Greenvironment enters into a cooperation with Polish municipal utility MEC Kolobrzeg

Greenvironment enters into a cooperation with Polish municipal utility MEC Kolobrzeg

ID: 83419

(firmenpresse) - Berlin, 3rd November 2011 - Greenvironment Plc (WKN: A1JLT1 / Symbol: GIV1) is pleased to announce that it has entered into a cooperation with Polish municipal utility Miejska Energetyka Cieplna Kolobrzeg Spolka z o.o. (MEC Kolobrzeg) for the installation of microturbines in the Kolobrzeg region. It is planned to put a C200 microturbine (200 kWel) into operation as a pilot plant already in spring 2012.

Kolobrzeg has approximately 45,000 inhabitants and is situated in north-western Poland on the south coast of the Baltic Sea. MEC Kolobrzeg (http://www.mec.kolobrzeg.pl) is a district heating company founded in 1973 and operating in Kolobrzeg with a production capacity of 113 MWt. In 2010, MEC Kolobrzeg sold more than 800,000 GJ heat and is heating 1.2 million square meters of flats and houses. Each year the area is growing by 5 to 10 percent due to the new investments in the Kolobrzeg area.

Mr. Mariusz Dziura, CEO of MEC Kolobrzeg, said: “After long consideration we decided to go more into distributed CHP production. We have seen and evaluated Greenvironment’s power plants in Schmalkalden and based on these experiences we are confident that we have chosen the best technology partner to set the course for the future of the Kolobrzeg area.”

Sebastian Hampel, Managing Director of Greenvironment Poland sp. z o.o., states: “In the Baltic Sea area, there is a big potential for small microturbine CHP units because those are ideally suited for more than 100 four- and five-star Baltic Sea hotels with high baseload need throughout the year. The next project which is currently under review between Greenvironment and MEC Kolobrzeg is a C65 project for the first five star hotel on the Baltic Sea.”


About Greenvironment

Greenvironment is a European company active in the decentralized energy generation market which plans, builds and operates cogeneration heat and power plants (CHP). The company offers CHP plants in a power range of 30 kWel to 4 MWel and is a market leader in the use of innovative microturbine technology in electricity generation from biogas and natural gas. Greenvironment is an important distribution and technology partner of Capstone Turbine Corp. (Nasdaq: CPST), the world-market leader in the production of microturbines.





Microturbines benefit from high availability, low maintenance requirements, low emissions, favourable EEG and KWKG bonus compensation and flexible heat utilization. All Greenvironment CHP plants are operated by a highly efficient centralized process management system at the operations centre in Berlin. See also the new CEO Blog in the investor relations sections of our website www.greenvironment.com.

For further information:

Michael Gawenda
CFO Greenvironment Plc
Tel.:+49 (0)30 311 6712 30
Fax:+49 (0)30 311 6712 59
E-Mail: IR(at)greenvironment.com


LEGAL DISCLAIMER
This publication serves information purposes only and constitutes neither an offer to sell nor a solicitation to buy any securities of Greenvironment Plc. This press release contains forward-looking statements based on the beliefs of Greenvironment management. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend", "plan" and "project" are intended to identify forward-looking statements. Such statements reflect the views of Greenvironment as of the date made with respect to future events and are subject to risks and uncertainties. Many factors could cause actual results to be materially different from those projected here, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Greenvironment disclaims any intention or obligation to update these forward-looking statements.

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Bereitgestellt von Benutzer: irw
Datum: 03.11.2011 - 06:26 Uhr
Sprache: Deutsch
News-ID 83419
Anzahl Zeichen: 4096

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