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Regulatory Filings • Apr 8, 2015

News Details

Corporate | 8 April 2015 09:08

Capital Stage AG continues to expand into the British solar market

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

2015-04-08 / 09:08

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Capital Stage AG continues to expand into the British solar market

Hamburg, April 8, 2015 - Capital Stage, the SDAX-listed solar and wind park
operator based in Hamburg, signed an agreement to acquire another
British solar park with a generation capacity of 5 MWp. At the same time,
the company secured an exclusive option on the purchase of two further
British solar parks with an aggregate generation capacity of 10 MWp. In
both cases, the firm has entered into an agreement with the project
developer F&S solar concept, which is headquartered in Euskirchen
(Germany). The two partners aim to further intensify their collaboration in
the future, especially in the British solar market. F&S solar concept has
an additional project pipeline of about 50 MWp in the UK.

"Our commitment to the British solar market is the next logical step in the
regional diversification and quality growth of our solar park portfolio,"
Felix Goedhart, CEO of Capital Stage AG, commented on the acquisition. "We
have secured the support of a very experienced project developer: F&S solar
concept. The company has already planned more than 1,500 PV farms around
the world and meets the high quality standards which Capital Stage demands
of its partners," Goedhart added. Georg Schmiedel, CEO of F&S solar
concept, said: "Capital Stage is a strong and reliable investor with whom
we can further expand our position in the British project development and
EPC market. We are delighted to be working with them long term."

The solar park acquired by Capital Stage is located in south-east England
and has already been connected to the British electricity grid. Technical
management of the park will be transferred to Capital Stage Solar Service
GmbH after a period of two years, and Capital Stage will become responsible
for commercial operation as soon as the acquisition is completed. Capital
Stage expects the park to make revenue contributions of approx. GBP 500
thousand (approx. EUR 700 thousand) from its first year of full operation
onwards.

About Capital Stage AG:
Since 2009, Capital Stage has acquired solar power plants and wind parks in
Germany, France, Italy and the UK with a capacity of more than 440 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 and in the regulated market of the Hanseatic Stock
Exchange Hamburg (ISIN: DE0006095003 / WKN: 609500). The shares of Capital
Stage AG have been listed in the Deutsche Börse selective index SDAX since
March 2014.

For more information, visit www.capitalstage.com

Contact:
Capital Stage AG
Till Giessmann
Head of Investor & Public Relations
Phone: + 49 (0)40 37 85 62-242
Fax: + 49 (0)40 37 85 62-129
e-mail: till.giessmann@capitalstage.com

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2015-04-08 Dissemination of a Corporate News, transmitted by DGAP - a
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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
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg;
Regulated Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart

End of News DGAP News-Service

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