Ventegis Capital AG
Ventegis Capital AG: Press release of FCPR Demeter 2 and ECO Investors Germany GmbH
Ventegis Capital AG / Key word(s): Enterprise/ 16.06.2011 / 12:16 Schnell Motoren AG a leading manufacturer of CHP plants secures growth financing from Demeter 2 and ECO Investors - First investment of ECO Investors a venture capital fund dedicated for cleantech companies in Germany One of the leading German manufacturers of CHP plants, the company SCHNELL Motoren AG, has just completed a financing round that will allow its development for the years to come: The venture capital fund DEMETER 2 and ECO Investors have made public their joint investment of EUR 10 M in the company SCHNELL Motoren AG, an operation in which the venture capital fund DEMETER 2 is lead investor. This funding will allow the company to continue its development particularly abroad. 'We are pleased to have found in ECO Investor and DEMETER Partners two investors specializing in the renewable energy sector, 'says Hans Jürgen SCHNELL, SCHNELL Motoren AG CEO. We are convinced that the time is right to commit ourselves in the area of decentralized generation of renewable energy. Our investors share this vision and we look forward to our future cooperation. ' Since the early 90s, the company SCHNELL prevailed in the biogas sector in Germany. Today the company holds the leadership in the production and marketing of dual fuel engines for decentralized power generation. Because of its physical and thermodynamic properties, Dual Fuel technology is particularly suitable for combustion of lean gases (biogas, mine gas, landfill gas). SCHNELL modules are characterized by very good electrical efficiency and by the flexibility in the acceptance of the variety of quality inputs. Michel Leistenschneider, Investment Director at Demeter Partners Berlin: 'The quality of their performance and the flexibility of their use make the engines of company particularly well suited to take a central role in the promising market of decentralized production of renewable electricity. After a remarkable success in Germany, our investment in the company provides strong support for the international development projects of SCHNELL Motoren AG. Dr. Stephan Beyer, Managing Partner of ECO Investors adds: 'ECO Investors is an investment fund specializing in environmental technologies and renewable energies in the German market. We are supporting leading technology companies with sustainable venture capital for growth financing. Our aim is to invest into minority stakes. SCHNELL Motoren AG has demonstrated through its advanced technology and its interest in suiting the needs of users that it could successfully address the international markets. With SCHNELL, we could identify, for the first investment of our fund, a company that perfectly reflects our strategy. ' Advisors to the investors: Karla Gubalke GÖRG Rechtsanwälte (Legal), Georg Dukek, Dr. Maren Graefe, Dr. Stephen A. Hecht, Prof. Dr. Claus Hertford, P.W.C. Hamburg, (Financial and Tax Due Diligence) Advisors to the company: Dr. Dagmar Knigge: Heussen Rechtsanwälte (Legal) About SCHNELL MOTOREN AG: Throughout its existence, SCHNELL has already provided more than 1,500 customers in Germany and abroad. More than 2,500 SCHNELL engines are now operating in over 20 countries on four continents. SCHNELL built engines with capacities ranging from 40 KW to 1.2 MW (electrical performance). The company has an experience of over 20 years in the planning and construction of small cogeneration plants; the main markets are consumers and farmers. An important element of the degree of customer satisfaction is the after sales service, to which management attaches particular importance. The company headquarters is located in AMTZELL in Baden-Württemberg. It has two commercial branches: One in Rodewald in Lower Saxony (near Hannover) and the other in Bruntal, Czech Republic. About DEMETER PARTNERS: Demeter Partners, an independent management company founded in 2005, manages two equity funds totaling EUR 310 million, dedicated to SMEs in eco-industries (water, waste, air, soil ...) and eco-energies (renewable energies , Energy efficiency, green buildings, clean transportation ...) located mainly in France, Germany and Spain. Through the Funds it manages, Demeter Partners takes substantial minority participations which allow it to establish a close relationship with the executive team and to offer them the support of an experts' network, research organizations and government agencies that surround it. Demeter Partners Funds are sponsored by CDC and IFP New Energy and subscribed by some twenty French and foreign institutional investors. The company currently has offices in Paris, Berlin and Madrid. About ECO INVESTORS, GERMANY: Eco Investors, created at the initiative of VENTEGIS Capital AG, is an investment fund specializing in environmental technologies and renewable energy. ECO Investors, based in Berlin, invests in technology companies wishing to develop their portfolio and / or expand internationally. ECO Investors is active in the German speaking countries. Contacts SCHNELL Motoren AG Frau Kerstin Mohr Assistent to the CEO Postfach 11 52 D-88277 Amtzell Tel.: +49 7520 9661-802 k.mohr@schnellmotor.de www.schnellmotor.de ECO Investors Dr. Stephan Beyer Managing Partner Kurfürstendamm 119 D-10711 Berlin Tel: +49 30 890 21 180 sbeyer@eco-investors.de www.eco-investors.de DEMETER Partners Michel Leistenschneider Investment Director 7/ 9 rue de la Boetie F-75008 Paris Tel + 49 30 890 68 296 8 michel.leistenschneider@demeter-partners.com www.demeter-partners.com End of Media Release --------------------------------------------------------------------- 16.06.2011 Dissemination of a Press Release, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Ventegis Capital AG Kurfürstendamm 119 10711 Berlin Deutschland Phone: 030-89 021 180 Fax: 030-89 021 189 E-mail: info@ventegis-capital.de Internet: www.ventegis-capital.de ISIN: DE0003304333 WKN: 330433 Listed: Freiverkehr in Berlin; Open Market in Frankfurt End of News DGAP-Media --------------------------------------------------------------------- 128783 16.06.2011
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