Biogas Nord AG
Biogas Nord AG is erecting its 1st biogas upgrade plant in France.
Biogas Nord AG / Key word(s): Miscellaneous 05.06.2012 / 09:12 --------------------------------------------------------------------- *The plant produces 1200 kW/h *France is the 14th country in which Biogas Nord now operates. Bielefeld, 04. June 2012. Biogas Nord AG, the leading supplier of innovative and customized energy solutions in the field of biogas technology, is completing its 1st biogas plant in France producing electrical power. Simultaneously Biogas Nord has started the construction of the first biogas plant in France producing upgraded gas to be injected to the public network. The plant 'Chaumes-en-Brie' will generate a biogas output of 1200 kW/h. After three years of negotiations with the authorities and legislative procedures in France, the two Quaak brothers, the owners of the plant, have succeeded to convince the French authorities to introduce a special feed-in tariff for biogas and to obtain the building permit for the construction of the 1st biogas plant to generate clean gas in France. The plant is the 1st one of its kind in France and will be based mainly on food waste and manure. The construction of the plant started in late May 2012, and the plant is expected to start generating clean gas in October 2012. 'The new biogas plant in France is another important step towards the development of our global presence, following our business activities in Germany, Belgium, Czech Republic, Netherlands, USA, Italy, Great Britain, Belarus, Ireland, Thailand, Cuba, Romania and Latvia. In all, we are now present in 14 countries. 'We consider France as one of the most important markets within Europe, and worldwide. The agricultural and the food waste market in France entail a huge potential for our future expansion. With the expansion into France, we have increased the level of public awareness of our highly efficient biogas technology, providing a way to gain independence from fossil fuels. Especially our new BiNoLiquifeed-technology offers great benefits to every biogas plant owner. By shortening the retention time, increasing the gas yields, and offering the customer highly flexible substrate selections, as well as reducing the capital expenditure and the operational expenses, the profitability of the plant is significantly increased. Furthermore our BiNo Performance Guarantee provides the best security for every plant owner, as well as for investors by insuring a guaranteed performance of 88% of the theoretical electrical production. We are sure that our project in 'Chaumes-en Brie' will open the doors for the French market. We already experience great interest in our technology, so we are confident that we will continue to grow outside of Germany', said Alexander Rechter, CEO of Biogas Nord AG. 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. If you have any questions please 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 --------------------------------------------------------------------- 05.06.2012 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 --------------------------------------------------------------------- 172806 05.06.2012
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