynamic growth in our asset management
    division, where we offer institutional customers a wide range of services
    covering the entire value chain of renewable energy systems. The wind parks
    belonging to Lloyd Fonds AG and its investors are in the best hands with
    us," says Holger Götze, CEO of CHORUS Clean Energy AG.

    About CHORUS
    CHORUS Group was founded in 1998 and operates 93 solar and wind parks with
    a capacity of more than 510 megawatts in seven European countries. With a
    broadly diversified portfolio, the company generates stable, dependable,
    and sustainable returns. For professional investors, CHORUS offers
    investment opportunities in power plants that generate renewable energy.
    CHORUS Clean Energy AG covers the entire investment cycle - from asset
    sourcing via financial and legal due diligence to operational management
    and divestment.


    Contact:
    Stephan Castenholz (Investor Relations)
    CHORUS Clean Energy AG
    Tel.: +49-89-4423-0600
    Fax: +49-89-442-306-011
    E-mail: IR@chorus.de


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    25.08.2016 Dissemination of a Corporate News, transmitted by DGAP - a
    service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

    The DGAP Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Archive at www.dgap.de

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    Language: English
    Company: CHORUS Clean Energy AG
    Prof.-Messerschmitt-Straße 3
    85579 Neubiberg / Munich
    Germany
    Phone: +49 (0)89 442 30 60 - 0
    Fax: +49 (0)89 442 30 60 - 11
    E-mail: info@chorus.de
    Internet: www.chorus-gruppe.de
    ISIN: DE000A12UL56
    WKN: A12UL5
    Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
    Unofficial Market in Berlin, Dusseldorf, Munich,
    Stuttgart, Tradegate Exchange


    End of News DGAP News Service
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    495773 25.08.2016



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    DGAP-News CHORUS Clean Energy AG takes over the operational management of two wind parks belonging to Lloyd Fonds AG DGAP-News: CHORUS Clean Energy AG / Key word(s): Alliance CHORUS Clean Energy AG takes over the operational management of two wind parks belonging to Lloyd Fonds AG 25.08.2016 / 08:34 The issuer is solely responsible for the content of this …