Capital Stage expects 40% revenue increase in 2014

German solar and wind park operator Capital Stage AG expects to record a 40% increase in revenue for the current year. The company estimates its turnover will increase from €57 million ($79.1 millon) in 2013 to about €87 million this year. Furthermore, the company forecasts its 2014 operating result will exceed €40 million. Last year, EBIT came to about €31 million.
Capital Stage acquired a 40 MW solar portfolio in France in early March. The company now owns 281 MW of solar and wind power plants in Germany, France and Italy.
© PHOTON

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