DGAP-Adhoc: Electrawinds SE: Announcement

 DGAP-Adhoc: Electrawinds SE: Announcement  Electrawinds SE  / Key word(s): Disposal  05.02.2014 16:31  Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement.  ---------------------------------------------------------------------------  Luxembourg | 5th February 2014: Electrawinds today announced the sale of its 80% equity stake in Electrawinds Biostoom NV, Oostende to Bionerga NV (70%) and 10% to the existing partner NEIF. Bionerga is a regional waste-processing, -recycling and -incineration specialist based in the Belgium province of Limburg. The sale of Biostoom, is part of Electrawinds' restructuring strategy. The transaction proceeds will be used to cover the short-term liquidity requirements of the Group and to a larger extent for deleveraging the Group.  *   *   *  Electrawinds SE | 40, Avenue Monterey | L-2163 Luxemburg Bert Heyman | investor.relations@electrawinds.eu  ISIN LU0538936351 (Publikums-Aktien) Regulierter Markt, Prime Standard, Frankfurt/Main ISIN LU0538952044 (Publikums-Optionsscheine) Regulierter Markt, General Standard, Frankfurt/Main    Cautionary statement regarding forward-looking statements This press release contains certain forward-looking statements. Any forward-looking statement applies only on the date of this press release. Such statements are based on current expectations and convictions and, by their nature, are subject to a number of known and unknown risks and uncertainties as a result of which the actual results and performance may differ substantially from expected future results or performance expressed or implied in the forward looking statements. The information and views contained in this press release may change without prior notice, and Electrawinds SE has neither the intention nor the obligation to update forward-looking statements in this communication, except insofar as it is obliged to do so by any applicable legislation or by the rules of any stock exchange on which its shares may be traded.   05.02.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de  ---------------------------------------------------------------------------   Language:     English Company:      Electrawinds SE               40, Avenue Monterey               2163 Luxemburg               Grand Duchy of Luxembourg Phone:        +352 27 449878 Fax:          +352 27 449879 E-mail:       investor.relations@electrawinds.eu Internet:     ewi.electrawinds.eu ISIN:         LU0538936351, LU0538952044 WKN:          A1C4HF, A1E016 Listed:       Regulierter Markt in Frankfurt (Prime Standard)   End of Announcement                             DGAP News-Service   ---------------------------------------------------------------------------