CFB-Fund 179
Solar – Deutschlandportfolio IV
Go for a sustainable investment in climate protection. With your commitment and subscription of € 10,000 you will prevent the generation of more than 10 tons of carbons per year!
Key Figures of the Fund:
Fund type: Public closed-end fund for solar arrays in Germany
Assets: 23 photovoltaic arrays in nine sunny locations in the German states of Brandenburg (Alt Daber, Bochow, Reckahn III, Töpchin, Trebbin, Wünsdorf), Saxony-Anhalt (Gräfenhainichen, Laucha) and Saxony (Markranstädt). These solar arrays have a combined nominal output of 122.6 Megawatt peak (MWp).
Feed-in tariff and earning: The German Renewable Energies Act (EEG) ensures security of income: It places grid operators under the obligation to pay ground-mounted solar plant operators on greenfield or brownfield land who go online before the end of 2011 a feed-in tariff of 0.2111 EUR or 0.2207 EUR per Kilowatt hour, respectively, over a 20-year term plus the year of the start-up.
Partners: General contractor and responsible for the operation is BELECTRIC Solarkraftwerke GmbH, a specialist for the construction of turnkey ground-mounted solar plants and the world market leader in the field in 2010. All locations are fitted with modules made by First Solar Inc. and Solar Frontier K.K., and with power inverters made by SMA Solar Technology AG.
Equity: 67.4 million EUR
Debt capital: 174.58 million EUR (funding exclusively in EUR). Full repayment before the end of the planned term.
Equity investment: The investment offer is intended for natural persons registered or permanently residing in Germany, whose investment will be held as private wealth, fiscally speaking.
Minimum subscription: 10,000 EUR (or a higher amount in multiples of 2,500).
Contribution: 100% nominal contribution, with a 5% premium to be added, payable on 31 October 2011 or, after 1 October 2011, on the 20th day of the month following the commitment.
Distributions* (forecast): 7.0% – 28.67% p.a. according to the forecast calculation before taxes (through 2031). Investors will be tax exempt until 2021.
This brief constitutes neither a public offer pursuant to Art. 8f, Sec. 1, German Prospectus Act, nor an investment advice. In regard to the public offering by HAJOLUCA Beteiligungsgesellschaft mbH & Co. Solarkraftwerke KG, Commerz Real Fonds Beteiligungsgesellschaft mbH (CFB), Mercedesstraße 6, 40470 Düsseldorf, will publish a Sales Prospectus that will be definitive for the investment decision. At the given time, copies of the sales prospectus will be available from CFB free of charge. Deviations from this information, last updated on 15 August 2011, cannot be ruled out
* The distributions include repayments of 100% of the nominal contribution.
Letting Your Portfolio Grow
Positive Ongoing Performance of the CFB Fund 179 “Solar Deutschlandportfolio IV”
Things look bright for the CFB Solar Fund 179: The photovoltaic arrays owned by Germany’s largest solar fund are already exceeding their production targets.
By the key date of 31 August 2011, the output of the six photovoltaic plants owned by the CFB Fund had already topped their calculated yield by 29 percent. Given the high level of solar irradiation during the months of September through November, there is every reason to expect extra proceeds from the plants completed in late 2011, too.
Together with its proven partner BELECTRIC Solarkraftwerke GmbH, who commits the necessary technological know-how and experience, CFB has already launched four mutual funds investing in photovoltaic arrays. One of the telltale signs indicating the quality of this partner is the fact that all of the photovoltaic arrays started “operating at full load” almost directly upon their completion.
Impressive Stats:
On an area of 323.9 hectares (the equivalent of around 440 football fields), a total of 1,357,180 modules and 136 power inverters were installed to form the 23 solar arrays at nine locations in Brandenburg, Saxony-Anhalt, and Saxony.
The total nominal output of 122,600.00 kWh is sufficient to provide 34,000 private households with electricity, thereby reducing carbon emissions by more than 70,000 metric tons annually.
Sound reasons, then, for investing in the new CFB Solar Fund 179.

