AGO AG Energie + Anlagen / Miscellaneous
17.03.2009
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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+++ The Federal Republic of Germany approves AGO AG's climate protection
program
+++ Germany's first joint implementation climate protection program with
focus on biomass utilization
+++ Tradable CO2 allowances and heat from wood chips
Kulmbach, 17 March 2009: AGO AG Energie + Anlagen (cusip number: A0LR41;
ISIN: DE000A0LR415), has started marketing their climate protection program
Eco-Plus* dated 27 February 2009 upon approval by the Federal Republic of
Germany as a contract party of the Kyoto Protocol. With this approval, the
Federal Republic of Germany authorizes AGO AG Energie + Anlagen to take
part in a project according to the Kyoto Protocol's Article 6.
AGO AG is the first contractor in Germany to have developed a joint
implementation project (collaborative implementation of climate protection)
with sole focus on biomass utilization. The approval was subject to the
Environment Agency's German Emissions Trading Authority as the competent
authority for joint implementation on federal territory by the Federal
Republic of Germany as host state.
'With our Eco-Plus climate protection program we are the pioneer in a
highly interesting market environment. It's our ambition to convince German
medium sized companies to convert their energy supply from fossil fuels to
regenerative alternatives by means of ecological criteria and economically
attractive conditions. This conversion makes the companies reduce their CO2
emissions and profit from emission allowances which they can sell at
lucrative conditions', says Hans Ulrich Gruber, CFO of AGO AG. 'Due to the
companies' ecological responsibility and the commercially attractive basic
conditions we are expecting an increasing demand for our technology
sustainably supporting climate protection', says Helmut Peetz, COO of AGO
AG.
The climate protection program is aiming at industrial customers and public
institutions in Germany and applies for energy centres with thermal outputs
of 400 Kilowatts to a maximum of 19.9 Megawatts.
In 2008 already, AGO AG's BOD convinced the former Federal Minister of
Economics Michael Glos as well as the new Federal Minister of Economics Dr.
Karl-Theodor Freiherr zu Guttenberg of the advantages of the Eco-Plus
climate protection program during a meeting in Kulmbach.
The official launch of the climate protection program called Eco-Plus
depended on a presentation by a participating partner. Therefore, one of
Germany's leading wheat beer breweries, Gebr. Maisel in Bayreuth, decided
to convert their energy centre to regenerative energies and chose AGO AG as
their climate protection partner in order to participate in the revenues
from emission allowances for saving carbon dioxide as of the operation of
the biomass heating station.
'AGO AG's range of services covers the entire life cycle of plant
construction and operation. Starting with consultancy when converting from
fossil fuels to regenerative alternatives, we also take care of the design,
construction coordination and operation of the energy centre. Furthermore,
we provide our clients with professional know-how on efficient raw material
management and on the settlement of trading emission allowances', says
Gruber.
*) ECo-Plus is a trademark applied for by AGO AG Energie + Anlagen
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@ago.ag
Investor Relations contact:
GFEI Gesellschaft für Effekteninformationen mbH
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 06
ir-ago@gfei.de
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.
Contact:
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@ago.ag
Investor Relations contact:
GFEI Gesellschaft für Effekteninformation mbH
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@gfei.de
DGAP 17.03.2009
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Language: English
Issuer: 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@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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DGAP-News: AGO AG Energie + Anlagen launches climate protection program
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