DGAP-News: Capital Stage AG: Successful market entry in France

DGAP-News: Capital Stage AG: Successful market entry in France

ID: 324585

(firmenpresse) - DGAP-News: Capital Stage AG / Key word(s): Contract
Capital Stage AG: Successful market entry in France

16.12.2013 / 15:33

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Hamburg, 16 December 2013 - For the first time, Hamburg based solar and
wind park operator Capital Stage AG has acquired two solar parks in France
with a total capacity of around 23 MWp. Corresponding contracts have been
signed today with Luxel SAS, Pérols, France.

The projects in the Languedoc-Roussillon region in southern France are
ready for construction and only high-quality modules, which have been
produced in the EU, will be installed. For this, operators receive a ten
per cent bonus on the current feed-in tariff according to the legal
provisions for solar power supply in France.

Start of construction for the first project with a capacity of 11 MWp is
expected to take place in January 2014. Construction of the second project
with a capacity of 12 MWp is going to begin just a few weeks later.
Commissioning and grid connection are scheduled in the course of the second
respectively third quarter of 2014.

Felix Goedhart, CEO of Capital Stage AG: 'Thanks to our very good liquidity
position we are currently implementing the largest investment programme of
our company's history. Thus, with 23 MWp we have achieved a relevant size
in the market in France off the cuff, which will facilitate our access to
further projects.'

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 more than 226 MWp,
making it Germany's largest independent 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: thomas.schnorrenberg(at)capitalstage.com


End of Corporate News

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16.12.2013 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.

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(at)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 News DGAP News-Service
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244941 16.12.2013


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Datum: 16.12.2013 - 15:33 Uhr
Sprache: Deutsch
News-ID 324585
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