Corporate | 13 December 2013 14:27
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Capital Stage AG / Key word(s): Contract
– Expansion of installed capacity in Italy by 24 per cent – Equity based transaction with double digit return – Service undertaken by Capital Stage Solar Service Hamburg, 13 December 2013 – By acquiring a total of four solar parks, Capital Stage AG, Hamburg, has expanded its installed capacity in the Italian market by a further 5 MWp or 24 per cent to more than 26 MWp. Contracting partner is Interenergia Spa. It was agreed to keep the purchase price confidential. The parks located in the sunshine-rich regions Marche and southerly adjoining Abruzzo have already been put into operation in 2011. In the context of the transaction it has been agreed, that Capital Stage Solar Service GmbH (Halle) will undertake the technical service and commercial management in future, raising its volume under management to 160 MWp. Felix Goedhart, CEO of Capital Stage AG: ‘In the context of the capital increase, that has recently been completed successfully, we have already hold out the prospect of using the proceeds promptly for attractive investment opportunities. The location of these parks in Mid-Italy offers optimal climatic conditions for photovoltaic projects. This enables us to generate double-digit returns even on the basis of an all equity financing. With the remaining proceeds we are well prepared for further investments.’
About Capital Stage AG:
Capital Stage AG is listed in the regulated market (Prime Standard) of the Frankfurt Stock Exchange an in the regulated market of the Hanseatic Stock Exchange Hamburg (ISIN: DE0006095003 / WKN: 609500). For further information about the company, please visit www.capitalstage.com For further information: Thomas Schnorrenberg
Capital Stage AG
Sebastian Bucher
Kirchhoff Consult AG
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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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