DGAP-News: BR-Energy PLC: Subsidiary Hyat Enerji AS tops projections


DGAP-News: BR-Energy PLC / Key word(s): Alliance/Forecast
BR-Energy PLC: Subsidiary Hyat Enerji AS tops projections

16.11.2012 / 07:30

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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

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193527 16.11.2012