S.A.G. Solarstrom AG / Key word(s): Contract
07.03.2012 09:25
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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S.A.G. Solarstrom AG: long-term project financing for 48 MWp project in
Italy achieved
Freiburg, March 6, 2012. S.A.G. Solarstrom AG (German security
identification number: 702 100, ISIN: DE0007021008), Freiburg i. Br., today
concluded a loan agreement for EUR118 million for the long-term project
financing of the 48 MWp project Serenissima in North Italy, with a banking
syndicate consisting of the Deutsche Bank AG, the Bayerische Landesbank,
the Landesbank Hessen-Thüringen Giro Center and the KfW IPEX Bank. The
loan, at current market conditions, has a term of 17 years. Payment is
subject to the fulfillment of customary payment conditions. The borrower is
the Italian project company Enersol s.r.l., Rovigo, which will be
transferred to the project buyer at closing. A European financial investor
acquired the 48 MWp Serenissima plant on December 31, 2011.
Contact:
S.A.G. Solarstrom AG
Sasbacher StraÃe 5
79111 Freiburg
Germany
www.solarstromag.com
Public Relations / Investor Relations
Jutta Lorberg
phone: +49-(0)761-4770-311
e-mail: pr@solarstromag.com / ir@solarstromag.com
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Information and Explaination of the Issuer to this News:
About S.A.G. Solarstrom AG
S.A.G. Solarstrom AG (German security identification number: 702 100, ISIN:
DE0007021008) of Freiburg i.Br., Germany, is a manufacturer-independent
provider of high-quality photovoltaic plants configured to customers'
individual needs. The Group constructs efficient plants of all sizes both
in Germany and abroad. S.A.G. Solarstrom AG also produces solar energy at
its own plants.
S.A.G. Solarstrom AG's service portfolio covers the entire life cycle of
photovoltaic plants, including forecast and energy services, yield reports,
and remote service and maintenance, as well as insurance and financing. The
Group thus offers a comprehensive value chain in photovoltaics, from yield
reports, planning, construction, operations, and monitoring to
optimization, repowering, and deconstruction.
Founded in 1998, S.A.G. Solarstrom AG is considered a pioneer in the solar
industry. Around 240 specialists work at the four locations in Germany and
the foreign subsidiaries.
S.A.G. Solarstrom AG is listed in the Prime Standard of the Frankfurt Stock
Exchange as well as according to the rules and standards M:access of the
Munich Stock Exchange.
Further information: www.solarstromag.com
07.03.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: S.A.G. Solarstrom AG
Sasbacher Str. 5
79111 Freiburg
Germany
Phone: + 49 761 4770 0
Fax: + 49 761 4770 555
E-mail: mail@solarstromag.com
Internet: www.solarstromag.com
ISIN: DE0007021008
WKN: 702100
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München (m:access), Stuttgart
End of Announcement DGAP News-Service
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DGAP-Adhoc: S.A.G. Solarstrom AG: long-term project financing for 48 MWp project in Italy achieved
| Source: EQS Group AG