Capital Stage envisages investment of 500-600 million euros in solar parks

22/12/2014 00:22 Renewable

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Capital Stage, an operator of wind and solar parks based in Hamburg, intends to make an investment of hundreds of millions of euros next year after obtaining insurer Gothaer as an associate, as stated by its chief executive to a German newspaper.

On Saturday, Euro am Sonntag cited Felix Goedhart as stating that with profit participation capital from Gothaer of 150 million euros ($183.41 million), can be realized an investment volume of 500 to 600 million euros that would be offered for supporting European solar parks. He also declared that if all the investments are made in projects by the end of 2015, further partnerships will be also envisaged, adding as well that a development of Capital Stage's partnership with Gothaer was also an alternative.

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