At the Paris World Fair in 1900, Mr. Rudolf Diesel’s first engine ran on peanut oil.
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Press Release
Thenergo sells Leysen to Van Gansewinkel Groep
03/06/2010
03 June 2010 – 18h00 CET – Antwerp – Regulated Information Today, Thenergo and Van Gansewinkel Groep officially closed the sale of Leysen, Thenergo’s subsidiary, to Van Gansewinkel Groep. Influence on Thenergo group By selling Leysen Thenergo has reimbursed the total outstanding acquisition debt from the Leysen purchase in 2007. The resulting total debt position of Thenergo decreases with € 15 million of which € 8 million at holding level. Therefore the transaction has a positive impact on the cash flow of the company. In 2009 the Leysen REBITDA amounted to € 2.3 million. Some 80 employees of the Thenergo group will be transferred to Van Gansewinkel Groep. Today, the cash position of Thenergo amounts to € 800k. About Thenergo Based in Belgium, Thenergo is fully integrated and independent developer and operator of sustainable energy projects using biogas, natural gas and woody biomass. Thenergo creates value for its partners and shareholders as a one-stop provider of sustainable energy solutions, transforming renewable fuels into electricity and heat. For more information, please contact: Chris Belien General Counsel & Secretary T.: +32 3 292 96 99 Caroline Kerremans Communications Manager T.: + 32 3 292 97 01 Caroline.kerremans@thenergo.eu