Biogas Nord AG
Biogas Nord AG enters the Czech market
Biogas Nord AG / Key word(s): Miscellaneous 20.06.2012 / 08:44 --------------------------------------------------------------------- * A 1.2 MW biogas plant * Self-owned project securing stable, long-term revenues * Two additional plants in the Czech Republic of 1.4 MW and 800 kW are under construction * Total revenues in the Czech market of around EUR 10 million. Bielefeld, June 20th 2012. Biogas Nord AG, the leading provider of innovative and customized energy solutions in the field of biogas technology, is continuing its global expansion, having signed a contract for its first Czech biogas project. Overall, Biogas Nord AG is now active in 14 countries. The new project in Sazava, the Czech Republic, follows the Company's strategy - the expansion of its global presence and investment in self owned biogas plants. The plant is expected to begin operation in November 2012, providing heat and electricity to a nearby 14,000-head pig farm. This 1.2 MW biogas plant will be extended to 2 MW during next year. 'By entering the Czech market we are making another important step in expanding our global presence. Our ability to build highly efficient, large-scale biogas plants, customized to the needs of our clients, was crucial for the Czech operators in making the decision to purchase our technology', said Ms. Asnat Drouianov, Co-General Manager of Biogas Nord. Our investment in the Sazava project follows the Company's strategy to create a long-term, independent and stable source of income. Biogas Nord Power AG, a 100% subsidiary of Biogas Nord AG, holds a 48% stake in the Czech biogas plant. The remaining stakes are held by two Czech investment companies. Petr Marek, Biogas Nord's Czech Country Manager, declared: 'It is Biogas Nord's unique products, such as the Performance Guarantee and the BiNoLiquifeed, which provide Biogas Nord with the edge to become the leading biogas technology provider in the Czech Republic. In particular, the Performance Guarantee was crucial for the investors and the financing bank. No other technology provider was able to offer a comparable product, which guarantees a minimum production of at least 88% of the plant's theoretical energy production.' Shortly after entering the contract for Sazava, Biogas Nord AG has signed two additional contracts for building biogas plants in the Czech Republic. These 1.4 MW and 800 kW plants are already under construction. The total sales turnover of these three plants is approximately EUR 10 million. About BIOGAS NORD Biogas Nord is a global company building turn-key biogas plants all over the world. Established in the year 2000 and headquartered in Bielefeld, Germany, Biogas Nord has constructed to date more than 350 biogas plants worldwide, in Germany, Belgium, the Czech Republic, the Netherlands , the USA, Italy, the UK, Belarus, Ireland, Thailand, Cuba, Romania and Latvia. The company provides solutions in all areas of biogas technology, starting with concept development, operation and feasibility analysis, detailed design and planning, provision of approvals and licenses, construction and commissioning, and finally operation, management, and service and maintenance. Biogas Nord's sophisticated plant technology has proven itself throughout the years as durable, flexible and reliable. Its concepts are adapted to local conditions and coupled with the optimised use of efficient, high-grade components. Optimal operating results are achieved by a fermentation technology designed for flexible substrate selection, combined with low operating costs and a high gas yield. Further efficiency increases for each plant are achieved through the integration of a heat recovery system. Biogas Nord is a public company, traded on the Frankfurt Stock Exchange since November 2006. It is operating in Germany through its subsidiary Biogas Nord Anlagenbau GmbH, in Spain through Biogas Nord EspaƱa S.L., in Italy through Biogas Nord Italia S.R.L., in Poland through Biogas Nord Polska Sp. z o. o., in France through Biogas Nord SAS, in the UK through Biogas Nord UK Ltd. and in Korea through Biogas Nord Korea Ltd. Contact: Company contact: BIOGAS NORD AG Werningshof 2-4 D-33719 Bielefeld Tel. +49 (0)521 - 96 33 - 0 info@biogas.de www.biogas.de Investor Relations contact: GFEI mbH Hamburger Allee 26-28 D-60486 Frankfurt Tel. +49 (0)69 - 74 30 37 - 00 biogasnord@gfei.de www.gfei.de Disclaimer: This Corporate News is intended solely for informational purposes and does not constitute a solicitation to buy, hold or sell securities. This Corporate News may contain forward-looking statements. Forward-looking statements are statements that are not historical facts. They include statements about our beliefs and expectations. These statements relate to the current plans, estimates and forecasts currently available to the BIOGAS NORD AG management. Forward-looking statements therefore only apply on the day they were made. By their nature, forward-looking statements harbor risks and possible uncertainties. Various known and unknown risks, uncertainties and other factors could mean that the actual results, the financial situation, the development or the performance of the company greatly differs from the estimations published here. These factors include those described by BIOGAS NORD AG in its published reports. These reports are available on the BIOGAS NORD website at www.biogas.de. We assume no liability whatsoever to update these forward-looking statements or to adjusted them in line with future events or developments. End of Corporate News --------------------------------------------------------------------- 20.06.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 174671 20.06.2012
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