The park has recently be installed and commissioned under the EEG. The park has been built on a 25 ha open space in Mecklenburg-Vorpommern by an experienced general contractor. Inverters and polycrystalline modules of first-class manufacturers were used. The non-recourse financing was provided by a renowned German bank.
The park will generate annual revenues over EUR 1 million and generate a return on equity of around 15% on average. The operation & management of the park is taken over by Capital Stage Solar Service GmbH. The closing of the transaction is subject to conditions precedent.
Felix Goedhart, CEO of Capital Stage AG: "The park is a very good addition to our German PV portfolio. The park also proves that new solar parks in Germany, with a significantly lower FIT of 11.3 Cent / kWh, are still attractive to investors. "
