DGAP-News: Chorus Clean Energy

DGAP-News: Chorus Clean Energy AG continues positive business development in the first nine months of 2015

DGAP-News: CHORUS Clean Energy AG / Key word(s): 9-month figures CHORUS Clean Energy AG continues positive business development in the first nine months of 2015

30.11.2015 / 08:17 The issuer is solely responsible for the content of this announcement.

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PRESS RELEASE

Results for the third quarter of 2015

CHORUS Clean Energy AG continues positive business development in the first nine months of 2015

- Group revenues reach EUR 49.0 million

- Operating result EBITDA* amounts to EUR 39.5 million

- Successful growth strategy is being continued

Neubiberg/Munich, November 30, 2015 - CHORUS Clean Energy AG ("CHORUS") based in Neubiberg near Munich, a company specializing in the operation of solar and wind power plants (ISIN: DE000A12UL56), confirms the preliminary figures published October 29, 2015, with today's disclosure of the report for the third quarter.

CHORUS achieved revenues of EUR 49.0 million in the first nine months of 2015*. The third quarter accounted for EUR 18.1 million thereof. Divided into segments, the biggest share of the total revenues during the nine-month period was attributed to the income from electricity generation. With its own 62 wind and solar parks CHORUS generated revenues of EUR 46.5 million. In the segment Asset Management that is still young but dynamically growing the company generated total revenues of EUR 2.5 million. The service spectrum in this segment comprises of a wide range of services for institutional investors. It comprises of asset-sourcing, transaction processing, asset management of existing plants as well as the management of a possible exit. According to the client's investment strategy and investment volume, investments in existing Luxembourg-based Special Funds can be made or tailor-made portfolios can be built up.

During the first nine months of 2015 the earnings situation showed a positive development**: The operating result before interest, taxes, depreciation and amortisation (EBITDA) amounted to EUR 39.5 million. Based on revenues this resulted in an EBITDA margin of 80.6 per cent. The net profit reached EUR 12.0 million in total.

As at September 30, 2015 the total equity increased by 8.1 per cent to EUR 133.9 million. In proportion to the balance sheet this represents an improved equity ratio of 26.9 per cent (December 31, 2014: 24.3 per cent).

The Management Board is absolutely satisfied with the business development in the reporting period: "Since the initial public offering on October 7, 2015 we won two new institutional customers. For them we will compile an investment portfolio and will then take over the asset management. Furthermore, we acquired a new wind park with a capacity of 11.4 megawatts at the end of November. Following our growth strategy we will further strengthen our two core business areas", says Holger Götze, CEO of CHORUS Clean Energy AG. CHORUS plans to invest the funds of the IPO of around EUR 100 million into the expansion of the portfolio of solar and wind power plants in the next nine months.

The nine-month report 2015 of CHORUS Clean Energy AG can be downloaded on the company website under http://www.chorus.de/en/investor-relations/publications/.

* No prior year figures, as the operating companies as well as their holding companies with their solar and wind parks were contributed into CHORUS Clean Energy AG only by December 2014.

** Adjusted by the non-recurring expenses of the IPO accumulated until September 30, 2015.

About the CHORUS Group CHORUS Group was founded in 1998 and operates solar and wind parks in five European countries. To date, 68 solar and wind parks with an output of more than 265 megawatts have been realized. For institutional investors, CHORUS also offers investment opportunities in renewable energy plants. CHORUS Clean Energy AG covers the entire investment cycle - from sourcing of assets through financial and legal due diligence to monitoring and divestiture.

Contact: Stephan Castenholz CHORUS Clean Energy AG Tel.: +49 (0) 89 / 442 30 60 - 0 Fax: +49 (0) 89 / 442 30 60 - 11 E-mail: s.castenholz@chorus.de

Andreas Friedemann Kirchhoff Consult AG Tel.: + 49 (0) 40 / 60 91 86 - 50 Fax: + 49 (0) 40 / 60 91 86 - 60 E-mail: andreas.friedemann@kirchhoff.de

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30.11.2015 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.

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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: info@chorus.de 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 ---------------------------------------------------------------------------

419003 30.11.2015