27.05.2016 08:19:56
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DGAP-News: CHORUS Clean Energy AG
DGAP-News: CHORUS Clean Energy AG: Successful expansion of the segment Asset Management
- Fund volume rises by more than 10 per cent
Neubiberg/Munich, 27 May 2016 - CHORUS Clean Energy AG ("CHORUS"), a specialized operator of solar and wind parks, headquartered in Neubiberg near Munich, reports a volume increase of more than 10 per cent in one of its Luxembourg SICAV specialized investment funds. The capital stems from an existing institutional investor of the sub-fund CHORUS Infrastructure Fund S.A. SICAV-SIF Renewables Europe I ("CHORUS Renewables Europe I").
The increase in resources is supposed to support the expansion of the portfolio of onshore wind power plants in Germany. The renewable energy fund is currently invested in five wind parks in Germany and Finland and still open for subscriptions of long-term oriented institutional investors, who are looking for attractive yields.
"We are very pleased that the existing investor in our specialized investment fund raised its commitment already a second time within a year. Our institutional clients are convinced of the competence of CHORUS in the field of asset management as well as of our access to profitable projects. Therefore, we expect to gain further funds from our existing institutional investors over the course of the year. Within half a year we have completely invested the funds that were entrusted to us in the first closing", says Holger Götze, CEO of CHORUS Clean Energy AG.
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 (0) 89 / 442 30 60 - 0 Fax: +49 (0) 89 / 442 30 60 - 11 E-mail: IR@chorus.de
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27.05.2016 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: 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 ---------------------------------------------------------------------------
466953 27.05.2016
DGAP-News: CHORUS Clean Energy AG / Key word(s): Funds
CHORUS Clean Energy AG: Successful expansion of the segment Asset Management
27.05.2016 / 08:19
The issuer is solely responsible for the content of this announcement.
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PRESS RELEASE
CHORUS Clean Energy AG: Successful expansion of the segment Asset
Management
- Institutional investor of special fund CHORUS Renewables Europe I
increases its investment
- Fund volume rises by more than 10 per cent
Neubiberg/Munich, 27 May 2016 - CHORUS Clean Energy AG ("CHORUS"), a specialized operator of solar and wind parks, headquartered in Neubiberg near Munich, reports a volume increase of more than 10 per cent in one of its Luxembourg SICAV specialized investment funds. The capital stems from an existing institutional investor of the sub-fund CHORUS Infrastructure Fund S.A. SICAV-SIF Renewables Europe I ("CHORUS Renewables Europe I").
The increase in resources is supposed to support the expansion of the portfolio of onshore wind power plants in Germany. The renewable energy fund is currently invested in five wind parks in Germany and Finland and still open for subscriptions of long-term oriented institutional investors, who are looking for attractive yields.
"We are very pleased that the existing investor in our specialized investment fund raised its commitment already a second time within a year. Our institutional clients are convinced of the competence of CHORUS in the field of asset management as well as of our access to profitable projects. Therefore, we expect to gain further funds from our existing institutional investors over the course of the year. Within half a year we have completely invested the funds that were entrusted to us in the first closing", says Holger Götze, CEO of CHORUS Clean Energy AG.
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 (0) 89 / 442 30 60 - 0 Fax: +49 (0) 89 / 442 30 60 - 11 E-mail: IR@chorus.de
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27.05.2016 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: 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 ---------------------------------------------------------------------------
466953 27.05.2016
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