HSH Nordbank finances another large solar farm in France

Hamburg/Kiel, December 13, 2012 - For the sixth time this year HSH Nordbank has successfully provided finance for a solar farm in France: the Pompogne portfolio consists of four sub-farms in the region of Aquitaine, near Bordeaux and the Atlantic coast, and was arranged and structured together with BayernLB.

This photovoltaic project numbers among the largest in France and has a total rated output of 40 MW. HSH Nordbank provided most of the long-term finance amounting to some EUR 113 million for the independent investment company Aquila Capital (Hamburg). Aquila Capital purchased this solar farm for a special fund for institutional investors, which pools systems in the area of renewable energy. Aquila Capital was assisted in structuring the project by the transaction consultant LNF Energy (Hamburg), which specialises in renewable energies. The project manager, general contractor and vendor of the Pompogne solar farm is the GP Joule Group (Reußenköge).

Lars Quandel, Head of Renewable Energy at HSH Nordbank, is confident that “in the coming year too HSH Nordbank will support further transactions to extend the use of renewable energy in France. We already have the first projects in the pipeline.”

The information contained in this press release does not constitute an offer for the sale of any type of Hamburg Commercial Bank AG securities. Securities of Hamburg Commercial Bank AG may not be sold in the United States without registration pursuant to US securities legislation, unless such a sale takes place on the basis of relevant exceptional provisions.

This press information can contain forward-looking statements. These statements are based on our beliefs and assumptions, on information currently available to us which we consider reliable. Forward-looking statements include all statements which are not historical facts, including information concerning future growth prospects and future economic developments.

Such forward-looking statements are based on assumptions relating to future events and are subject to uncertainties, risks and other factors, a large number we cannot influence. Thus actual events can differ considerably from the forward-looking statements made. We make no warranty for the correctness or completeness of these statements or the actual occurrence of the statements made. Furthermore, we assume no obligation for updating the forward-looking statements after this information has been published.