Wattner: Solar Park Near Leipzig Procured for Sunasset 2 Fund

By Wattner Ag, PRNE
Monday, December 20, 2010

Projects Totaling 80 Million Euros Realized / Focus on International Market Expanded

COLOGNE, Germany, December 21, 2010 - The Wattner Group of Cologne, Germany, which is specialized in energy
investments, has procured one of the largest solar parks in Germany. The
solar park in Sietzsch, with a total capacity of approximately 12 megawatts,
is located just a few kilometers from Leipzig airport. Market leaders BP
Solar and IBC Solar each supply half of the solar park's crystalline solar
modules. The solar power plant extends across 33 hectares of industrial zone,
an area the size of more than 40 soccer fields. The solar park receives the
high electricity remuneration rate from the first half of this year, as the
zoning plan was drawn up at an early date.

The financing partner for the solar park in Sietzsch is Deutsche
Kreditbank AG (DKB), one of the preeminent German banks for the financing of
renewable energy projects. With the investment in the Sietzsch solar park,
the investment volume of the closed-end short-term Wattner SunAsset 2 fund
increases to nearly 80 million Euros, with a total of 11 solar power plants.

Managing director Ulrich Uhlenhut estimates that over the next 12 months,
Wattner will reach an investment volume worth approximately 250 million
Euros
. Already today, Wattner is one of the major German investors in the
field of solar energy. With new solar funds, there are also plans for an
increased financing of projects abroad: "We are considering politically
stable EU countries, but we are also currently conducting very detailed
assessments of Canada and England in terms of the profitability of
installations. Negotiations with project partners are right on track," says
Ulrich Uhlenhut.

ABOUT WATTNER

Wattner is a leading developer, financier and operator of solar power
plants. The company is privately owned; its managing director is Ulrich
Uhlenhut. Wattner has a global target pipeline of 500 MW of solar projects by
2012 in countries across Europe, North America and emerging markets.

    KONTAKT

    Klaus Sachsenthal
    Public Relations
    Tel.: +49-221-355-006-52
    Fax: +49-221-355-006-79

E-Mail: presse@wattner.de

Internet: www.wattner.de

KONTAKT: Klaus Sachsenthal, Public Relations, Tel.: +49-221-355-006-52, Fax: +49-221-355-006-79, E-Mail: presse at wattner.de

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