DGAP-News: Biogas Nord AG / Key word(s): Incoming Orders
Biogas Nord AG: Biogas Nord AG to build a 12 MW, EUR34 million plant
in the Ukraine
24.07.2012 / 11:41
---------------------------------------------------------------------
* Market entry into the Ukraine
* Industrial solution for chicken farms and egg producers based on
the BiNoLiquifeed Feed-in System
* Current order pipeline of EUR 90million
Bielefeld, 24 July 2012. Biogas Nord AG, the leading international provider
of biogas plants, has signed the biggest turnkey agreement in the Company's
history - Euro 34 million for the construction of a 12 MW biogas project
in the Ukraine. The plant shall be constructed in 2 steps the first is
expected to be finished during 2012, and the second with a 10Mw power shall
be fully operational by 2014. With the entry into the Ukrainian energy
market, Biogas Nord AG is now present in 15 countries worldwide.
'We have found a highly effective, industrial energy solution for our
customer. The unique technology offered by Biogas Nord is highly effective
for chicken farms, enabling farm owners to reduce the environmental impact
of their enterprise. In addition, significant cost savings can be achieved
by the customer through the use of heat',said Asnat Drouianov, Co-General
Manager of Biogas Nord AG.
'Our current order backlog of over EUR 90 million, excluding the Ukraine
order, strengthens our three-pillar strategy - to expand our global
presence, to enter into equity participation in biogas plants, and to
constantly develop innovative technological concepts and solutions. We
expect to be able to announce further contracts in the near future' said
Alexander Rechter, CEO of Biogas Nord AG.
About Biogas Nord
Biogas Nord AG is a global company building turn-key biogas plants all
overthe 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
andcommissioning, 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,
combinedwith low operating costs and a high gas yield. Further efficiency
increases for each plant are achieved through the integration of a heat
recoverysystem.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., inItaly 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.
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 GmbH
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 factorsinclude 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
---------------------------------------------------------------------
24.07.2012 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
---------------------------------------------------------------------
178912 24.07.2012
DGAP-News: Biogas Nord AG: Biogas Nord AG to build a 12 MW, EUR34 million plant in the Ukraine
| Source: EQS Group AG