Capital/Financing Update • Oct 29, 2012
Capital/Financing Update
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Renogen SA, the 100% affiliate of 4Energy Invest, agreed with KBC Bank on a credit restructuring of the outstanding debt. The new debt redemption schedule foresees a tailored repayment over a 10 year period as from March 31st 2013 of 100% of the outstanding credit facilities (total amount of 30.72 M€). The redemption schedule has been designed in line with the expected cash flow creation of Renogen going forward. The margin on the outstanding credit facilities has on average been increased with 25 basis points, which can be reduced to 0 basis points if Renogen obtains a DSCR higher than 1.20 going forward.
4HamCogen NV, the other 100% affiliate of 4Energy Invest, is still in negotiation with ING Belgium, KBC Bank and LRM on a credit restructuring of the outstanding debt (total amount of 33.29M€). The outcome of these negotiations should be known before the end of the year 2012.
4Energy Invest NV/SA
Paepsem Business Park - Boulevard Paepsemlaan 20 - 1070 Brussels – BELGIUM
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 taken into commercial operation a large scale pellets production facility to produce dried wood chips and white wood pellets in Amel (Wallonia, Belgium).
4Energy Invest (through its fully owned subsidiary 4HamCogen) has taken into commercial operation a 9.5 MW biomass fired cogeneration unit in Ham (Flanders, Belgium).
4Energy Invest is listed on Euronext Brussels under symbol ENIN.
Filip Lesaffer, Executive Chairman
Tel: 32 496 57 90 15
www.4energyinvest.com
Paepsem Business Park - Boulevard Paepsemlaan 20 - 1070 Brussels – BELGIUM
PRESS RELEASE Brussels – 29 October 2012, 18.00 CET Regulated Information
4Energy Invest NV/SA
Paepsem Business Park - Boulevard Paepsemlaan 20 - 1070 Brussels – BELGIUM
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