ARCHEA Biogas N.V.
ARCHEA Biogas N.V.: ARCHEA Italia S.R.L. announces construction of two biogas plants and signing of a new contract in the San Severo region
ARCHEA Biogas N.V. / Miscellaneous 10.08.2010 12:11 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Waalre, August 10, 2010 - ARCHEA Biogas N.V., a full-service provider of biogas plants, hereby announces that, after initial difficulties with permissions and financing - resting on the peculiarities of the local legal situation - its subsidiary ARCHEA Italia S.R.L. is now building two biogas plants in the region of Ferrara and San Fortunato with a total order volume of approx. EUR 2.3 million. The basements have been completed last week. In the 35th calendar week there will be two fermenter transports taking place from Germany via Brenner Pass to Italy. Both biogas plants are fed with agricultural waste and renewable primary products. Also, ARCHEA Italia S.R.L. holds a 15% stake in the biogas plant in Ferrara. Due to the physical proximity to the office in Cento, ARCHEA Service will also install its laboratory and its service point at this biogas plant. The biogas plant will also contain two gas turbines from the company Turbec. The biogas plant in San Fortunato will be equipped with a block heating station from the company 2G Energietechnik. Both biogas plants will be put into operation in September. Further information about the construction progress is available at the website www.archea-biogas.de/bildergalerien. Moreover, the company has signed a contract for a biogas plant for the fermentation of agricultural waste and renewable primary products in the San Severo region with a total order volume of EUR 1.3 million. For further information please refer to our website www.archea-biogas.de. For further questions please contact: ARCHEA Biogas N.V. Investor Relations T: +49 (0)89 / 244118-411 F: +49 (0) 89/ 244118-499 info@archea-biogas.de 10.08.2010 Ad hoc announcement, Financial News and Press Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de ---------------------------------------------------------------------------
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