ARCHEA Biogas N.V.
ARCHEA Biogas N.V.: ARCHEA Italia S.r.l. concludes two further purchase contracts of more than 4 million Euros in January
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, 03 March 2009 - ARCHEA Biogas N.V., a full-service provider of biogas plants, herewith announces that its subsidiary, ARCHEA Italia S.r.l., has concluded two further agreements on the delivery and erection of biogas plants in Italy in January 2009. A system with an electric power of 250 kW is built in Enna, Sicily. The plant is operated with renewable raw materials and shall supply heat to a new industrial park at the foot of the Mount Etna. Operator of the plant is J. T. Dick S.r.l based in Enna. The second plant is located in Castelbelforte, approx. 8 km in the north-east of Mantova. Operator is Re-Energy Società Agricola S.r.l. A power of 700 kW will be achieved with the biogas plant that is operated with liquid manure, renewable raw materials and some cofermenters. The gas will provide power to seven 100 kW gas turbines from Turbec (www.turbec.de) via a microgas network. The gas turbines will be erected at locations which show a high demand of heat and high energy costs. ARCHEA Italia S.r.l. takes a share of 16% in the plant. The design and construction of the first Italian ARCHEA biogas plant started already in 2008 in Northern Italy, in the province of Ferrara. A second plant followed near Perugia in central Italy. Construction is planned to start in April/May. The necessary services, including the process biological support and maintenance, will be covered by ARCHEA Service GmbH. Oliver Nacke, board of directors of the ARCHEA Biogas N.V.: 'We founded ARCHEA Italia S.R.L. in April 2008. 10 plants were planned for the next three years. After less than a year we have an order backlog of 4 biogas plants with an investment volume of 6 million Euros.' Other employees of Archea Biogas N.V. will follow the sales manager Dirk Lewandowksy from Germany to Italy to provide support to Archea Italia S.R.L. in the construction, if necessary. Further information about ARCHEA can be found online at www.archea.de. For more information, please contact our Investor Relations Team directly: ARCHEA Biogas N.V. Investor Relations info@archea.de About ARCHEA Biogas N.V. ARCHEA Biogas N.V. works in the renewable energy sector, and, as a full-service provider of biogas plants together with cooperative partners, it covers the entire value chain in this field. The range of products and services reaches from planning and financing to the ensuing manufacture, and on to the marketing, service and maintenance of the plants. 03.03.2009 Financial News transmitted by DGAP ----------------------------------------------------------------------
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