DGAP-News: Capital Stage AG / Key word(s): Miscellaneous/Miscellaneous Capital Stage Group takes over Treucon Asset Management GmbH to manage an additional wind park portfolio of 120 MW in Germany Neubiberg/Munich, 9 November 2017 - CHORUS Clean Energy AG ("CHORUS"), a member of the Capital Stage Group serving institutional investors, has taken over Treucon Asset Management GmbH. The Berlin-based company specialises in the management of funds investing in renewable energy systems. As a result of the transaction, CHORUS will be in charge of the asset management for eleven wind parks with a total output of approx. 120 megawatts (MW). The parties have agreed not to disclose any details of the purchase price. "By taking over another 120 MW, we continue to expand our asset management operations as planned. The latest acquisition will increase the portfolio managed by the Capital Stage Group for investors to over 400 megawatts," said Holger Götze, COO of Capital Stage AG. The Capital Stage-Goup: Capital Stage invests in and operates solar and wind parks in Europe and is one of the leading independent power producers (IPPs) in the fields of renewable energies. The current portfolio consists of 162 solar and 64 windparks with a total installed base of more than 1.4 GW. Within the Capital Stage-Group, CHORUS Clean Energy AG ("CHORUS") is specialised in the Asset Management for institutional investors. CHORUS offers institutional investors direct and customised as well as fund based investment opportunities in renewable energy systems. CHORUS is a wholly-owned subsidiary of SDAX-listed Capital Stage AG, Hamburg. Capital Stage is listed in the regulated market of the Frankfurt Stock Exchange and on the Hanseatic Stock Exchange (ISIN: DE0006095003 / WKN: 609500). You can find further information on the company at www.capitalstage.com. Contact: Till Gießmann Head of Investor & Public Relations ------------------------------------------------------------ Capital Stage AG Große Elbstraße 59 22767 Hamburg Fon: + 49 40 37 85 62-242 Fax: + 49 40 37 85 62-129 e-mail: till.giessmann@capitalstage.com http://www.capitalstage.com
09.11.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
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, Tradegate Exchange |
End of News | DGAP News Service |
627217 09.11.2017