3U HOLDING AG
3U HOLDING AG: Purchase agreement for a wind farm signed

3U HOLDING AG  / Key word(s): Investment

24.10.2014 14:17

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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* Investment volume: approximately EUR 12.2 million 
* Equity share: about 27% 
* Initial operation of the wind farm: October / November 2001; guaranteed
feed-in tariffs according to the EEG until 2021
* 15 wind turbines with 1.5 MW nominal capacity each

3U HOLDING AG (ISIN DE0005167902) announces the purchase of an existing
wind farm with 15 wind turbines and an installed capacity of 22.5 MW. Today
3U ENERGY AG, a subsidiary of 3U HOLDING AG signed an agreement to acquire
the shares of the wind farm Langendorf. The purchase price for the complete
acquisition of the shares is approximately EUR 12.2 million, therefore
approximately TEUR 542 / MW. The wind farm is expected to be leveraged to
73%; which corresponds to a debt financing in the amount of EUR 9.0
million. For this purpose there is an indicative offer of a renowned German
bank. With this acquisition, 3U HOLDING AG reaches another important
milestone of its strategic goal to expand in the area of Renewable Energy.

The wind farm Langendorf in Saxony-Anhalt was built and put into operation
in 2001 with a total of 15 wind turbines of the type Enron/GE 1.5sl with a
nominal capacity of 1.5 MW each. The used wind turbine Enron/GE 1.5sl is a
time-tested wind turbine. The operation of the wind farm is ensured by the
continuation of service and maintenance contracts and an experienced
company in the field of technical management. The location is conveniently
located from wind yield point of view and offers good opportunities for a
"repowering" of the wind turbines after the end of the technical lifetime.

The execution of the purchase contract and the maturity of the purchase
price are conditioned upon the occurrence of various terms. Associated with
this are mutual rights of withdrawal.




Contact:
Peter Alex
Head of Investor Relations

3U HOLDING AG
Frauenbergstraße 31-33
D-35039 Marburg
Tel.:  + 49 (0)6421 999-1200
Fax:   + 49 (0)6421 999-1222
Email: IR@3U.net
www.3u.net


24.10.2014 The DGAP Distribution Services include Regulatory Announcements,
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Language:     English
Company:      3U HOLDING AG
              Frauenbergstraße 31-33
              35039 Marburg
              Germany
Phone:        +49 (0)6421/999-1200
Fax:          +49 (0)6421/999-1222
E-mail:       IR@3U.net
Internet:     www.3u.net
ISIN:         DE0005167902
WKN:          516790
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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