ENCAVIS AG

M&A Activity • Mar 6, 2014

News Details

Ad-hoc | 6 March 2014 15:31

Capital Stage: Largest investment in company history

Capital Stage AG / Key word(s): Contract

06.03.2014 15:31

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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The information contained in this document is not for publication or
distribution in the United States, Australia, Canada or Japan.

Hamburg, 06 March 2014 - Solar and wind park operator Capital Stage has
considerably expanded its power production portfolio as announced during
the recent capital increase. The company and Hamburg based investment
company Aquila Capital agreed on the acquisition of a solar park portfolio
with a capacity of around 40 MW. With a volume of more than 140 million
euros, including the take over of the existing debt financing, this
acquisition represents the largest single investment in the history of
Capital Stage AG.

The portfolio consists of four parks located in the region Aquitaine in
southwestern France. The plants are in operation since March 2012. The
yearly power production capacity corresponds to the consumption of more
than 13,000 average households. The portfolio receives the feed-in-tariff
of 2012, thus contributing to the group's revenues with around 15 million
euros per year in the future while at the same time matching the return
level the company strives for. By the transaction, Capital Stage expands
its power production portfolio to a total of 281 MW.

Disclaimer
This document is neither an offer for selling nor an invitation to buy
securities.
This document is not an offer of securities for sale in the United States
of America. Securities may not be offered or sold in the United States of
America absent registration or an exemption from registration under the
U.S. Securities Act of 1933, as amended. The shares in Capital Stage AG
have not been and will not be registered under the U.S. Securities Act of
1933, as amended, and are not being and will not be offered or sold in the
United States of America.

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Information and Explaination of the Issuer to this News:

Since entering the market in France in December 2013, the company has
acquired solar plants with a capacity of 74 MW in short term, firmly
positioning itself in the market like in Italy and Germany as well.

Felix Goedhart, CEO of Capital Stage AG, comments: 'With this transaction
we again implement an announced growth step according to plan. We are glad
having been able to complete this transaction successfully with the vendor
Aquila Capital, who we already know from the past as a reliable negotiation
partner.'

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 281 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). The shares of Capital
Stage AG have been included in the Deutsche Börse selective index SDAX in
March 2014.

For further information about the company, please visit
www.capitalstage.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

Sebastian Bucher
Kirchhoff Consult AG
Tel.: + 49 (0)40 60 91 86-18
Fax: + 49 (0)40 60 91 86-60
E-Mail: sebastian.bucher@kirchhoff.de

06.03.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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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 Announcement DGAP News-Service

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