Capital Stage AG, DE0006095003

Capital Stage AG, DE0006095003

23.10.2017 - 14:33:05

Capital Stage AG acquires additional wind turbine generators in Lower Saxony with a total generation capacity of 10 MW

Capital Stage AG acquires additional wind turbine generators in Lower Saxony with a total generation capacity of 10 MW Hamburg, 24 October 2017 - The SDAX-listed, Hamburg-based solar and wind park operator Capital Stage has acquired three additional wind turbine generators (WTGs) in Odisheim, in the Lower Saxon district of Cuxhaven. The three Senvion 3.4 M 114 turbines feature a hub height of 119 metres and a total generation capacity of approximately 10 megawatts (MW). They are scheduled to go into operation in December 2017 and will then benefit from a feed-in tariff of EUR-Cent 7.68 per kilowatt hour. The turbines were developed and sold by Bremen-based Energiekontor AG. The total investment volume for the wind parks, including project-related debt financing, amounts to approximately EUR 21.9 million. Capital Stage expects the installations to generate revenue of about two million euros from the first full year of operation onwards. A subsidiary of Energiekontor AG will be responsible for the commercial and technical management of the wind turbines. This latest acquisition increases the total capacity of the Capital Stage AG wind park portfolio to more than 560 MW. "With the turbines in Odisheim, we are delighted to have acquired our sixth project from Energiekontor. Thus, we successfully continue our close partnership. Just last year, we purchased a wind park in neighbouring Breitendeich with similar turbines - which have performed very strongly ever since", explains Dr Dierk Paskert, CEO of Capital Stage AG.   About Capital Stage AG: Capital Stage invests in and operates solar and wind parks in Europe and is one of the leading independent power producers (IPPs) in the fields of renewable energies. Including the solar and wind parks acquired and operated as part of the asset management business for third parties, the current portfolio consists of 162 solar and 53 windparks with a total installed base of more than 1.3 GW. With its solar and wind parks, the company generates attractive yields as well as continuous and predictable income.   The Capital Stage AG share is listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange and on the regulated market of the Hamburg Stock Exchange (ISIN: DE0006095003 / WKN: 609500). Since 2014, the Capital Stage AG share has been included in the SDAX index of Deutsche Börse.   You can find further information on the company at www.capitalstage.com. Contact: Till Giessmann Head of Investor & Public Relations Capital Stage AG Große Elbstraße 59 22767 Hamburg Fon: + 49 40 37 85 62-242 Fax: + 49 40 37 85 62-129 e-mail: till.giessmann@capitalstage.com http://www.capitalstage.com

23.10.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: Capital Stage AG Große Elbstraße 59 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 Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange   End of News DGAP News Service

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