27.05.2016 13:56:16

DGAP-News: Capital Stage AG

DGAP-News: Capital Stage increases existing PV-portfolio in the UK to over 80 MW

DGAP-News: Capital Stage AG / Key word(s): Miscellaneous/Miscellaneous Capital Stage increases existing PV-portfolio in the UK to over 80 MW

27.05.2016 / 13:56 The issuer is solely responsible for the content of this announcement.

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Capital Stage, the SDAX-listed solar and wind park operator based in Hamburg, Germany, has again acquired another UK solar park with a generation capacity of 5 MW from F&S solar concept (F&S). Capital Stage and F&S, a German project developer based in Euskirchen, have been cooperating on the British PV market already since 2015. Since then, Capital Stage has already acquired four British PV-parks from F&S solar including the new acquisition. The generating capacity of all PV parks owned by Capital Stage in the United Kingdom now surpasses 80 MW.



The solar park acquired by Capital Stage is located in the southeast of England in the county of Bedfordshire. Another British PV park of Capital Stage is in close vicinity to the newly acquired assets. The acquired PV-park is already in operation and has been connected to the UK power grid back in March 2016. For the power generated a long-term power purchase agreement (PPA) has again be signed with Neas Energy, Denmark, an internationally operating energy trading company. The total investment in the park amounts to roughly EUR 6.3m (GBP 4.8m). Capital Stage expects the park to generate sales revenues of approx. TEUR 600 (TGBP 460) as of the first year of full operation.

F&S will provide the technical management for the parks for a period of two years. After that period, technical management will be handed over to Capital Stage Solar Service GmbH, a wholly-owned subsidiary of Capital Stage AG. Due to the close vicinity to another Capital Stage owned PV-park the company is optimistic to create synergies after taking over the technical management of the new acquisition. Capital Stage will assume responsibility for commercial management immediately after the transfer of ownership.

The solar park will initially be fully financed from the company's own funds; refinancing in the form of a classic project loan is planned for a later date. The respective framework agreement has already been signed with the German BayernLB.

About Capital Stage AG: Since 2009, Capital Stage has acquired solar power plants and wind parks in Germany, France, Italy and the UK with a total generation capacity of almost 600 MW. As such, Capital Stage today is Germany's largest independent operator of solar parks and already has a generating capacity that is equivalent to more than half the output of a nuclear power plant. Capital Stage today also is Germany's largest independent operator of solar parks. The high quality of the existing portfolio in combination with an excellent O&M management generate attractive returns and stable revenues for Capital Stage, while offering only a moderate level of investment risk.

Capital Stage AG is listed in the regulated market (Prime Standard) of the Frankfurt Stock Exchange and in the regulated market of the Hanseatic Stock Exchange Hamburg (ISIN: DE0006095003 / WKN: 609500). The shares of Capital Stage AG have been listed in the Deutsche Börse Frankfurt a. M. selective index SDAX since March 2014.

For more information, visit www.capitalstage.com

Contact:

Capital Stage AG Till Gießmann Head of Investor & Public Relations Fon.: + 49 (0)40 37 85 62-242 Fax: + 49 (0)40 37 85 62-129 e-mail: till.giessmann@capitalstage.com

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27.05.2016 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

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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: info@capitalstage.com 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 End of News DGAP News Service ---------------------------------------------------------------------------

467135 27.05.2016

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