03.06.2016
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DGAP-News: CHORUS Clean Energy AG realizes significant savings by a new agreement of financial terms in Italy
DGAP-News: CHORUS Clean Energy AG / Key word(s): Financing
CHORUS Clean Energy AG realizes significant savings by a new agreement of
financial terms in Italy
03.06.2016 / 08:27
The issuer is solely responsible for the content of this announcement.
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PRESS RELEASE
CHORUS Clean Energy AG realizes significant savings by a new agreement of
financial terms in Italy
- Significant interest savings regarding a financing tranche of more than
EUR 25 million
- Resulting impact of around EUR 450.000
Neubiberg/Munich, June 3, 2016 - CHORUS Clean Energy AG ("CHORUS") based in
Neubiberg near Munich, a company specializing in the operation of solar and
wind parks, was able to agree on new financing conditions according to
current market conditions for a portfolio of Italian solar parks
successfully. Thereby, the previous interest rate regarding a financing
tranche of more than EUR 25 million could be reduced by almost two
percentage points. The resulting impact amounts to about EUR 450.000 in the
first year.
"We are very delighted that we were able to set the conditions for this
financing tranche at very attractive conditions for almost the complete
remaining term after intensive negotiations with one of our most important
financing partners. Once again this shows the great confidence CHORUS
enjoys also on the banking market", says CEO Holger Götze.
About CHORUS
CHORUS Group was founded in 1998 and operates 76 solar and wind parks with
a capacity of more than 335 megawatts in five European countries. With a
broadly diversified portfolio, the company generates stable, predictable,
and sustainable returns. For professional investors, CHORUS offers
investment opportunities in renewable energy plants. CHORUS Clean Energy AG
covers the entire investment cycle - from asset sourcing through financial
and legal due diligence and monitoring up to divestiture.
Contact Us:
Stephan Castenholz (Investor Relations)
CHORUS Clean Energy AG
Tel. +49-89-442-3060-0
Fax: +49-89-442-3060-11
E-mail: [email protected]
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03.06.2016 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: CHORUS Clean Energy AG
Prof.-Messerschmitt-Straße 3
85579 Neubiberg / Munich
Germany
Phone: +49 (0)89 442 30 60 - 0
Fax: +49 (0)89 442 30 60 - 11
E-mail: [email protected]
Internet: www.chorus-gruppe.de
ISIN: DE000A12UL56
WKN: A12UL5
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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468951 03.06.2016
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