ENCAVIS AG

Regulatory Filings • Feb 27, 2018

News Details

Corporate | 27 February 2018 08:04

Encavis AG: Capital Stage AG becomes ‘Encavis AG’ (news with additional features)

DGAP-News: ENCAVIS AG / Key word(s): Miscellaneous/Miscellaneous

27.02.2018 / 08:04

The issuer is solely responsible for the content of this announcement.

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Encavis AG: Capital Stage AG becomes “Encavis AG”

Hamburg, 27 February 2018 – Capital Stage AG, the SDAX-listed solar and wind park operator based in Hamburg, announced today that it has changed its name to Encavis AG. Following the merger with CHORUS Clean Energy AG in Neubiberg (München) in 2017, both companies will as of now trade under the name “Encavis”. With this move, the two solar and wind park operators and experienced service providers for investments in renewable energy assets will now be shaping the future together under a shared name. Already today Encavis AG is one of Europe’s leading listed and independent power producers (IPPs) in the renewables sector, with a total generation capacity of more than 1.5 gigawatt (GW). Encavis AG (ISIN: DE0006095003 / WKN: 609500) is listed on the Frankfurt Stock Exchange, the Hamburg Stock Exchange and is included in the SDAX index of the German Stock Exchange.

A new and yet well-established protagonist has now appeared on the European renewable energies market: Encavis AG. Following the completion of the take-over between Capital Stage AG and CHORUS Clean Energy AG in 2017, both companies combined their strength and expertise and will as of now be shaping the future together under a shared name. “Encavis stands for our company’s future. It symbolises the three pillars that constitute our company and are at the basis of our entrepreunerial activites”, explains Dr. Dierk Paskert, CEO of Encavis AG. “The name stands for ‘Energy’, which is the basis of our joint activity; ‘Capital’, which refers to the resources we use to acquire our solar and wind parks and on which we deliver attractive returns; and ‘Vision’, because we are back the energy system of the future and we make renewables profitable”, Paskert adds.

Already today Encavis AG is one of Europe’s leading listed and independent power producers (IPPs) in the field of renewable energy. The company runs 170 solar parks and 65 wind farms in Germany and in eight other European countries, with a total generation capacity of more than 1.5 GW. The energy generated by Encavis AG from renewable energy sources in 2017 was sufficient to supply around one million households with green energy for a whole year while reducing climate-damaging CO2 by around 1.5 million tons. “We want to continue to build on this excellent result by acquiring more plants in and outside of Europe. We are also planning to offer our “green electricity” to a greater extent also via private power purchase agreements (PPAs) and to develop this business further by combining it with the use of economically attractive storage facilities”, says Paskert.

Furthermore, Encavis also offers its wealth of experience and in-depth knowledge of the renewables sector and operational excellence of theses assets to institutional investors that want to invest in the renewables energy market. Within the Encavis Group, the Encavis Asset Management AG (formerly CHORUS Clean Energy AG) is specialised in the business with instituionale clients.

Encavis AG (ISIN: DE0006095003 / WKN: 609500) is listed on the Frankfurt Stock Exchange, the Hamburg Stock Exchange and is included in the SDAX index of the German Stock Exchange.

You can find further information about Encavis AG on its new website at www.encavis.com.

About the Encavis Group :

Encavis AG is one of the leading independent power producers (IPPs) in the field of renewable energy in Europe. The company obtains and runs solar power plants and (onshore) wind farms in Germany and in eight other European countries. The total generation capacity of the Encavis Group is currently over 1.5 gigawatt (GW). With its wind farms and solar parks, the company generates attractive financial returns, as well as very stable income irrespective of economic conditions.

Encavis AG also offers it’s long-standing experience and market knowledge in the renewable energy segment to institutional investors. Within the Encavis Group, the Encavis Asset Management AG (formerly known as CHORUS Clean Energy AG) is specialised in the business with institutional clients. Furthermore, the Encavis Technical Services GmbH is the Encavis Group’s service unit for the technical management of solar parks.

Formed in 2018, Encavis AG is the result of the merger between Capital Stage AG and CHORUS Clean Energy AG. Encavis AG is listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange, on the regulated market of the Hamburg Stock Exchange (ISIN: DE0006095003/WKN: 609500) and on the SDAX of the German Stock Exchange.

You can find more information on the company at www.encavis.com

Contact:

Encavis AG (previously Capital Stage AG)

Till Gießmann

Head of Investor & Public Relations

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Große Elbstraße 59

22767 Hamburg

Fon: + 49 40 37 85 62-242

Fax: + 49 40 37 85 62-129

e-mail: till.giessmann@encavis.com

http://www.encavis.com

Twitter: https://twitter.com/encavis

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Additional features:

Picture: http://newsfeed2.eqs.com/capitalstage/658127.html

Subtitle: Encavis AG

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27.02.2018 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

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Language:	English
Company:	ENCAVIS AG
	Große Elbstraße 59
	22767 Hamburg
	Germany
Phone:	+49 4037 85 62 -0
Fax:	+49 4037 85 62 -129
E-mail:	info@encavis.com
Internet:	www.encavis.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