Press Release

Chorus Clean Energy postpones planned IPO

The Management Board of Chorus Clean Energy AG based in Neubiberg near Munich, a company specializing in the operation of solar and wind power plants, has decided today to postpone the planned initial public offering (“IPO”) for the time being.
pv magazine

The decision was taken due to the sharpened economic situation in Greece
and the impact on the global financial markets. In the current capital
market environment the Management Board does not see any possibility to
list the company on the stock exchange at an appropriate valuation.
The postponement of the IPO does not have a significant influence on the
positive business performance of Chorus Clean Energy AG. The company will
continue to monitor the capital market with regard to an appropriate timing
to possibly resume the IPO.
http://www.chorus-gruppe.de