Capital/Financing Update • Jan 2, 2012
Capital/Financing Update
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Brussels – 2 January 2012 – 8.50 CET -
Regulated Information
KBC Bank agreed to waive the possibly non respected credit covenants by Renogen over the year 2011.
KBC Bank agreed that Renogen starts the redemption of the long term credit facility related to Amel III on March 31st 2012 instead of December 31st 2011. KBC bank agreed to spread over 2012 the principal payment that was due by Renogen on December 31st 2011 on the long term credit facilities related to Amel I & II.
ING Belgium and KBC Bank agreed to waive the non respected credit covenant by 4HamCogen on December 31st 2011.
This press release is made available in English, Dutch and French through our corporate website www.4energyinvest.com
4Energy Invest NV/SA
Paepsem Business Park - Boulevard Paepsemlaan 20 - 1070 Brussels – BELGIUM
PRESS RELEASE Brussels – 2 January 2012 – 8.50 CET - Regulated Information
4Energy Invest is a Belgian based renewable energy company that aims at creating and managing a portfolio of small to midsized locally embedded projects that valorize biomass, directly or indirectly, into energy. 4Energy Invest identifies potential biomass projects, performs a feasibility study and eventually takes responsibility for developing, financing, constructing and operating the project, in close cooperation with carefully selected suppliers and partners.
4Energy Invest (through its fully owned subsidiary Renogen) has two cogeneration projects, located in Amel (Wallonia, Belgium), that are fully operational.
4Energy Invest (through its fully owned subsidiary Renogen) has constructed in Amel (Wallonia, Belgium) a large scale torrefaction unit to produce BioCoal or torrefied wood pellets with minimum CO2 footprint.
4Energy Invest (through its fully owned subsidiary 4HamCogen) is about to take into commercial operation in Ham (Flanders, Belgium) a 9.5 MW biomass fired cogeneration project in Ham
4Energy Invest continues the preparation of the roll out of the torrefaction technology with permit files that have been obtained in Ham (Flanders, Belgium) and in Reisbach (Germany). Permit files are also under preparation in countries where more abundant biomass resources are available (than in Western Europe) and where integrated projects can be pursued.
4Energy Invest is listed on Euronext Brussels under symbol ENIN.
For more information, please contact: Nico Terry, Chief Financial Officer Tel: +32 (0)2 526 90 13 [email protected]
Yves Crits, Chief Executive Officer Tel: +32 (0)2 526 90 11 [email protected]
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