ENCAVIS AG

Regulatory Filings • Nov 14, 2014

News Details

Corporate | 14 November 2014 14:09

Capital Stage AG: Capital Stage and Gothaer Group agree on long-term strategic partnership

DGAP-News: Capital Stage AG / Key word(s): Strategic Company
Decision/Agreement

14.11.2014 / 14:09

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Hamburg, November 14, 2014 - Hamburg based and SDAX-listed solar and wind
park operator Capital Stage and the German insurer Gothaer Group have
agreed on a long-term strategic partnership in the field of renewable
energies. In the context of this strategic partnership Gothaer Group grants
to Capital Stage profit participation rights capital amounting to 150
million Euros with a duration of 20 years. Capital Stage will invest these
funds in European solar parks and thereby substantially expand its power
production capacity in the segment solar power plants.

Capital Stage AG - Potential to double production capacities
"As a specialist for insuring solar plants and wind parks Gothaer Group is
the ideal strategic partner for us", Felix Goedhart, CEO of Capital Stage
AG comments on the cooperation. "With the investment capital we are able to
approximately double our power production capacities of currently 313 MWp,
which are based on renewable solar and wind energy, in the foreseeable
future", Goedhart adds. Hamburg based Capital Stage operates solar and wind
parks in Germany, Italy and France and is the largest independent operator
of solar parks in Germany already today.

Capital Stage plans to invest the investment funds already in full until
the end of the year 2015. "We have access to a well-stocked and attractive
acquisition pipeline", says Goedhart. In the context of the cooperation
with Gothaer Group and corresponding to the investment criteria agreed on,
the company will concentrate among else on solar parks in Germany, France
and Italy.

Gothaer Group - Long-term investment in renewable energies
Gothaer Group has also been active in the field of renewable energies since
years. Already in mid 2014 the company had announced to invest a further
200 to 300 million Euros in the field of renewable energies. "We are glad
that with Capital Stage we were able to team up with an additional
experienced strategic partner in the field of renewable energies", comments
Gothaer CFO Harald Epple on the closing of the strategic partnership.
"Capital Stage has an outstanding market access to attractive solar energy
investments. With their clear focus on existing plants in regions, which
are characterized by a stable political environment as well as reliable and
calculable basic conditions, Capital Stage generates reliable profits".

Gothaer Group:
With more than four billion Euros of premium income and around 3.5 million
insured members the Gothaer Group is one of the largest German insurance
companies. All insurance classes are offered. While doing so Gothaer
emphasises on high-quality personalized advice of its clients.

About Capital Stage AG:
Since 2009, Capital Stage has acquired solar power plants and wind parks in
Germany, France and Italy with a capacity totalling to around 313 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

Contact:

Till Gießmann
Capital Stage AG
Tel.: + 49 (0)40 37 85 62-242
Fax: + 49 (0)40 37 85 62-129
E-Mail: till.giessmann@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

Martina Faßbender
Gothaer Finanzholding AG
Tel.: + 49 (0)221 308 34531
Fax: + 49 (0)221 308 34530
E-Mail: martina_fassbender@gothaer.de

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14.11.2014 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.

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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: Regulierter Markt in Frankfurt (Prime Standard), Hamburg;
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart

End of News DGAP News-Service

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