Regulatory Filings • Mar 8, 2017
Regulatory Filings
Open in ViewerOpens in native device viewer
News Details
Corporate | 8 March 2017 09:42
Capital Stage acquires five solar parks in the South of Italy with total generation capacity of nearly 5.0 MW
DGAP-News: Capital Stage AG / Key word(s): Miscellaneous/Miscellaneous
08.03.2017 / 09:42
The issuer is solely responsible for the content of this announcement.
Capital Stage acquires five solar parks in the South of Italy with total
generation capacity of nearly 5.0 MW
Hamburg, March 9, 2017 - The SDAX-listed Hamburg-based solar and wind park
operator Capital Stage has acquired another five solar parks in the Italian
region of Apulia with a total generation capacity of nearly 5.0 megawatts
(MW). The parks are connected to the grid since the years 2010 and 2011.
The total investment volume, including debt financing on the project level,
amounts to approximately EUR 19.5 million.
The five solar parks are located in the sunny region of Apulia in the
southeast of Italy. Capital Stage is already operating three solar parks
successfully in the region of Apulia. Thereby, the company can rely on its
own valuable experience with regard to the expected solar radiation. The
five solar parks were connected to the grid in the years 2010 and 2011 and
have been in operation since then. The vendors are Energiequelle GmbH, De
Energy srl (Dextella Gruppe)and Stern Energy S.pA
The parks have a capacity between 0.93 MW and 0.99 MW each. They benefit
from a fixed feed-in tariff of EUR 0.3054 per kilowatt hour. The total
investment volume, including debt financing on the project level, amounts
to roughly EUR 19.5 million. Capital Stage expects the solar parks to
generate revenues of more than EUR 0.5 million in their first full
operating year.
Through its latest acquisition, the Capital Stage Group increases the total
generation capacity of its solar parks in Italy to roughly 160 MW.
About Capital Stage AG:
Since 2009, Capital Stage has been investing in and operating solar and
wind parks, now with installations in Germany, France, Finland, 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 more than 1.2 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:
Head of Investor & Public Relations
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
08.03.2017 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
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.