DGAP-News: CHORUS Clean Energy AG

DGAP-News: CHORUS Clean Energy AG announces changes to the Management and Supervisory Boards following the takeover with Capital Stage AG

DGAP-News: CHORUS Clean Energy AG / Key word(s): Change of Personnel CHORUS Clean Energy AG announces changes to the Management and Supervisory Boards following the takeover with Capital Stage AG

20.10.2016 / 14:07 The issuer is solely responsible for the content of this announcement.

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CHORUS Clean Energy AG announces changes to the Management and Supervisory Boards following the takeover with Capital Stage AG

Neubiberg/Munich, October 20, 2016 - CHORUS Clean Energy AG ("CHORUS"), which specializes in the operation of solar and wind parks and is headquartered in Neubiberg near Munich, has announced the following changes to its Management and Supervisory Boards after completion of the takeover of more than 94 percent of the shares by Capital Stage AG:

Holger Götze is stepping down as the CEO of CHORUS and is taking up a new role as COO on the Management Board of Capital Stage AG with immediate effect. At his own request and on the most amicable of terms, Heinz Jarothe will be leaving the Management Board and stepping down as COO at the end of the year, but will continue to serve the company in an advisory capacity. The future Management Board of CHORUS Clean Energy AG will comprise of Karsten Mieth and Helmut Horst.

"On behalf of the Supervisory Board and the entire workforce, I would like to thank Mr. Jarothe for his tireless efforts and dedicated commitment to CHORUS over his more than 15 years at the company," said Peter Heidecker, company founder and Chairman of the Supervisory Board.

In accordance with the plans for the takeover of CHORUS by Capital Stage Peter Heidecker and Christine Scheel will both be leaving the Supervisory Board of CHORUS and joining the Supervisory Board of Capital Stage AG with immediate effect. The future Supervisory Board of CHORUS is supposed to consist of Dr. Christoph Husmann, who has been a member of the Management Board of Capital Stage AG for the past two years, Holger Götze, and Dr. Heinz Riederer.

About CHORUS The CHORUS Group was founded in 1998 and operates 94 solar and wind parks with a capacity of more than 530 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 operations and divestment.

Contact: Stephan Castenholz (Investor Relations) CHORUS Clean Energy AG Tel.: +49-89-4423-0600 Fax: +49-89-442-306-011 E-mail: IR@chorus.de

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20.10.2016 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 ---------------------------------------------------------------------------

513197 20.10.2016