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@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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