AGO AG is assigned order in the amount of EUR 10.0 million

• Major order from Stadtwerke Kiel AG
• Entire implementation in 2011

Kulmbach, 31 January 2011: AGO AG Energie + Anlagen (cusip number: A0LR41, ISIN: DE000A0LR415) was assigned a major order by Stadtwerke Kiel AG. The order volume, including delivery of components, assembly and commissioning of the energy center is approximately EUR 10.0 million.

In detail, AGO AG contribute their know-how as an engineering service partner in the field of efficient energy solutions with two gas turbines with medium voltage generators, heat recovery boilers, high-pressure gas compressors and the corresponding safety-related analyses. The energy center’s electric power is in total 2 × 6 MW. There is 2 × 10t/h of high-pressure steam being generated as well as 2 × 3.0 MW of hot water. Construction is planned to start in June of 2011 and will be completed within this year.

„Again, we were assigned an order from a major regional energy supplier and can once more prove our expertise in the field of highly sensitive power station technology”, says Hans Ulrich Gruber, speaker of the Board 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.