Jadeberg Partners AG
Mountain Cleantech AG: Mountain Cleantech Fund II invests in Geppert GmbH, one of the leading producers of electromechanical equipment for small hydro power plants

PRESS RELEASE

Mountain Cleantech Fund II invests in Geppert GmbH, one of the leading producers of electromechanical equipment for small hydro power plants

– Mountain Cleantech leads EUR 15m financing round

– Growth financing triples production capacity and creates 30 new jobs

– Support of internationalization into the Balkans, South America and South-East Asia

Zurich, 5^th February 2013 – Mountain Cleantech Fund II (MCF II) has completed an investment in a leading Austria-based provider of complete small hydroelectric power plants, Geppert GmbH. The firm, which is headquartered in Hall in Tirol, Austria, was founded in 1896 and is now in its fourth generation of family ownership. Being one of the longest established players in its industry, Geppert can look back on a global reference list of more than 3,000 small hydro projects. The company has developed a market reputation for superior product quality, solid craftsmanship and constant product innovation.

Over the last years, the company has systematically internationalized its activities and is now looking to significantly increase its production capacity. Mountain Cleantech has led a syndicate including Austria Wirtschaftsservice GmbH (aws), various banks and others, to provide more than EUR 15m in equity and debt growth financing for a new 10,000 square meter manufacturing and office facility as well as for cutting edge production machinery. The financing will also allow Geppert GmbH to continue its rapid international growth.

Mountain Cleantech Founder and Managing Partner – Jürgen F. Habichler – has joined Geppert’s board to support the company’s continued growth. He commented: ‘Geppert’s impressive reference list and reputation for flawless execution and product quality will enable the company to exploit the significant growth potential in the global small hydro market, particularly in Turkey, Emerging countries in the Balkan region, Latin America and South-East Asia.’

Guntram Geppert, owner and CEO of Geppert GmbH, commented: ‘The cooperation with Mountain Cleantech is a milestone for our 117 years old family owned business. We have been impressed by the entrepreneurial, hands-on spirit and commercial acumen of the Mountain Cleantech team. This growth capital financing will enable us to continue our successful international expansion in new, emerging markets whilst further strengthening our market position in Central Europe.’

Bernhard Sagmeister, CEO of aws, commented: ‘The Austrian national promotional bank Austria Wirtschaftsservice (aws) invested in Mountain Cleantech Fund II as part of the Austria Cleantech Initiative. I am very pleased to see this investment supporting the promising sector of renewable energy production. The Austria Cleantech Initiative is carried out by aws on the initiative of the Minister for Economic Affairs Mr. Mitterlehner.’

About Mountain Cleantech

Mountain Cleantech (www.mountain-cleantech.ch) was founded in 2007 and is headquartered in Zurich, Switzerland with additional offices in Austria, Germany and Sweden. It is the Investment Advisor of Mountain Cleantech Fund II, which focuses on growth equity investments within the Sustainability investment theme in the German-speaking and Scandinavian regions. Since its inception, the team has invested in numerous innovative Cleantech companies, including Grünspar GmbH, Sinosol AG, reBuy reCommerce GmbH and SiC Processing AG.

About Geppert GmbH

Geppert GmbH (www.geppert.at) is a leading Austrian provider of complete electromechanical equipment for small hydroelectric power plants, including the manufacturing of Pelton-, Francis-, Diagonal- and Kaplan Turbines and inlet valves. The company was founded in 1896 and is located in Hall in Tirol, Austria. Geppert’s services include small hydro project consultancy, turnkey project design for electromechanical equipment for small hydro power plants and new turbine development, plant maintenance and after-sales service, plant repair and upgrading and refurbishment of existing power plants.

About Austria Wirtschaftsservice GmbH (aws)

Austria Wirtschaftsservice (aws; www.awsg.at) – the Austrian national promotional Bank – offers financial assistance and consultancy for innovative companies, from the pre-seed phase up to the expansion stage. Aws-instruments include low-interest erp-loans, grants, equity and guarantees.

Contact:

Jürgen F. Habichler

Managing Partner

Phone: +41 44 78 38 041

Email: contact@mountain-cleantech.ch

Website: www.mountain-cleantech.ch