Press release BoxID: 285245 (Enspar Biogas GmbH)

Enspar Biogas GmbH
Paderborner Straße 44
33181 Bad Wünnenberg, de
http://www.biogas-nord.de

Contact person

+49 (69) 743037-00

Changes to the Executive Board

(PresseBox) ( Bielefeld, 09-08-28 )

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- Matthias Kubat to stand down as CFO/COO
- Asnat Drouianov appointed new CFO

The Supervisory Board of BIOGAS NORD AG has accepted the request of current CFO, Matthias Kubat, to stand down with immediate effect. Mr Kubat is also relinquishing all his executive duties in BIOGAS NORD AG's foreign subsidiaries. The contractual relationship will be terminated to 31 August 2009. Mr Kubat intends to devote himself to new tasks and challenges in the future.

He has been replaced in the role of CFO of BIOGAS NORD AG by Ms Asnat Drouianov.

The Supervisory Board wishes to thank Mr Matthias Kubat for his work on behalf of BIOGAS NORD AG. Mr Kubat will provide consultation services to the company in the coming months.

Enspar Biogas GmbH

BIOGAS NORD AG is one of the largest technology suppliers in the biogas industry. The services provided by the enterprise and its more than 150 employees encompass all areas of biogas technology, from concept development, detailed planning, construction of facilities, to operations and support services. The Bielefeld enterprise has already grown significantly in the last few years. More than 180 biogas facilities have been planned, built or developed since 1995. Currently about 50 additional biogas facilities are in the construction, approval or planning phase in Germany, the Netherlands, Belarus, England, Italy, Spain and Poland. The electric power installed in BIOGAS NORD biogas facilities comprises more than 75 megawatts (MW), with which almost 200,000 households can be provided with electricity or heat from regenerative energy.

EBP is the Holding Company of the polish company BioPower. EBP holds the majority of the company's share. BioPower concentrates the activities for renewable energies in the group. BioPower intends to built and run a multitude of biogas plants with the know-how and technology of BIOGAS NORD in the next years. BioPower sees itself as a regenerative energy producer with the ambition to get market leader in Poland.

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