Capital Stage AG, DE0006095003

Capital Stage AG, DE0006095003

18.05.2017 - 09:38:02

Capital Stage AG acquires first wind park in Denmark

Capital Stage AG acquires first wind park in Denmark Hamburg, 18 May 2017 - The SDAX-listed Hamburg-based solar and wind park operator Capital Stage will acquire its first wind park in Denmark. The park has a total generation capacity of 15 megawatts (MW) and benefits from a government-guaranteed feed-in tariff for a fixed number of full load hours per MW. The takeover of the first two of five wind turbine generators (WTG) has already been contractually agreed today. The remaining three WTG will be taken over shortly. The WTG have already been taken into operation and were connected to the power grid in early 2016. The total investment including project-related debt financing will amount to approximately EUR 19 million. The wind park is located in a windy region close to the North Sea, about five kilometres northwest from Ringkøbing. It comprises a total of five V90 WTG built by Danish manufacturer Vestas, each with an output of approximately 3 MW. The wind park benefits from a government-guaranteed feed-in tariff of approximately EUR 33,5 Euro per megawatt hour which is granted for the first 22,000 full load hours per MW in Denmark. Capital Stage assumes that the wind park will generate revenue contributions in excess of more than EUR 2 million in the first full year of operation. Beneficial transfer of ownership is to take place with retroactive effect from 1 January 2017. "With Denmark, Capital Stage is already entering the third Nordic market after Sweden and Finland and thereby a particularly windy region with a long tradition in the sector of renewable energies," says Holger Götze, COO of Capital Stage AG. "Moreover, the number of markets in which we operate increases from seven to eight, which helps to further diversify our portfolio and places our growth on a broader basis," Götze adds. Thus, the generation capacity of all wind parks of the Capital Stage Group in this region increases significantly to some 38 MW. In total, the capacity of the Group's wind park portfolio rises to 525 MW.About Capital Stage AG: Capital Stage invests and operates solar and wind parks in Germany, Denmark, France, Finland, the United Kingdom, Italy, Austria and Sweden. Including solar and wind parks acquired and operated as part of the asset management business for third parties, the company's generation capacity totals more than 1.2 gigawatts. This makes Capital Stage one of Europe's leading independent solar and wind park operators. 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: Capital Stage AG Till Gießmann Head of Investor and Public Relations Tel.: +49 (0)40 378 562 242 Fax: +49 (0)40 378 562 129 Email: till.giessmann@capitalstage.com

18.05.2017 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

575091  18.05.2017 

@ dgap.de

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