ARCHEA Biogas N.V.
ARCHEA Biogas N.V.: Subsidiaries of ARCHEA Biogas N.V. and ME-LE Group have founded ARCHEA ME-LE Anlagenbau GmbH
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, June 12, 2008 – ARCHEA Biogas N.V., a full-scale provider of biogas plant facilities, hereby announces that its subsidiary ARCHEA Biogastechnologie GmbH and its strategic partner ME-LE GmbH & Co. Wärmeservice KG have founded the new subsidiary ARCHEA ME-LE Anlagenbau GmbH. The ARCHEA Group holds a stake of 51% in the newly formed company. The remaining share is held by ME-LE GmbH & Co. Wärmeservice KG. The company with its registered office in Torgelow, Mecklenburg-Vorpommern, will be responsible for the manufacture and construction of ARCHEA biogas plants. With the foundation of this new subsidiary the already envisaged strategic cooperation with the ME-LE Group (www.me-le.de) is now successfully implemented. ME-LE Group is an experienced and renowned partner, supporting the planned future growth of ARCHEA also with respect to capacity aspects. Moreover, ME-LE Group is operating own subsidiaries with a respective contact network in Eastern Europe and thus can also foster ARCHEA Group in accessing these markets. ME-LE Group was founded in 1990 and is a high-performance, future-oriented network of companies, generally active in the field of technical service. Today, due to its high potential of entrepreneurial performance and professionalism, ME-LE is an international acting group of companies. With its TOTAL QUALITY MANAGEMENT (TQM) the company is able to meet the highest expectations of its clients, environment and society. The subsidiary ME-LE GmbH & Co. Wärmeservice KG offers a broad range of competent and comprehensive services in the field of heat supply. The company acts as constructor, operator, heat supplier and investor for complete heat supply facilities. The company is a full service provider in the heat supply market covering the whole range of services from the planning and financing through construction to operation and maintenance. Given its long-term experience and a great number of satisfied customers, especially local authorities, housing companies and the German Federal Armed Forces as well as charitable organisations and private businesses, ME-LE GmbH & Co. Wärmeservice KG is a strong and reliable partner. 'With the foundation of ARCHEA ME-LE Anlagenbau GmbH we have now realised our carefully planned entry to the renewable energy market. The excellent technology of the ARCHEA biogas plants and our long-term experience in the area of plant construction and in the East European market create valuable synergies for both partners. The first concrete projects in Italy, Poland and Germany will presumably be started already in the course of the current year.' comments Dietrich Lehmann, Managing Director of ME-LE GmbH & Co. Wärmeservice KG. 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. Farmers finance biogas plants via fund management models and institutional investors. 12.06.2008 Financial News transmitted by DGAP ----------------------------------------------------------------------
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