DGAP-News: KTG Energie AG: Investment-grade rating once

DGAP-News: KTG Energie AG / Key word(s): Miscellaneous KTG Energie AG: Investment-grade rating once again confirmed 28.05.2014 / 12:38 --------------------------------------------------------------------- KTG Energie AG: Investment-grade rating once again confirmed - Creditreform assesses credit rating of BBB- as "very satisfactory" - Very positive sales and earnings performance trend in operative business - High degree of planning security due to fixed rates of remuneration and purchasing agreements Hamburg, May 28, 2014 - The rating agency Creditreform has once again attested a very satisfactory credit rating to KTG Energie AG (share: ISIN: DE000A0HNG53; bond: ISIN: DE000A1ML257) under its annual rating check. The rating specialists confirm the assessment of KTG Energie AG as BBB-, despite the market challenges resulting from the considerable changes in the regulatory environment. BBB- is an investment grade assessment. At the same time, Creditreform certifies the company with a very positive sales and earnings performance in operative business as well as a high degree of planning security due to fixed feed-in tariffs and purchasing agreements. The Executive Board views the rating assessment as a successful result of the positive business development and as a confirmation of the implemented strategy. "Since the last rating update, the market environment has become considerably more complex as a result of the changes to the EEG. It is fortunate that we made massive investments in the expansion of our asset portfolio in time. The rating assessment shows how solid our planning, our business model and our financial structure is, even under these conditions", explains Dr. Thomas Berger, CEO of KTG Energie AG. KTG Energie AG, the largest producer of renewable energy from biogas listed on the stock exchange, increased sales by 61% from EUR31.60 million to EUR50.93 million and EBITDA by 97% from EUR9.04 million to EUR13.22 million in the short business year 2013. At October 31, 2013 KTG Energie AG already had a production capacity of 41 MW, and by the end of July 2014, the production capacity will increase to 50 MW - the basis for sustained and projectable sales and earnings. The company has succeeded in stabilizing its funding position and thus finding financing alternatives appropriate for its fast growth by refinancing assets and increasing bonds, explains Creditreform in the rating report. The rating result reflects the analyses of the consolidated financial statements, the business plan, operational and financial planning, liquidity planning and the analysts' meetings with management. The market environment and market trend are also included in the assessment. Creditreform analyses companies according to both the requirements of international standards for rating agencies of the IOSCO (International Organization of Securities Commissions) as well as according to the national rating standards of the DVFA (Deutsche Vereinigung für Finanzanalyse und Asset Management: German Association for Financial Analysis and Asset Management). The rating certification and the rating summary are published on the Internet site www.ktg-energie.de. About KTG Energie AG KTG Energie AG, based in Hamburg, is specialized in the production of renewable energies from renewable raw materials. To this end, the company has been operating biogas plants in Germany since 2006 and covers the entire value added chain from the planning and construction to the operation of the systems. Sales quantities are guaranteed through the Renewable Energy Act (EEG) for a period of 20 years at fixed conditions. Today, over a quarter of a million people are already supplied with clean, environmentally-friendly energy. As a subsidiary of the agricultural company KTG Agrar AG, the supply of renewable raw materials - particularly catch crops, grass and straw - is guaranteed in the long term. KTG Energie currently employs around 65 staff and has, according to preliminary figures, more than doubled sales volume in the short fiscal year 2013 (January through October), in comparison with the previous year, to around EUR50 million and increased the operating result (EBITDA) by 95% to EUR13 million. The company has been listed on the Frankfurt Stock Exchange since 2012. More information: www.ktg-energie.de Contact Investor Relations / Presse Tobias M. Weitzel BSK Becker+Schreiner Kommunikation GmbH Phone: +49 2154-81 22 16 E-mail: weitzel@kommunikation-bsk.de End of Corporate News --------------------------------------------------------------------- 28.05.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. 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: KTG Energie AG Ferdinandstr. 12 20095 Hamburg Germany Phone: +49 40 76755372 Fax: +49 40 76755374 E-mail: info@ktg-energie.de Internet: www.ktg-energie.de ISIN: DE000A0HNG53, DE000A1ML257, WKN: A0HNG5, A1ML25 Listed: Freiverkehr in Berlin, Düsseldorf, München, Stuttgart; Frankfurt in Open Market (Entry Standard) End of News DGAP News-Service --------------------------------------------------------------------- 271022 28.05.2014