DGAP-News: BR-Energy PLC / Key word(s): Alliance/Forecast BR-Energy PLC: Subsidiary Hyat Enerji AS tops projections 16.11.2012 / 07:30 --------------------------------------------------------------------- Pressrelease 16. November 2012 BR-Energy PLC - Subsidiary Hyat Enerji AS tops projections London/Frankfurt/Istanbul, November 16,2012: BR-Energy's subsidiary Hayat Enerji AS due to the constructive cooperations with BR-Energy PLC aswell as with it's major shareholder ORIENT Strategies AG was able to reach it's aims eralier than planned: Already in October 2012 Hayat Enerji AS acquired a 50% share in Clean World Enerji AS and could therewith establish own production capacities for solar modules and equipment powered by solar energy. Jointly with Clean World Enerji AS, Hayat Enerji AS could now secure 240,000 squaremeters in Antalya, where from 2014 on a solar energy power plant with a capacity of more than 5 MW will be realized. The companies have now started the one year measuring of the solar intensity on that piece of land, which is necessary to receive subsidies. The greates part of planning of the power plant has been completed. Hayat Enerji AS assumes that the financing of the project will be closed at the end of March 2013. Hayat Enerji AS was further able to win a tender for 2,500 acres of land in eastern Turkey for the building and operation of a Geothermal and/or Solar-Energy Powerplant. Hayat Enerji AS projects the planning of this project, which is being done in cooperation with the technical university of Istanbul, to be finished in Mid 2013. Murat Gueven, technical director of Hayat Enerji AS explains:'Upon finalization of the planning, we will most likely sell this project to a larger producer of electricity. We are also nevertheless in discussions with independent investors and operators.' About BR-Energy PLC BR-Energy PLC is a holding focussing on companies in the field of renewable energy and environmental technology. It is the aim of BR-Energy PLC to act as a financing tool for it's partners and subsidiaries to generate capital for their projects and strategic expansion. One of the major shareholders of BR-Energy PLC is ORIENT Strategies AG, Switzerland, holding 49%. Contact Company: BR-Energy PLC 1St. Floor Office, Whateleys Drive Kenilworth CV82GY, England Phone: +44 20 358 22 446 Fax: +44 20 313 75 287 mail: info@br-energy.com web: www.br-energy.com Contact Press: ORIENT Strategies AG Spisergasse 26 CH-9004 St. Gallen phone: +41 43 508 22 15 mail: info@orient.ag internet: www.orient.ag End of Corporate News --------------------------------------------------------------------- 16.11.2012 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 --------------------------------------------------------------------- 193527 16.11.2012
DGAP-News: BR-Energy PLC: Subsidiary Hyat Enerji AS tops projections
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