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EnviTec Biogas AG

Regulatory Filings Aug 22, 2008

5391_rns_2008-08-22_d699ad10-87e8-4e80-98a7-3944234e41fe.html

Regulatory Filings

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News Details

Corporate | 22 August 2008 07:54

EnviTec Biogas expands product portfolio due to strong demand

EnviTec Biogas AG / Product Launch

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.


Standardised 190 KW biogas plants soon available

Lohne, 22 August 2008 – The amendment of the German Renewable Energy
Sources Act (EEG) dated 6 June 2008 has redefined and clarified the
conditions in the German biogas market, leading to rising demand for biogas
plants. This is due to the fact that the new EEG provides for better
promotion of biogas plants and for a special remuneration for smaller
plants, thus highlighting the importance of biogas for local energy supply.
'This makes the operation of small plants, which suffered particularly
strongly from the fast rise in the prices of input materials, a lucrative
business again,' says Kunibert Ruhe, CTO of EnviTec Biogas AG. 'This is an
incentive for the construction of new plants by agricultural customers.'

EnviTec Biogas, a leading manufacturer and operator of biogas plants in
Europe, has responded quickly and expanded its product portfolio. Going
forward, the Lohne-based company will offer standardised plants with a
capacity of 190 KW. Customers will reap the benefits of standard production
such as time and financial planning certainty. 'Our enlarged product
portfolio allows us to expand our target group,' says Kunibert Ruhe. 'In
future, operators of small plants will also benefit from our sophisticated
technology and the high efficiency of the EnviTec biogas plants. The new
plant size rounds off our portfolio and is another step towards
establishing biogas as a competitive alternative to conventional energy
sources.'

The broad product portfolio, which ranges from 190 KW plants to 4 MW
modules, means that EnviTec Biogas is ideally positioned to satisfy the
demand from farmers as well as institutional investors and energy companies
in Germany and abroad.

EnviTec Biogas AG covers the entire value chain for the production of
biogas - including the planning and turnkey construction of biogas plants
as well as their commissioning. The company provides the biological and
technical service and also offers the full plant and operating management.
In addition, the company also operates its own biogas plants. In Penkun, in
the German state of Mecklenburg-Western Pomerania, EnviTec constructed the
world's largest biogas park with an electrical connected load of 20
megawatts. Today, the company is represented in more than 14 countries
throughout Europe and as well in China and India. In 2007 EnviTec generated
revenues of EUR 132 million and EBIT of EUR 18 million. The EnviTec Group
has about 260 employees. Since July 2007 EnviTec is listed on the Prime
Standard segment of the Frankfurt Stock Exchange.

Investor Relations:
Joanna Rode
EnviTec Biogas AG
Tel: +49 44 42 80 65-118
E-Mail: [email protected]

Press contact:
Fabian Lorenz, Grit Pauli
HOSCHKE & CONSORTEN Public Relations GmbH
Tel: +49 40 36 90 50-56 /-31
E-Mail: [email protected], [email protected]

22.08.2008 Financial News transmitted by DGAP

Language: English
Issuer: EnviTec Biogas AG
Industriering 10a
49393 Lohne
Deutschland
Phone: +49 (0) 44 42 - 80 65 0
Fax: +49 (0) 44 42 - 80 65 103
E-mail: [email protected]
Internet: www.envitec-biogas.de
ISIN: DE000A0MVLS8
WKN: A0MVLS
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hannover, Hamburg, Düsseldorf, München, Stuttgart

End of News DGAP News-Service


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