Capital Stage Buys 51 Percent of 12-Megawatt German Wind Project

Capital Stage AG (CAP), a German clean-energy investor, acquired 51 percent of a 12-megawatt wind farm under development in eastern Germany.

The Kirchheilingen plant is expected to be complete in December, Hamburg-based Capital Stage said in a statement today. The developer Boreas Energie GmbH will retain 49 percent of the project.

The wind farm will have five Nordex SE (NDX1) turbines.

To contact the reporter on this story: Stefan Nicola in Berlin at snicola2@bloomberg.net

To contact the editors responsible for this story: Will Wade at wwade4@bloomberg.net Stephen Cunningham

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