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10:04 | 14.09.2010
PRESS RELEASE: Strasser Group names Wolf-Rüdiger Stahl as CFO and managing director of MEP Group
PRESS RELEASE: Strasser Group names Wolf-Rüdiger Stahl as CFO and managing director of MEP Group
Strasser Capital GmbH / Strasser Group names Wolf-Rüdiger Stahl as CFO and managing director of MEP Group processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.
Renowned banker from LBBW with extensive network will drive forward with growth
plans
Munich - Wolf-Rüdiger Stahl will be joining the senior management team of MEP
Group GmbH, a Munich-based investment company in large-scale renewable energy
projects and part of the Strasser Group of Companies, as its chief financial
officer and second managing director. Together with Alexander Roß, the company's
CEO and first managing director, Stahl will drive forward with its business
expansion and internationalization plans, as well as its core activities in
project finance. "The appointment comes at an opportune time in our
development," noted Roß. "With the build-up of our business activities and our
market positioning largely completed, MEP Group is now ideally poised for
sustained, profitable growth.
As the former head of the project finance department at Landesbank Baden
Württemberg (LBBW) responsible for renewable energy transactions (solar, wind,
biomass, biogas and geothermal projects), Wolf-Rüdiger Stahl brings an extensive
network of contacts, particularly within the area of photovoltaics, as well as
many years of successful experience in examining, structuring, negotiating and
executing capital market transactions in this field. While at LBBW he was
responsible for managing a credit portfolio amounting to EUR 2.8 billion.
"I am delighted to be able to play an active role in shaping the future
development of MEP Group. With its experienced and dynamic team, the company has
already built an outstanding reputation for itself in the solar energy market,"
said Mr. Stahl. "We would now like to broaden the size of our projects and move
into other European countries beyond Spain, Italy and the Czech Republic."
"We see our acquisition of Wolf-Rüdiger Stahl for the senior management team of
MEP Group as testimony to our successful work in the solar power market. With
his help, we will significantly expand our photovoltaic project portfolio over
the next few years," explained company founder Konstantin Strasser.
About the company:
The Stasser Capital GmbH is an energy-issuing house that exclusively markets
products from the area of renewable energies. Currently, the focus is on
photovoltaics. The company give investors direct access to the most efficient
photovoltaic project of its sister company MEP Group.
More Information www.strassercapital.com
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Strasser Capital GmbH
Lehrer-Wirth-Straße 4 Munich Germany
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Strasser Capital GmbH via Thomson Reuters ONE
http://www.strassercapital.com
(END) Dow Jones Newswires September 14, 2010 04:04 ET (08:04 GMT) |
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