Corporate | 20 December 2013 11:40

Capital Stage AG takes over solar park in Italy from Martifer Solar

Capital Stage AG / Key word(s): Contract

20.12.2013 / 11:40

– All equity 4.5 MWp park with double-digit margin

– Service as from 2018 by Capital Stage Solar Service

Hamburg, 20 December 2013 – The Hamburg based solar and wind park operator Capital Stage again expands his portfolio further: With internationally operating photovoltaic specialist Martifer Solar, Portugal, the company has agreed on the acquisition of an existing solar park in Northern Italy. The park with a capacity of 4.5 MWp is already in operation since December 2012 and is located in the province Parma, which belongs to the region Emilia-Romagna. The duration of the corresponding land lease contract is 19 years plus an extension option for a further five years until 2037. Moreover, it has been agreed that the maintenance of the park will be undertaken from 2018 onwards by the Group’s own service company Capital Stage Solar Service GmbH.

By this all equity transaction, the solar portfolio in Italy grows by around 17 per cent to 31 MWp. Capital Stage’s total portfolio of solar and wind parks in Germany, Italy and France currently amounts to more than 241 MWp.

Felix Goedhart, CEO of Capital Stage AG, comments: ‘With a double-digit margin, this investment is a reasonable extension of our existing portfolio. Moreover, through the closeness to our existing parks in this region, we are able to arrange a very efficient service and maintenance.’

‘This agreement with Capital Stage is a good example of Martifer Solar’s ability to structure and execute complex projects for green investors who recognize the first-class reliability of our projects’ says Henrique Rodrigues, CEO of Martifer Solar.

About Capital Stage AG:
Since 2009, Capital Stage has acquired solar power plants and wind parks in Germany, France and Italy with a capacity totaling to around 241 MWp, making it Germany’s largest operator of solar parks. Its solar and wind parks generate attractive returns and continuous revenues, while offering a moderate level of investment risk.
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

ABOUT MARTIFER SOLAR:
Martifer Solar is present all over the world, focusing on Project Development, EPC, O&M and the distribution of PV modules and components, via its subsidiary MPrime.
The company is based in Portugal and has presence in Europe (Spain, Italy, Greece, Belgium, France, Czech Republic, Slovakia, United Kingdom, Germany, Romania and Ukraine), North and Latin America (United States, Canada, Mexico, Chile, Brazil and Ecuador), Africa (Cape Verde, Mozambique and South Africa) and Asia (India, United Arab Emirates, Singapore and Japan).
In 2012, Martifer Solar’s revenues reached 230.8 million euros and, to date, the company has implemented more than 480 MW of photovoltaic solar energy worldwide.
Martifer Solar is part of the Martifer Group, a multinational industrial group with around 3,000 employees focused on metallic constructions and solar energy. Martifer SGPS, SA is the holding company of the Group and has been listed on Euronext Lisbon since June 2007.

For further information about the company, please visit www.martifersolar.com

Contacts:

Thomas Schnorrenberg

Capital Stage AG
Tel.: + 49 (0)40 37 85 62-242
Fax: + 49 (0)40 37 85 62-129
E-Mail: thomas.schnorrenberg@capitalstage.com

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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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