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APL Acp Capital

0.375
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Acp Capital LSE:APL London Ordinary Share GB00B0T9K295 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.375 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

ACP Capital Partnership

15/04/2008 8:02am

UK Regulatory


RNS Number:3251S
ACP Capital Limited
15 April 2008

15 April 2008

              ACP Capital establishes renewable energy partnership



ACP Capital Limited ("ACP Capital" or the "Company": APL.LN), the merchant bank
and asset manager focused on European small and medium sized enterprises, today
announces through its to be launched subsidiary, ACP Capital Infrastructure,
that it has established a platform for the acquisition and development of
renewable energy assets in Italy and Southern Europe, ACP Capital NextEnergy
Initiative Limited ("ACPNE" or "the Vehicle"). ACPNE has received initial equity
commitments of Euro50 million from ACP Capital and Mssrs. Michael Bonte-Friedheim
and Stefano Sommadossi (together "the Principals"), with ACP Capital having
majority control. The Vehicle will enter into a third-party management agreement
with NextEnergy Capital SaRL ("NextEnergy"), a company founded and owned by the
Principals for the sourcing and operation of renewable energy opportunities.

ACPNE represents the first investment for ACP Capital's planned infrastructure
vehicle, ACP Capital Infrastructure ("ACPI"). ACPI is expected to be launched in
2008 and will invest throughout Europe in infrastructure assets such as
railcars, containers, transport and renewable energy (e.g. wind farms,
photovoltaic, hydro plants).

The creation of ACPNE reaffirms the development of ACP Capital's presence in the
Italian and wider Southern European markets and reiterates the Company's stated
objective of becoming a leading integrated finance provider in key sectors such
as infrastructure.

Alexander Koch, Head of ACP Capital Infrastructure, commented: "The creation of
ACPNE is an important step in building ACP Capital's infrastructure business in
Europe. Together with our partners at NextEnergy we plan to grow ACPNE into a
meaningful and stable asset platform that will benefit from the remarkable
growth potential offered by the European renewable sector."

Enquiries:

Rob Bailhache & Nick Henderson, Financial Dynamics         +44 (0) 20 7269 7200
(Media Relations)

Sacha Macintosh, ACP Capital UK LLP                        +44 (0) 844 800 4530

Chris Wells, Stewart Wallace, Collins Stewart              +44 (0) 207 523 8350


For further information on ACP Capital, please visit www.acpcapital.com.



About ACP Capital


ACP Capital (LSE AIM: APL) is a Jersey-incorporated specialist integrated
finance and asset management company focused on providing equity and debt
products to European small and medium sized enterprises (the "SMEs").


ACP Capital aims to benefit from opportunities generated from the strong growth
in SME demand for integrated finance, combined with the reduced appetite for SME
lending among traditional banks owing to higher regulatory capital requirements.


In order to better serve the SME markets directly, ACP Capital is establishing
localised operating platforms (the "Platforms") in its key markets of Germany,
France and the United Kingdom. These include to-date Leasecom, a leading SME
finance provider in France, and GCI, a specialist private equity firm for the
German SME market. Further Platforms are being evaluated currently to serve the
remaining key markets.



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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