03.06.2016 CHORUS Clean Energy AG  DE000A12UL56

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. --------------------------------------------------------------------------- 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] --------------------------------------------------------------------------- 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 --------------------------------------------------------------------------- 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 --------------------------------------------------------------------------- 468951 03.06.2016