09.12.2015 15:26:59

DGAP-News: Capital Stage AG

DGAP-News: Capital Stage continues expansion of British solar park portfolio

DGAP-News: Capital Stage AG / Key word(s): Miscellaneous/Miscellaneous Capital Stage continues expansion of British solar park portfolio

09.12.2015 / 15:26 The issuer is solely responsible for the content of this announcement.

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Hamburg, 9 December 2015 - Capital Stage, the SDAX-listed solar and wind park operator based in Hamburg, further expands its British solar park portfolio by acquiring another solar park in the UK with a generating capacity of around 5 MW. Therewith the share of the British portfolio as part of the total generating capacity of 554 MW of Capital Stage increases to 13 per cent. The total investment volume including planned debt project financing amounts to about GBP 6.1 million (approx. EUR 8.4m). The PV park has been sold by the project developer and general contractor Gamma Energy Ltd., of which Capital Stage did already acquire a solar park of 5 MW in November 2015.



The newly acquired solar park is located in the north-west of England. After entering operations the park will profit from a public guaranteed feed-in tariff for a period of 20 years. The applicable feed-in tariff amounts to GBP 0.1101/kWh (EUR 0.1527 kWh) and is linked to the retail price index. Grid connection for the park is scheduled for December 2015. Capital Stage expects the new British solar park to make revenue contributions of approximately 600 TGBP (approx. TEUR 830) from the first year of full operation onwards.

The new British PV park - as well as the one acquired in November 2015 - has been financed on an all-equity basis. A refinancing within a classic project financing structure is planned and Capital Stage has already entered very promising negotiations with long-standing and trusted financing partners.

The British solar park has again been sold to Capital Stage AG by the project developer and general contractor Gamma Energy Ltd., a 100% subsidiary of the Spanish Sferaone Solutions & Services S.L. Gamma Energy is specialised in renewable energies. Already in early November 2015 Capital Stage did acquire a solar park with a generating capacity of 5 MW from Gamma Energy. Capital Stage continues to review other attractive projects of Gamma Energy in the UK.

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 more than 550 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 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 Phone: + 49 (0)40 37 85 62-242 Fax: + 49 (0)40 37 85 62-129 e-mail: till.giessmann@capitalstage.com

For more information, visit www.capitalstage.com

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09.12.2015 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. Media archive at www.dgap-medientreff.de and 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 ---------------------------------------------------------------------------

422425 09.12.2015

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