VERBIO sells a part of its non-core wind park business

VERBIO Vereinigte BioEnergie AG / Miscellaneous

09.02.2010 08:00

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Leipzig/Zörbig, February 9, 2010: VERBIO Vereinigte BioEnergie AG (VERBIO)
sold eight of its total fifteen wind mills. Besides the own wind mills,
VERBIO operates 51 leased ones, whereof the leasing contracts for 23 wind
mills expired with the turn of the year 2009/2010.

In 2008, VERBIO achieved revenues from the feed-in of generated electricity
by wind mills in the amount of EUR 20.1 million and an EBIT of EUR 0.9
million. As of September 30, 2009 revenues stood at EUR 12.2 million
(30.09.2008: EUR 14.2 million) and in the same period EBIT amounted to EUR
0.2 million (30.09.2008: EUR 0.5 million). With the sale of five wind mills
in the fourth quarter 2009, VERBIO achieved earnings of EUR 2.2 million.
Tree further plants have been sold in January 2010 generating profit of EUR
0.5 million.

'The operation of wind parks does not belong to VERBIO's core business.
Because of the fact, that the interest of investors to get involved in the
renewable energies market, especially in the wind sector, is very high at
the moment, we take advantage of this favourable situation to sell our own
plants.', said Claus Sauter, CEO of the VERBIO AG.
  
About VERBIO Vereinigte BioEnergie AG (VERBIO)
VERBIO is one of the leading producers and suppliers of biofuels and also
the only industrial-scale producer of biodiesel and bioethanol in Europe.
Nominal capacity amounts to around 450,000 tons of biodiesel and 300,000
tons of bioethanol per year. Currently, VERBIO is realizing biogas projects
to make use of the residual materials of the bioethanol production. The
company has developed its own processes and innovative technologies for the
production of biodiesel, bioethanol and biogas. It supplies its products
directly to European mineral oil corporations, mineral oil traders,
independent gas stations and haulage companies. VERBIO AG also markets
high-quality pharmaglycerin for the consumer goods and cosmetic industries
(glycerine is a by-product of biodiesel production). Within the Group,
VERBIO AG acts as the management holding company. The Group's operating
business is run by its subsidiaries: VERBIO Diesel Bitterfeld GmbH & Co.
KG, VERBIO Diesel Schwedt GmbH & Co. KG, VERBIO Ethanol Zörbig GmbH & Co.
KG, and VERBIO Ethanol Schwedt GmbH & Co. KG.



VERBIO Vereinigte BioEnergie AG
Augustusplatz 9
04109 Leipzig

Anna-Maria Schneider
Investor Relations
Phone: +49(0)341/30853094
Fax: +49(0)341/30853098
Email: ir@verbio.de 

Sandra Haacker
Public Relations
Phone: +49(0)341/30853063
Fax: +49(0)341/30853099
Email: pr@verbio.de 




09.02.2010 Ad hoc announcement, Financial News and Media Release
distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      VERBIO Vereinigte BioEnergie AG
              Augustusplatz 9
              04109 Leipzig
              Deutschland
Phone:        +49 (0)341 30 85 30 90
Fax:          +49 (0)341 30 85 30 98
E-mail:       ir@verbio.de
Internet:     www.verbio.de
ISIN:         DE000A0JL9W6
WKN:          A0JL9W
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, München, Stuttgart
 
End of News                                     DGAP News-Service
 
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