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Prime Renewables GmbH – Third disbursement as scheduled

December 2, 2014

Prime Renewables GmbH continues to operate profitable as scheduled. The investors of the hybrid capital received as planned the third coupon of 4% p.a. based on the annual report as of September 30, 2014. The disbursement happened by end of November. The equity capital of the first closing is now fully allocated. Therefore we have started talks with further investors for the second funding to extend the portfolio.

„Our conservative investment strategy is very much appreciated by the clients which helps for further reliable disbursements“, says Managing Director Dr. Werner Goricki. – “On this basis, we are confident to be well on track with our targets.”

Since inception in May 2012, Prime Renewables GmbH, a subsidiary of Prime Capital AG, has successfully acquired a portfolio of European energy parks. The conservative business strategy is based on the production and sales of energy power from renewable sources and the operation of onshore wind parks and solar parks over their whole life cycle of approximately 25 years.

About Prime Capital
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Prime Capital AG is an independent financial services provider and asset management firm, focusing on institutional clients. The company specializes in Alternative Investments, in particular in Absolute Return, Infrastructure Investments and Private Debt. Prime Capital was founded in 2006 and currently employs 55 people in Frankfurt, London and Luxembourg. The company’s regulators are BaFin in Germany, CSSF in Luxembourg and FCA in the UK. As per 30th of June 2016, Prime Capital has around EUR 5.1 billion Assets under Management, managed on various platforms.

For further information, quotes or interview requests please contact:

Prime Capital AG
Andreas Kalusche, Board of Directors
Tel: 0049 69 9686 984 36
andreas.kalusche@primecapital-ag.com

 

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