The Management Board of BGS Energy Plus announces that its fully-owned subsidiary BGS Biogas a.s. on 19th September 2011 signed a contract for construction of a biogas plant of 800 kW located in Malešov u Hoštky, Czech Republic with Agro Hoštka, a.s. The plant is scheduled to be built by Q2 2012.
The total contract value is CZK 103 500 000 (EUR 4 228 000).
BGS Energy Plus and its board members are unrelated to the principals of Agro Hoštka, a.s.
Legal basis: § 3 ust.2 point 2 of the Appendix 3 to Resolution No. 733/2009 of the Warsaw Stock Exchange