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M&A Activity • Aug 2, 2017
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M&A Activity
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Corporate | 2 August 2017 10:00
Capital Stage AG: Capital Stage AG acquires additional wind installations in Germany with a total generation capacity of nearly 17 MW
DGAP-News: Capital Stage AG / Key word(s): Miscellaneous/Miscellaneous
02.08.2017 / 10:00
The issuer is solely responsible for the content of this announcement.
Capital Stage AG acquires additional wind installations in Germany with a total generation capacity of nearly 17 MW
Hamburg, August 2, 2017 – The SDAX-listed, Hamburg-based solar and wind park operator Capital Stage has acquired five additional wind installations in Brandenburg and Mecklenburg-West Pomerania with a total generation capacity of nearly 17 megawatts (MW). All five installations have already been connected to the grid and benefit from a guaranteed feed-in tariff for 20 years each. The secured feed-in rate is between EUR-Cent 8.08 and EUR-Cent 8.90 per kilowatt-hour. The wind installations are equipped with turbines of the renowned manufacturers Vestas and General Electric. The total investment volume for the wind parks, including loans in relation to the projects, will be approximately EUR 39.6 million.
In total the newly acquired wind installations achieve a total generation capacity of nearly 17 MW and from their first full year of operation will generate revenue in the amount of some EUR 3.65 million. Following the most recent acquisitions, the total generation capacity of the Capital Stage AG wind park portfolio has increased to approximately 550 MW.
About Capital Stage AG:
Capital Stage invests in and operates solar and wind parks in Germany, Denmark, Finland, France, 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 almost 1.3 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:
Till Gießmann
Head of Investor & Public Relations
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Capital Stage AG
Große Elbstraße 59
22767 Hamburg
Fon: + 49 40 37 85 62-242
Fax: + 49 40 37 85 62-129
e-mail: [email protected]
http://www.capitalstage.com
02.08.2017 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: | [email protected] |
| 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 |