AGO AG Energie + Anlagen: Construction and operation of biomass heating station in Upper Franconia

+++ Investment volume approx. EUR 3.0 million
+++ Annual sales revenue approx. EUR 1.4 million
+++ Common contract period of 15 years

Kulmbach, 27 February 2008: AGO AG Energie + Anlagen (SCN: A0LR41; ISIN: DE000A0LR415) announces the construction and subsequent operation of a biomass
heating station with an installed performance of 6 MWth in Upper Franconia. The investment volume for the erection of the energy centre amounts to approximately EUR 3.0 million. After completion of the biomass heating station in the beginning of next year, AGO AG Energie + Anlagen will gain sales revenues of at least EUR 1.4 million per year by heat supply. Over the 15 year contract period, the specialist for regenerative energy solutions is thus expecting total sales revenues of more than EUR 21.0 million. For the plant’s combustion processes wood chips from the Franconian region will be used.

„As supplier of industrial companies, AGO AG Energie + Anlagen is very well positioned. Within the past 8 months we could henceforth announce four major projects with a total investment volume of about EUR 11.0 million. The common contract period of at least 15 years provides planning reliability and high scalability. AGO AG Energie + Anlagen thus benefits from the ecologically useful decisions of their clients on the one hand and on the other hand allows for enormous cost savings for the consumer“, according to Helmut Peetz, COO of AGO AG Energie + Anlagen.

About AGO AG Energie + Anlagen

AGO AG Energie + Anlagen, with its registered office in Kulmbach, was founded in 1980 and is specialized in the area of innovative and efficient energy supply facilities for industrial customers and municipalities. Main focus of AGO AG Energie + Anlagen is laid on the following business divisions: plant development and implementation, as well as service and consulting. The core competence of the company mainly commits to thermal power stations, to heating, cooling and ventilation technology plant construction, biomass cogeneration plants and trigeneration. Site studies and development, consulting in energy efficiency, resource and fossil fuel management as well as emission trade management – these factors complete the business model. AGO symbolizes efficiency, security and technological competence of your energy supply facilities.