ARCHEA Biogas N.V.
ARCHEA Biogas N.V.: ARCHEA Biogas N.V. and strategic partners announce foundation of ARCHEA ITALIA SRL
ARCHEA Biogas N.V. / Miscellaneous 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. ---------------------------------------------------------------------- Eindhoven, April 18, 2008 – ARCHEA Biogas N.V., a full-scale provider of biogas plant facilities, is pleased to announce that the company and its four Italian partners have founded the new subsidiary ARCHEA ITALIA SRL. ARCHEA Biogas N.V. holds a stake of 40% in the company. The remaining shares are held by its strategic partners FOR-MA SRL, FIN.API SRL, ENERGATE SRL und INTERSIP SARL. The purpose of ARCHEA ITALIA SRL is the production, sale, planning, creation and management of renewable energy source production plants, in particular in the biomass sector in Italy. The conditions for energy production from biomass in Italy are currently very lucrative. For ARCHEA Biogas N.V. it is therefore highly attractive to enter this market with appropriately networked partners to gain a foothold more quickly. All of these partners are active in the marketing of energy production plants for many years: FIN.API SRL is a market leader for engine test beds and a major shareholder of the turbine producer Turbec, www.turbec.com. Turbec is a market leader for the production of micro gas turbines with an electric power of 100 kW to 500 kW. Currently, about 40 gas turbines are powered by biogas. The gas turbine is very attractive for ARCHEA because it can be utilised in small plants very efficiently. Compared to normal gas motors with inspection intervals of only 600 hours, the inspection interval for a gas turbine is about 6,000 hours. Thereby the life span of a gas turbine is about twice the time as for gas motors. Moreover, the gas turbine has a significantly higher thermal efficiency than the gas motor. FIN.API SRL provides the necessary know how and contacts in Italy to organise and manage the plant building with the local companies. ENERGATE SRL is a specialised planning office for supply engineering. Within the course of the strategic cooperation, ENERGATE SRL takes the responsibility for the marketing of ARCHEA biogas plants in the Emilia Romangna and Triveneto Region. FOR-MA SRL and INTERSIP SARL are both sales companies. FOR-MA SRL is responsible fort he marketing of ARCHEA biogas plants in the Lombardia and Piemonte Region. INTERSIP SARL undertakes the marketing of the plants in Middle- and South Italy. ARCHEA Biogas N.V. will provide the necessary know how and the support for the construction, operation, maintenance and service of the biogas plants. More information regarding the company can be found on the corporate website www.archea.de. For further information, please contact our investor relations team directly: ARCHEA Biogas N.V. Investor Relations T: +49 (0) 89 / 244118-415 F: +49 (0) 89 / 244118-499 info@archea.de About ARCHEA Biogas N.V. ARCHEA Biogas N.V. is involved in the field of regenerative energies. In cooperation with our business partners, we represent a full-service provider of biogas plants, covering the entire value creation chain in this sector. Our range of products and services spans from planning and financing to the subsequent manufacture to marketing and sales as well as to the servicing and maintaining of the plants. In building the plants, we use technology that has been independently developed and patented by ARCHEA. Projects during the 2006 fiscal year included 17 biogas plants with a total capacity of approximately 4.3 MW. A significant increase is anticipated in the 2007 fiscal year. Farmers finance biogas plants via fund management models and institutional investors. 18.04.2008 Financial News transmitted by DGAP ----------------------------------------------------------------------
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