Carpevigo AG: Fixed rate capital investment successfully placed
(Thomson Reuters ONE) - 3.2 million capital inflow ensures financing of newPV solar power plants and paves the way for further expansionHolzkirchen / Germany, Nov 17, 2009 -Carpevigo AG (ISINDE000A0LR6B6), a contractor and operator of solar energy power plantshas successfully introduced a fixed rate capital investment worth of3.2 million Euros fresh capital inflow. This funds will be used forfinancing PV solar power plants in Germany and Italy.The issues with a term to maturity of two years and an interest rateof 9% have been signed by private investors. Munic basedHofmann-Finanz Management GmbH has been in charge for organizing thecapital procurement.The capital will be used for funding the construction of solar powerplants in Southern Germany and Italy. Two solar parks in Bavaria withan overall capacity of 3.9 megawatt (MWp) are in due completion andgrid connection. In Italy the company focuses it's activities on theprovinces of Apulia, Molise and Latio. Concerning the Italy basedprojects construction of a solar park with a capacity of 2.0 MWp nearBrindisi has begun. Whereas in the Czech Republic solar parks with acapacity of 5.0 MWp are under projection."We are very pleased about this proof of confidence by ourinvestors", Carpevigo CEO Jens F. Neurther says on the occasion ofthe mezzanine capital's complete subscription. "We take this as anaffirmation of our strategy to focus on ground-mounted solar powerplants with single digit Megawatt capacities as well as roof topfacilities built on commercial properties.Hofman-Finanz Management GmbH, founded 23 years ago in Munich, isspecialized in capital assets for private investors and theprocurement of mezzanine capital. Hofmann concentrates on the realestate and renewable energy branches. Carpevigo's fixed rate capitalinvestment has been exclusively sold by Hofmann-Finanz ManagementGmbH.Characters (incl. spaces): 1,933About Carpevigo AG:CARPEVIGO AG plans, builds and operates solar power plants for thegeneration of electricity from renewable energies. Thesolar-generated electricity is sold to utilities companies andnetwork operators. Carpevigo focuses its business activities oncountries with stable and legally guaranteed frameworks for the usageof renewable energies for electricity production. Business activitiesinclude the identification of suitable locations, purchasing,planning, construction and operation of solar power plants.For further information:CARPEVIGO AGMs Gabriele BreuMarktplatz 2083607 Holzkirchen, GermanyPhone +49-(0)8024-608383-14Fax +49-(0)8024-608383-90www.carpevigo.dePress enquiries:CARPEVIGO AGMr Ulrich L. SchneppelEmmy-Noether-Str. 279110 Freiburg, GermanyPhone +49-(0)761-48080-0Fax +49-(0)761-48080-55carpevigo(at)york-communications.dehttp://hugin.info/138708/R/1355029/328737.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 17.11.2009 - 10:00 Uhr
Sprache: Deutsch
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