DGAP-News: Capital Stage AG / Key word(s): Miscellaneous/Miscellaneous Capital Stage acquires solar park in the UK 15.11.2016 / 11:42 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Hamburg, Germany, November 15, 2016 - The SDAX-listed Hamburg-based solar and wind park operator Capital Stage has acquired another UK solar park with a generation capacity of 5 MW. It benefits from a fixed feed-in tariff guaranteed by the government for a period of 20 years, is already in operation and connected to the grid since December 2015. The solar park is located in the southwest of England in the county of Devon, near by the city of Exeter. A purchase commitment at a feed-in tariff of GBP 0.1114/kWh (EUR 0.13/kWh) is guaranteed by the government. The vendor is HCE Europe Limited (HCE), an affiliate of the Indian project developer Hindustan Cleanenergy Limited. The total investment volume in the park amounts to roughly EUR 6.5m (GBP 5,7m). Capital Stage expects the park to generate sales revenues of approx. EUR 680,000 (GBP 600,000) as of the first year of full operation. Another affiliate of HCE 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. Capital Stage is responsible for the commercial management. 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. With the acquisition the total generating capacity of all Capital Stage solar parks based in the UK increases to almost 90 MW and reaches a share of roughly 9% of the total generating capacity from all solar and wind parks of the company. About Capital Stage AG: Since 2009, Capital Stage invests and operates solar power plants and wind parks in Germany, Austria, France, Finland, UK, Italy, and Sweden. Including solar and wind parks acquired for third parties within the Asset Management segment of Capital Stage the total generating capacity already exceeds 1 GW. As such, Capital Stage is one of the leading independent solar and wind park operators in Europe. Capital Stage's portfolio of solar and wind parks generate attractive returns as well as highly stable and predictable revenues. 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). Since 2014, Capital Stage AG is listed in the Deutsche Börse selective index SDAX. 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: [email protected] --------------------------------------------------------------------------- 15.11.2016 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 --------------------------------------------------------------------------- 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 --------------------------------------------------------------------------- 520901 15.11.2016