2G Energy AG

Company continues the consistent implementation of US market strategy. Production company 2G Manufacturing Inc. renamed as 2G Energy Inc.

(DGAP-Media / 06.08.2015 / 07:51)

- 2G Energy Inc. takes over all functions and tasks in US business:
production, sales and service available immediately on one-stop-shop basis

- 2G thereby benefits from Group synergy effects and gains greater impact
on this very important market

Heek, August 6, 2015 - 2G Energy AG (ISIN DE000A0HL8N9), one of the leading
German manufacturers of combined heat and power (CHP) systems, has
implemented further steps to strengthen its presence on the US market, as
announced.

The wholly-owned subsidiary 2G Manufacturing Inc., headquartered in St.
Augustine, is now operating under the new corporate name of 2G Energy Inc.
All sales, production and service activities - including those of a further
subsidiary 2G Cenergy Inc. - are being bundled within this entity. This
concentration now enables 2G Energy Inc. to offer its customers all
services on a one-stop-shop basis, and to profile itself on an enhanced
basis as an integral unit on the US market.

The Management Board of 2G Energy AG is of the view that this approach
signifies a consistent implementation of its strategy - following the
complete takeover of 2G Cenergy Inc. that was realized at the start of 2015
- of restructuring its profile on the American market, and of expanding the
company's sales base. This focusing of all tasks and responsibilities
within one company not only boosts the company's strength and impact, but
also results in expected synergies from the aggregation of the various
corporate areas, thereby exerting a positive effect on profitability.

According to planning at 2G Energy AG, the US market should develop in the
medium term into the largest international sales market for CHP systems
outside Germany. Considerable catch-up demand with regard to climate and
environment issues and topics exists in the USA, for instance. For this
reason, Barrack Obama's recently presented "Clean Power Plan" also targets
a significant reduction in CO2 emissions from coal power plants, which
currently generate 39 % of electricity in the USA. CO2 emissions from such
power plants are to be reduced by 32 % by 2030. This project would result
in the most stringent climate protection regulations in the USA to date,
feeding through to a further considerable increase in the potential for the
deployment of combined heat and power.



2G company portrait
2G Energy AG ranks among the world's leading manufacturers of cogeneration
(CHP) systems for decentralised energy production and supply by means of