Ad-hoc | 9 April 2013 17:30
Capital Stage AG / Key word(s): Contract
09.04.2013 17:30
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Hamburg 09, April 2013 - Capital Stage AG, Hamburg (ISIN: DE0006095003 / /
WKN 609500) has acquired a 9 MWp solar park in Mecklenburg-Vorpommern and
thus expands its IPP portfolio to almost 185 MWp. The parties have agreed
not to disclose the purchase price.
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Information and Explaination of the Issuer to this News:
The park has recently be installed and commissioned under the EEG. The park
has been built on a 25 ha open space in Mecklenburg-Vorpommern by an
experienced general contractor. Inverters and polycrystalline modules of
first-class manufacturers were used. The non-recourse financing was
provided by a renowned German bank. The park will generate annual revenues
over EUR 1 million and generate a return on equity of around 15% on
average. The operation & management of the park is taken over by Capital
Stage Solar Service GmbH. The closing of the transaction is subject to
conditions precedent.
Felix Goedhart, CEO of Capital Stage AG: 'The park is a very good addition
to our German PV portfolio. The park also proves that new solar parks in
Germany, with a significantly lower FIT of EUR 11.3 / kWh, are still
attractive to investors. '
About Capital Stage AG:
Since 2009, Capital Stage has acquired solar power plants and wind farms in
Germany and Northern Italy with a capacity totalling 185 MW, making it
Germany's biggest operator of solar farms. Its solar and wind farms
generate attractive returns and recurring income, while offering a moderate
level of investment risk.
Capital Stage AG is listed in the Prime Standard segment at the Frankfurt
Stock Exchange (ISIN: DE0006095003 / WKN: 609500).
For more information about the company, please visit www.capitalstage.com
For more information:
Karen Westphal
Capital Stage AG
Tel.: + 49 (0)40 378 562 235
Fax: + 49 (0)40 378 562 129
Email: karen.westphal@capitalstage.com
Kay Baden
Kirchhoff Consult AG
Tel.: +49 (0)40 6091 860
Fax: +49 (0)40 6091 8616
Email: baden@kirchhoff.de
09.04.2013 DGAP's 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: Capital Stage AG
Brodschrangen 4
20457 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
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hamburg;
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of Announcement DGAP News-Service
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