DGAP-News: AGO AG Energie + Anlagen is awarded a contract for a biomass cogeneration plant in Italy
(firmenpresse) - AGO AG Energie + Anlagen / Miscellaneous
12.08.2010 07:46
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Corporate News dated 12 August 2010
AGO AG Energie + Anlagen is awarded a contract for a biomass cogeneration
plant in Italy
+++ Investment volume amounts to approx. EUR 7.0 million
+++ Annual revenue of EUR 2.5 million for special purpose entity
+++ Operational perspective in Italy: four further biomass cogenerations
plants in 2011
Kulmbach, 12 August 2010: AGO energia srl., a subsidiary of AGO AG Energie
+ Anlagen (cusip number: A0LR41, ISIN: DE000A0LR415) was awarded a further
contract for the construction and operation of a biomass cogeneration plant
in Italy. The investment volume for the construction of the energy center
situated in Santa Luce, Tuscany, amounts to approximately EUR 7.0 million.
The construction permit was obtained in the beginning of August 2010, which
indicates that construction is very likely to start this year. The biomass
cogeneration plant's turnover from supplying heat and feeding electricity
into the public grid annually amounts to about EUR 2.5 million. Within the
15 year contract period, about EUR 37.5 million of sales revenues will be
generated.
The new biomass cogeneration plant in the Italian region of Tuscany will be
furnished with a combustion capacity of 5.95 MW and an electric capacity of
0.99 MW. The plant will be fired with wood chips from the province of Pisa.
'Within one year, we managed to obtain the construction permit for the
biomass cogeneration plant in Santa Luce. So there are currently two
projects being implemented in Italy. We are still having numerous
discussions with potential industrial clients and Italian local politicians
are still highly interested in ecological and economical regenerative
energy solutions made by AGO. For the year 2011 we are currently expecting
four more biomass cogeneration plants to come', says Hans Ulrich Gruber,
speaker of the Board of AGO AG Energie + Anlagen.
About AGO AG Energie + Anlagen:
The company with company headquarters in Kulmbach which was founded in 1980
is a specialist in the area of innovative and efficient energy supply and
facilities. AGO AG focuses on the three business segments project
development and implementation, operation of facilities as well as service&consulting. The company's core competences are mainly biomass
cogeneration plants, cogeneration plants, heat and refrigeration plants,
trigeneration as well as contracting. Location studies / location
development, energy efficiency consulting, raw material and fuel management
as well as emissions trading round off the business model. AGO stands for
efficiency, reliability and technological competence for your energy supply
plants.
Company contact:
AGO AG Energie + Anlagen
Am Goldenen Feld 23
D-95326 Kulmbach
www.ago.ag
T. +49 (0) 9221 602 0
F. +49 (0) 9221 602 149
ir-ago(at)ago.ag
Investor Relations contact:
GFEI Aktiengesellschaft
Marcus Kapust
Hamburger Allee 26-28
60486 Frankfurt am Main
www.gfei.de
T. +49 (0) 69 743 037 00
F. +49 (0) 69 743 037 22
ir-ago(at)gfei.de
12.08.2010 07:46 Ad hoc announcement, Financial News and Press Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------
Language: English
Company: AGO AG Energie + Anlagen
Am Goldenen Feld 23
95326 Kulmbach
Deutschland
Phone: +49 (0)9221 602-0
Fax: +49 (0)9221 602-149
E-mail: info(at)ago.ag
Internet: http://www.ago.ag
ISIN: DE000A0LR415
WKN: A0LR41
Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Entry Standard
in Frankfurt
End of News DGAP News-Service
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Datum: 12.08.2010 - 07:46 Uhr
Sprache: Deutsch
News-ID 31977
Anzahl Zeichen: 0
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Kategorie:
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