Biogas Nord AG
Biogas Nord AG: enters the Slovak Republic – 2 projects of 1 MW each!
Biogas Nord AG / Key word(s): Incoming Orders/Contract Biogas Nord enters the Slovak Republic – 2 projects of 1 MW each! – Entry into the Slovak Republic market – 2 biogas plants of 1MW each – BiNoLiquifeed – a prominent feature in the plants Bielefeld, 07th of August 2012. Biogas Nord AG, the leading provider of innovative and customized biogas plants, has entered into a contract for the construction of its first two biogas projects in the Slovak Republic. The construction of the two biogas plants, with an electrical power of 1 MW each, has begun in July 2012. The plants, which are located in the Southern part of the Slovak Republic, will produce electricity and heat which will be used to dry the digestate and sell it as pellets to be burnt in the furnaces of major heat users in the region. Maize, grass-silage and sorghum will be used as the main substrates. The plants are expected to be connected to the grid by December 2012. With the entry into the Slovak Republic, Biogas Nord AG is now present in 16 countries worldwide. Biogas Nord is currently building simultaneously biogas projects in 8 different countries. The construction works are executed by local subcontractors and monitored by Biogas Nord’s project and construction managers. Petr Marek, Biogas Nord AG’s Country Manager for the Slovak Republic, states: ‘Our client has been active in the renewable energy sector for quite a while. They started with photovoltaic and wanted to extend their business to other areas of renewable energy, so they were looking for a highly competent partner within the biogas sector, with comprehensive solutions and international expertise. The ability of Biogas Nord to offer the end customer a complete electrical and thermal energy concept, as well as its experience which has been obtained during the past 16 years and from 350 plants built around the world, convinced them to choose Biogas Nord as their technology partner.’ The development of unique technological solutions and products such as the BiNo Performance Guarantee and the BiNoLiquifeed are Biogas Nord’s unique selling points, and support the Company’s expansion into new markets, as well as its investments into self-owned biogas plants. ‘Our plant concepts are focused towards maximum efficiency, as well as a streamlined plant design. Our BiNoLiquifeed technology was a crucial factor for the owners due to the space limitations of the location. Without it, the plant could not be built. This is what made them choose us over our competitors’, said Asnat Drouianov, Co-General Manager of BIOGAS NORD AG. About Biogas Nord Biogas Nord is a global company building turn-key biogas plants. 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 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 España 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. 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, and 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 may greatly differ from the estimates published here. These factors include those described by Biogas Nord AG in its published reports. These reports are also 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. Contact: Company contact: BIOGAS NORD AG Werningshof 2-4 D-33719 Bielefeld Tel. +49 (0)521 – 96 33 – 0 info@biogas-nord.de www.biogas-nord.com 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 End of Corporate News 07.08.2012 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 |
Language: | English | |
Company: | Biogas Nord AG | |
Werningshof 2-4 | ||
33719 Bielefeld | ||
Germany | ||
Phone: | +49 (0)521 557 507 – 0 | |
Fax: | +49 (0)521 557 507 – 33 | |
E-mail: | info@biogas-nord.de | |
Internet: | www.biogas-nord.de | |
ISIN: | DE000A0HHE20 | |
WKN: | A0HHE2 | |
Listed: | Freiverkehr in Berlin, Düsseldorf, Stuttgart; Open Market (Entry Standard) in Frankfurt | |
End of News | DGAP News-Service |
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