BGS Energy Plus announces the signature of a contract for the sale of electricity from the Cihost plant

The Management Board of BGS Energy Plus announces that its fully-owned subsidiary Energy produkt plus s.r.o. on 8th November 2011 has signed the contract with ARBUSTRADE, s.r.o. for the sale of produced energy in the Cihost biogas plant.

The agreed price of the produced energy is 1250 CZK/MWh (EUR 49/ MWh) – valid till the end of this year, which is significantly higher than the price agreed in 2010 for 2011 that was 1070 CZK/MWh (42 EUR/ MWh).

Legal basis: Article 3, Section 2 point 2 of Exhibit 3 of the Alternative Trading System Rules of the Warsaw Stock Exchange Management Board.