DGAP-News: CHORUS Clean Energy AG

DGAP-News: CHORUS Clean Energy AG: Bankhaus Lampe starts coverage with a 'buy' recommendation

DGAP-News: CHORUS Clean Energy AG / Key word(s): Research Update CHORUS Clean Energy AG: Bankhaus Lampe starts coverage with a 'buy' recommendation

02.02.2016 / 10:38 The issuer is solely responsible for the content of this announcement.

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PRESS RELEASE

CHORUS Clean Energy AG: Bankhaus Lampe starts coverage with a "buy" recommendation

Neubiberg/Munich, February 2, 2016 - Analysts of Bankhaus Lampe have initiated the coverage of CHORUS Clean Energy AG ("CHORUS") (ISIN: DE000A12UL56/ WKN: A12UL5) and issued a "buy" recommendation for the share. The price target is EUR 12.00, which is about 28 per cent above Monday's (February 1) closing price of EUR 9.35 (XETRA).

Analysts of the prestigious bank give the equity story of CHORUS a positive rating. Since the company's IPO in October 2015, this is the fourth research institute issuing a "buy" recommendation for the shares of CHORUS, a company specializing in the operation of solar and wind parks. The three analyst houses Warburg Research, Berenberg Bank and BHF Bank see significant upside potential, as well.

"We are delighted about the start of the coverage and the positive evaluation by Bankhaus Lampe. We are confident to expand our strong market position in the segments energy generation and asset management services within the framework of our growth-oriented business model. We assume to be able to invest the proceeds of the IPO in further profitable renewable energy plants by mid-year", said Holger Götze, CEO of CHORUS Clean Energy AG.

About the CHORUS Group CHORUS Group was founded in 1998 and operates solar and wind parks in five European countries. Including the latest transactions over 70 solar and wind parks with an output of more than 300 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 (Investor Relations) 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

Rebecca Jarschel (Corporate Communications) CHORUS Clean Energy AG Tel.: +49 (0) 89 / 442 30 60 - 0 Fax: +49 (0) 89 / 442 30 60 - 11 E-Mail: r.jarschel@chorus.de

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02.02.2016 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.

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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 ---------------------------------------------------------------------------

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