DGAP-News 1082 0 Kommentare Phoenix Solar AG sells European O&M business - Seite 2

customers will continue to receive the best possible support. We will be
able to use the proceeds from the sale to reduce our debt and strengthen
our core business."

"Operation and maintenance services for PV power plants are an important
driver of our growth strategy in the service business. After successfully
establishing this business field last year in North America with 200 MW, we
are now looking to develop the high-volume European market for SMA through
the acquisition of the O&M business from Phoenix Solar. We will continue to
expand our O&M services in Europe and North America and thus benefit from
our outstanding expertise and installed basis," explained SMA Chief
Executive Officer Pierre-Pascal Urbon.

About Phoenix Solar AG
Phoenix Solar AG, which is based at Sulzemoos, near Munich, Germany, is an
internationally operating photovoltaic system integrator. The Group
develops, plans, constructs and assumes operational management of large
photovoltaic power plants, and is a specialist wholesaler for complete
solar electricity systems, solar modules and related equipment. With its
subsidiaries on three continents, the company has sold solar modules with
an output of well over one gigawatt worldwide since it was founded. The
shares of Phoenix Solar AG (ISIN DE000A0BVU93) are listed on the Regulated
Market (Prime Standard) of the Frankfurt Stock Exchange.
www.phoenixsolar-group.com

About SMA
The SMA Group generated sales of more than EUR930 million in 2013 and is
the global market leader for solar inverters, a key component of all PV
plants. SMA offers innovative key technologies for future power supply
structures. It is headquartered in Niestetal, near Kassel, Germany, and is
represented in 21 countries. The Group employs more than 5,000 people
worldwide. SMA's broad product portfolio includes a compatible inverter for
every type of module on the market and for all plant sizes. The product
range includes both inverters for grid-connected photovoltaic plants as
well as off-grid and hybrid system technology. The product portfolio is
supplemented by comprehensive services and operational management of
utility-scale pv-plants. Since 2008, the Group's parent company, SMA Solar
Technology AG, has been listed on the Prime Standard of the Frankfurt Stock
Exchange (S92) and also in the TecDAX index.

Contact:
Phoenix Solar AG
Dr. Joachim Fleing
Investor Relations Representative
Tel.: +49 (0)8135 938-315
Fax: +49 (0)8135 938-399
j.fleing@phoenixsolar.de
www.phoenixsolar-group.com

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06.08.2014 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.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Phoenix Solar Aktiengesellschaft
Hirschbergstraße 4
85254 Sulzemoos
Germany
Phone: +49 (0)8135-938-000
Fax: +49 (0)8135-938-099
E-mail: kontakt@phoenixsolar.de
Internet: www.phoenixsolar-group.de
ISIN: DE000A0BVU93
WKN: A0BVU9
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München (m:access), Stuttgart

End of News DGAP News-Service
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