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Anvers, Belgique, le 14 mai 2008 - Thenergo (" la Société "), cotée sur Alternext à Paris ("Code Mnémo : ALTHE) depuis le 14 juin 2007, a l'intention de réaliser une nouvelle levée de fonds par appel public à l'épargne (" l'appel public ") en Belgique et par un placement privé avec des investisseurs institutionnels en Belgique et en Europe, et de s'inscrire sur Euronext Bruxelles.
Thenergo, société internationale d'énergie renouvelable, est spécialisée dans le développement et l'exploitation de projets d'unités décentralisées de production d'énergie pour le compte de partenaires industriels, de clients tiers et du réseau. The Company is positioned as a multi-fuel green utility company, developing and operating an energy network using feedstocks such as biogas, natural gas, bio-oils, wood and secondary fuels. Thenergo is a one-stop provider of innovative, competitive and proven renewable energy solutions applying in-depth engineering and energy management capabilities from initial concept design through to the final selling of electricity.
The Company works with agricultural, industrial and public partners to design, engineer, construct operate and finance renewable energy projects. Thenergo's renewable energy value chain offers tailor-made energy solutions to its customers in the 1MWe to 50MWe project range.
Over the financial year 2007, Thenergo reported consolidated revenues of E20.8 million, up from E3.7 million in 2006. On the same basis, it reported a recurring EBITDA of E2.5 million as compared to E0.4 million in 2006, while profit amounted to E0.9 million in 2007 up from E0.1 million in 2006. The full impact of the Leysen acquisition (September 2007) and tse AG (January 2008) will be reflected in the 2008 figures.
Thenergo intends to use the net proceeds from the issue of the shares primarily to finance its organic and non-organic growth. The Company has a significant portfolio of new projects in its pipeline. Each of these projects is structured in separate project companies, whereby they are usually financed with a limited equity injection (around 20%) and a significant bank debt or external debt amount. The equity injections are provided by the Company or one of its subsidiaries (and its partners when applicable).
Besides this organic growth, Thenergo is also looking to further expand its business through strategic acquisitions in Europe. Expansion in its target markets is an important driver of the Company's strategy going forward.
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This announcement is not an offer to sell nor a solicitation of an offer to purchase shares. Investors should not subscribe for or purchase any shares referred to in this announcement except on the basis of information in the prospectus ("the Prospectus") to be published by the Company in connection with the offering. The Prospectus has been submitted to the CBFA for approval and is expected to be available in due course at the branches of the financial intermediaries involved in the offering.
Neither this announcement nor any copy of it may be taken into the United States of America, Canada, Japan or Australia or distributed or published, directly or indirectly, in the United States of America, Canada, Japan or Australia. Any failure to comply with this restriction may constitute a violation of US, Canadian, Japanese or Australian securities law. The securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in the United States or to or for the benefit of US persons (as such term is defined in Regulation S pursuant to the Securities Act) unless they are registered pursuant to the Securities Act or pursuant to an available exemption therefrom. No public offering of securities of Thenergo NV is being made in the United States of America.
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About Thenergo - Based in Antwerp, Belgium, Thenergo is a fast growing, fully integrated and independent developer and operator of sustainable energy projects using biogas, natural gas, bio-oil, woody biomass and secondary fuels.
Thenergo creates value for its partners and shareholders as a one-stop provider of sustainable energy solutions, transforming clean and renewable fuels into electricity and heat.
Since 14 June 2007, Thenergo has been listed on Alternext, Paris. (Ticker: ALTHE).
For more information, please contact:
Christophe Van Nevel
Chief Financial Officer
Tel + 32 3 292 97 05
[email protected]Graham Fairbank
Head of Communications
Tel + 32 3 292 97 01
[email protected]Gateway House, Brusselstraat 59 Avenue Louise 505, b2
B-2018 Antwerp B-1050 Brussels
Belgium Belgium
www.thenergo.eu
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