Capital Stage AG appoints Momentum Gruppen A/S as asset manager (O&M) of 3 Vestas V122-3.3 MW

Categories: 2013 07 Sep 2017
The Danish Momentum Gruppen A/S, the largest independent, O&M operator within wind turbines in Denmark, has been appointed by the German Capital Stage AG as asset manager (O&M) for its newly acquired three additional wind turbine generators (WTG) in Denmark with a total generation capacity of 10 MW (megawatts). The Hamburg-based Capital Stage AG is one of the largest independent solar- and wind park operators in Europe with a total generating capacity of in total almost 1.3 GW. Capital Stage owns and operates solar- and wind parks in Germany, Austria, Denmark, France, Italy and the United Kingdom. With the recent acquisition in Denmark, Capital Stage has expanded its portfolio on the Danish market to some 25 MW.

The newly acquired wind turbine generators of the type Vestas V 112 in Denmark are part of existing Danish wind park Norhede I, not far from Ringkøbing on the North Sea coast of Denmark. Capital Stage AG has entered into a partnership with the experienced O&M company Momentum Gruppen A/S, to manage their newly acquired wind turbines in Denmark.

With almost 600 MW under management in Denmark, Germany, Sweden, France and United Kingdom, Momentum Gruppen A/S is the largest, independent, O&M operator within wind turbines in Denmark.
“We are proud of the agreement we have signed with Capital Stage AG. This is yet another milestone for us. Capital Stage AG is a very reputable player in Europe and for Momentum Gruppen A/S it shows, that our commitment to deliver high level, independent, asset management to large Danish and international institutional investors, is the right path for us.” Comments CEO of Momentum Gruppen A/S. “It also shows, that Momentum Gruppen’s continued investments in building up our organization with experienced and focused staff within international management of wind turbines and PV plants, pays off”, Madsen continues.

We are very pleased to work with the Momentum Gruppen A/S on our newly acquired Danish wind park. As a Danish company, Momentum Gruppen A/S knows the Danish market very well, has a very good reputation and has built up an impressive track record as an independent O&M operator within wind turbines. As such, we do see our wind turbine generators in the best hands and are very confident that there will be a very high level of operational availability and that they will generate the amount of energy that we expect”, comments Dr. Husmann, CFO of Capital Stage AG.

About Capital Stage AG:
Capital Stage invests in and operates solar and wind parks in Germany, Denmark, Finland, France, the United Kingdom, Italy, Austria and Sweden. Including solar and wind parks acquired and operated as part of the asset management business for third parties, the company’s generation capacity totals almost 1.3 gigawatts. This makes Capital Stage one of Europe’s leading independent solar and wind park operators. With its solar and wind parks, the company generates attractive yields as well as continuous and predictable income.
 
The Capital Stage AG share is listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange and on the regulated market of the Hamburg stock exchange (ISIN: DE0006095003 / WKN: 609500). Since 2014, the Capital Stage AG share has been included in the SDAX index of Deutsche Börse.
 
For more information contact CEO Kim Madsen, Momentum Gruppen A/S.