ARCHEA Biogas N.V.
ARCHEA Biogas N.V.: ARCHEA Service GmbH wins new service contracts
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, 10 August 2009 - ARCHEA Biogas N.V., a full-service provider of biogas plants, herewith announces that its subsidiary ARCHEA Service GmbH signed two service contracts with Nachhaltige Energien GmbH & Co. Biogas KG, a Abakus group company. The contracts for the biomass plant in Quenstedt comprise the general management of the plant as well as consignment of substrates. The service contract covers all work related to the operational side, service and maintenance as well as the biological and technical operation of the 499 kW plant which was built based on the highly efficient ARCHEA technology. The duration of the contract is 20 years. As the general substrate supplier, ARCHEA will also be responsible to deliver an assigned quantity of the required substrates. Rates and quantities have been fixed in the contract for ten years. The biomass plant is designed to deliver 3.9m kWh per year and can serve more than 1 000 three people households. The generated energy will be fed into the Envia electricity network and reimbursed after the rates of the renewable energy law. This contract is a great opportunity for ARECHEA to secure long term cooperation's with an important company in the renewable energy industry. Furthermore, ARCHEA is very pleased about the trust of the Abakus group in the long term business relationship and is looking forward to possible future projects. For further information please contact: ARCHEA Biogas N.V. Investor Relations T: +49 (0) 89 / 244118-411 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. 10.08.2009 Financial News transmitted by DGAP ----------------------------------------------------------------------
Latest News
Latest Reports
No Reports found
Upcoming Events
No Events found
Webcasts
No Webcasts found