DGAP-News

2G Energy AG: Strengthening international market presence through partner concepts

DGAP-News: 2G Energy AG / Key word(s): Alliance
2G Energy AG: Strengthening international market presence through partner
concepts

06.09.2016 / 09:24
The issuer is solely responsible for the content of this announcement.

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2G Energy AG: Strengthening international market presence through partner
concepts

- Sales partnership with Penn Power Group bolsters US market presence

- UK and Ireland: Cooperation with Veolia bears fruit

- Gratifying demand trend and good order book position in Japan

- 5 MW order in UK commissioned successfully

- EU Commission gives state subsidy law approval to German Cogeneration
Act (KWK-G) up to 1 MWel

2G Energy AG (ISIN DE000A0HL8N9), one of the internationally leading
manufacturers of gas driven combined heat and power (CHP) plants, has
signed a sales partnership agreement with Penn Power Group ("PPG"),
Philadelphia (Pennsylvania), to further tap the North American market.
Through its subsidiaries Northeast Energy Systems and Western Energy
Systems, the Penn Power Group sells several manufacturers' gaseous fuel-
operated energy generation plants in the northeastern and western states of
the USA respectively. Feasibility studies, extensive plant system
integration at customers' sites, and service and maintenance augment the
Penn Power Group's offering. PPG expands its product portfolio with highly
efficient 2G power plants in the lower and mid performance range. A study
of potentials that the US Department of Energy (DOE) published in March
2016 forecasts capacity potential of around 85 GWel, especially in the 50
kWel to 5 MWel capacity ranges for industrial and commercial applications.
Through expanding its sales and service network with PPG, 2G aims to
further grow its market shares in biogas and natural gas driven CHP systems
on the North American market.

UK and Ireland: successful cooperation with Veolia
The cooperation agreed upon by the end of 2015 between 2G and Veolia in the
United Kingdom and Ireland proves to be successful. Until today ten orders
with an overall value of about 2 million EUR have been generated with the
collaboration of Veolia. The cooperation benefits from both parties
excellence where 2G delivers its CHP power plants up to an electrical
performance of 4.4 MW and Veolia undertakes sales, service and project
management especially in the UK market. In addition, Veolia's worldwide
corporate network contributes to the cooperation's success as 2G receives