M&A Activity • Dec 19, 2013
M&A Activity
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Corporate | 19 December 2013 10:04
Capital Stage AG: Capital Stage AG acquires further solar park in France
Capital Stage AG / Key word(s): Contract
19.12.2013 / 10:04
Hamburg, 19 December 2013 – Just days after the market entry in France, Capital Stage and Hamburg based investment company Aquila Capital have agreed on the purchase of another solar park with an energy output of 10.8 MWp. The park is located in the department Centre about 300 km southwest of Paris and has already been in operation since 2012. Furthermore, the plant management can be taken over by Capital Stage Solar Services from 2017.
The overall portfolio of solar and wind parks increases by this transaction and other recently purchased solar parks in Italy, France and Germany to a total of about 237 MWp.
Felix Goedhart, Chairman of the Board of Capital Stage AG: ‘We are happy that this and the other recently purchased solar parks give us a strong entry to the French market and that we already dispose over a total of 34 MWp after such a short time. France is characterized by a reliable framework and attractive market rates and therefore fits well into our investment strategy.’
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 about 237 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).
For further information about the company, please visit www.capitalstage.com
For further information:
Thomas Schnorrenberg
Capital Stage AG
Tel.: + 49 (0)40 37 85 62-242
Fax: + 49 (0)40 37 85 62-129
E-Mail: [email protected]
End of Corporate News
19.12.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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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: | [email protected] |
| Internet: | www.capitalstage.com |
| ISIN: | DE0006095003 |
| WKN: | 609500 |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard), Hamburg; Freiverkehr in Berlin, Düsseldorf, München, Stuttgart |
| End of News | DGAP News-Service |
| - - - |
| 245497 19.12.2013 |
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