Corporate | 23 May 2013 16:32
Capital Stage AG / Key word(s): Contract
23.05.2013 / 16:32
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Hamburg, 23 May 2013 - Capital Stage AG, Hamburg has acquired a 74.9% stake
in a 8 MW wind farm in the German federal state of Thuringia, extending its
IPP Portfolio (Independent Power Producer) to around 193 MW.
The wind farm has been in operation since December 2012. The stake was
acquired by Boreas Energie GmbH. Having constructed already more than 300
wind plants, Boreas Energie GmbH is a very experienced project developer.
Market leader Vestas supplied the generators of the wind farm. The closing
of contracts is yet subject to conditions precedent. A renowned German bank
provided the non-recourse financing. The farm will generate annual revenues
of more than 1.8 million Euros with a return on equity of an average of 15
per cent.
Felix Goedhart, CEO of Capital Stage AG: 'By acquiring the wind farm we
have taken one step further to enlarging and diversifying our portfolio. At
the same time we strengthened our business relationship with Boreas. We
decided to acquire an existing farm, that has been constructed by renowned
partners and where proven components have been used.'
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 193 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
Sebastian Bucher
Kirchhoff Consult AG
Tel.: +49 (0)40 6091 8618
Fax: +49 (0)40 6091 8660
Email: sebastian.bucher@kirchhoff.de
End of Corporate News
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Language: English
Company: Capital Stage AG
Große Elbstraße 45
22767 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 News DGAP News-Service
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