Lohne/Saerbeck, 6 October 2022 "It's the first biomethane purchasing contract we've signed," says Olaf von Lehmden, CEO of EnviTec Biogas AG. To date, EnviTec has only marketed biomethane from its own plants. Von Lehmden is talking about the agreement recently inked with NRW-based Loick Bioenergie GmbH for the delivery of the green energy all-rounder biomethane. "We're very pleased to have found a reliable and highly innovative partner in EnviTec, whom we already know well from our many years in the biogas industry," says Olaf Brandes, Commercial Director at Loick Bioenergie GmbH. The agreement covers the supply of a total of 90 GWh of biomethane per year from the three biogas plants operated by Loick Group in Heiligengrabe, Hennstedt and Hünxe. The total contract value is more than EUR 100 million.

Most of the biomethane supplied will be used from 2024 onwards as an input for the bio-LNG liquefaction plant operated by BALANCE EnviTec Bio-LNG in Berlin-Ahrensfelde. "The future's bright for plant operators with our most recent joint venture," says Markus Pille, Managing Director of EnviTec Energy GmbH & Co. KG and BALANCE EnviTec Bio-LNG GmbH. "Our customers can either sell their biomethane to EnviTec directly or utilise our liquefaction plant capacity and then market the resulting bio-LNG product themselves."

Loick is already a customer of EnviTec's plant construction division and two of its plants are now being fitted with the innovative EnviThan gas upgrading system from EnviTec. Loick Bioenergie GmbH currently operates biogas plants in several German states with a total nominal output of roughly 30 MWel. The Group is now starting to convert its power generation plants to biomethane plants. As a long-term buyer for the biomethane produced, EnviTec provides the planning security needed for this project.

About EnviTec Biogas AG

EnviTec Biogas AG covers the entire value chain for the production of biogas, including the planning and turnkey construction of biogas plants and biogas upgrading plants as well as their commissioning. The company takes charge of biological and technical services on demand and also offers operational management. EnviTec operates 89 own plants, making it one of the largest biogas producers in Germany. EnviTec's business activities also include the direct marketing of processed biomethane as well as the marketing of electricity and balancing energy. With a presence in 16 countries worldwide, EnviTec Biogas AG is represented by its own companies, sales offices, strategic partners and joint ventures. In 2021, the EnviTec Group generated revenue of EUR 262.4 million and EBT of EUR 23.3 million. The Group currently employs 531 people. EnviTec Biogas AG has been listed on the Frankfurt Stock Exchange since July 2007.

Contact:
Katrin Hackfort
EnviTec Biogas AG
Phone: +49 25 74 88 88 - 810
Email: k.hackfort@envitec-biogas.de

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EnviTec Biogas AG published this content on 06 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 October 2022 13:41:02 UTC.