Press Release Leading Biogas Company Delivers Again: Stinking Waste Becomes Clean Energy, Act 9 The TBEC TCP2 Biogas Project started commercial operations on 14, August, 2015. The 4.2 MWe project is TBEC´s second large-scale biogas plant adjacent to Tha Chang Group in Surat Thani, Thailand. The project is implemented by TBEC under a Build, Own, Operate, Transfer (“BOOT”) structure. In accordance with the BOOT terms, TBEC is responsible for the design, engineering, finance, construction and operation of the Biogas Power Plant. TBEC shares the revenues of the project with Tha Chang Group. The combined capacity of TBEC two biogas projects at the same location is 7 MW. In addition to producing electricity, the projects efficiently treats the wastewater, significantly reduces air emissions and eliminates the smell of open ponds to the benefit of local communities. The completion of this project raises TBEC annual emissions reductions to 400 000 per year, which is equivalent to taking 135 000 cars from the road. The project is the 9th biogas project by TBEC further strengthening TBEC position as leader in the biogas market in the Mekong region. The project was completed within a year and within the budget of THB 200 million. The project was fully financed by ICBC Thai, with a guarantee from GuarantCo. TBEC is owned by Private Energy Market of Finland and Al Tayar Energy of Morocco. Mr Gustaf Godenhielm, Managing Director of Thai Biogas Energy Co.,Ltd., said: “This second project is a testament to our good relations with Tha Chang Group, and would not have been possible without the successful track record of the first project. We are proud to have the highest electricity generation efficiency in the biogas sector thanks to the use of exhaust gases of the generators to generate extra electricity in an Organic Ranking Cycle. ” About Thai Biogas Energy Company Thai Biogas Energy Company Limited (“TBEC”) was incorporated in Thailand in 2003. It is now the leading biogas energy investor and operator in the Mekong region and one of the largest biogas firms in the world. TBEC has implemented nine power plant projects, which produce c. 56 million nm3 of biogas or 112 GWh equivalent of biogas annually. TBEC produces clean fuel and green electricity from agro-industry wastewater. Each project protects water resources, and the health and livelihood of locals, as well as improves air quality and reduces GHG emissions. As Southeast Asia’s leading biogas company, TBEC is committed to ISO 9001, ISO 14001, OHSAS 18001 and IFC guidelines in its activities. TBEC is funded by Private Energy Market Fund L.P. (PEMF), Al Tayyar Energy (ATE), Finnfund, Bio-Invest, GuarantCo, and ICBC (Thai). For more information contact Ms. Patcharapan E-mail:[email protected] Tel.:+66(0)250-9148 ext 26 _____________________________________________________________________________________________ Thai Biogas Energy Co., Ltd. 888/108-109 10th Fl., Mahatun Plaza Bldg., Ploenchit Rd., Lumpini, Pathumwan, Bangkok 10330 Thailand Tel: + 66 (0) 2650 9150 Fax: + 66 (0) 2650 9149 www.tbec.co.th _____________________________________________________________________________________________ Thai Biogas Energy Co., Ltd. 888/108-109 10th Fl., Mahatun Plaza Bldg., Ploenchit Rd., Lumpini, Pathumwan, Bangkok 10330 Thailand Tel: + 66 (0) 2650 9150 Fax: + 66 (0) 2650 9149 www.tbec.co.th
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