25.08.2016
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DGAP-News: CHORUS Clean Energy AG takes over the operational management of two wind parks belonging to Lloyd Fonds AG
DGAP-News: CHORUS Clean Energy AG / Key word(s): Alliance
CHORUS Clean Energy AG takes over the operational management of two wind
parks belonging to Lloyd Fonds AG
25.08.2016 / 08:34
The issuer is solely responsible for the content of this announcement.
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PRESS RELEASE
CHORUS Clean Energy AG takes over the operational management of two wind
parks belonging to Lloyd Fonds AG
- Management takeover of two wind parks in Germany and Scotland
- Total portfolio under management increases by around 25 megawatts to
more than 510 megawatts
Neubiberg/Munich, August 25, 2016 - CHORUS Clean Energy AG ("CHORUS"), the
specialists in solar and wind park operation based in Neubiberg near
Munich, has taken over the operational management of two wind parks in
Germany and Scotland belonging to Hamburg-based Lloyd Fonds AG. This
development extends the presence of CHORUS in Europe and increases the
nominal capacity of the portfolio under management to approximately 513
megawatts (MW) in total.
The Breberen wind park is located in North Rhine-Westphalia, close to the
border between Germany and the Netherlands. This park consists of nine
reliable Vestas V80 wind turbines with a total output of 18 MW. In 2015,
the wind park produced about 40 million kilowatt-hours (kWh) of
electricity. This saves around 24,000 tons of harmful CO2 and is equivalent
to the power needs of more than 14,000 households.
The second wind park is located near the coast in Lairg in the Northwest
Highlands of Scotland. It contains three Nordex N80/2500 turbines. The wind
park has been connected to the grid since 2011. Nordex has produced over
1,000 turbines of this type that have since gone live. In total, the park
has a capacity of 7.5 MW.
As part of its asset management activities, CHORUS has taken over the
operational management of both parks. The wind turbines were financed
through closed-end funds launched by Lloyd Fonds AG in 2005 and 2011.
"We appreciate the trust placed in us by Lloyd Fonds AG in making this
decision. It underscores the dynamic growth in our asset management
division, where we offer institutional customers a wide range of services
covering the entire value chain of renewable energy systems. The wind parks
belonging to Lloyd Fonds AG and its investors are in the best hands with
us," says Holger Götze, CEO of CHORUS Clean Energy AG.
About CHORUS
CHORUS Group was founded in 1998 and operates 93 solar and wind parks with
a capacity of more than 510 megawatts in seven European countries. With a
broadly diversified portfolio, the company generates stable, dependable,
and sustainable returns. For professional investors, CHORUS offers
investment opportunities in power plants that generate renewable energy.
CHORUS Clean Energy AG covers the entire investment cycle - from asset
sourcing via financial and legal due diligence to operational management
and divestment.
Contact:
Stephan Castenholz (Investor Relations)
CHORUS Clean Energy AG
Tel.: +49-89-4423-0600
Fax: +49-89-442-306-011
E-mail: [email protected]
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25.08.2016 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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495773 25.08.2016
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