DGAP-News

CHORUS Clean Energy AG prepares for IPO - Seite 2

institutional investors in the renewable energy sector," states Holger
Götze, CEO of CHORUS Clean Energy AG.

The shares will be offered publicly in Germany and Austria, as well as in
private placements in certain jurisdictions outside of Germany and Austria
and outside of the United States of America.

The founders and management intend to commit themselves to a lock-up period
of 18 months for their shares following the offering. In addition, the
Company will neither issue nor sell any shares for a period of six months
after the IPO.

Berenberg supports the planned transaction as Sole Global Coordinator and
will act together with BHF-BANK as Joint Bookrunner.

The business model combines reliable revenues from renewable energy plants
with a wide range of services for institutional investors

CHORUS is an independent operator of solar and wind parks, as well as a
full service provider for investments in renewable energy. In recent years,
the Company has realized investments in 67 solar and wind parks in Germany,
Italy, France, Austria and Finland with a total investment volume of
approximately EUR 673 million. CHORUS currently operates a diversified
portfolio of photovoltaic and wind power plants, with a total capacity of
over 250 megawatts. This portfolio generates stable and predictable
revenues that are independent of economic cycles, thus leading to
sustainable cash flows for CHORUS and its asset management clients.

Based on many years of experience, the Company has detailed market
knowledge and has built up a dense network of internationally operating
project developers, wind power and solar companies, banks, lawyers and tax
consultants, as well as engineering firms. This offers CHORUS ongoing
access to interesting investment opportunities. Institutional investors,
who rely on the extensive range of services offered by CHORUS, also benefit
from this.

If clients are already invested in own plants, they can transfer the
operations management of these to CHORUS. With the CHORUS Infrastructure
Fund S.A. SICAV-SIF, a regulated special fund under Luxembourg law,
professional investors can also participate in a diversified portfolio of
renewable energy plants. Alternatively, CHORUS is assembling, based on
individual requirements, customized target portfolios of renewable energy
plants under its 'Tailored Investment Solutions' service for its clients
and optimizes the required investment structure. The Company then takes