GENO Bioenergie 1 - Fully Syndicated

With GENO Bioenergie 1, Doric Asset Finance offered the opportunity to invest in a bioenergy park.

The Bioenergy Park
The Bioenergy Park Klarsee consists of a group of 40 independent biogas plants which produce electricity and thermal energy from renewable materials (maize and crop residues) and manure. The cumulated electrical output reaches approx. 20 MW. According to the German Renewable Energy Law, which was further expanded in August 2004, biogas plants are guaranteed a minimium price for twenty years for the supply of electricity. When running at full capacity the plant is able to fill the annual electricity needs of 40,000 households.

The Park's location is ideal: It is surrounded by farmland which can supply the plants with the required silage and manure. These renewable materials can be sourced both from farms in Mecklenburg-Western Pomerania and from farms in adjacent Poland.

Biogas is produced in the individual units using natural fermenting processes. Waste from biogas production is processed into top quality fertilizers in the on-site fertilizer plant. Therefore the cycle of farm products, use and processing is complete!

The Concept
The Bioenergy Park has been designed for efficiency. By distributing production amongst 40 separate, independently functioning plants, consistent, continuous production of electricity is assured. The operator employs a well-trained team who ensures that the plant runs at optimal capacity. Centralised controls and monitoring, technical safety features, demand-orientated stocks of biomass and logistics are all integral to the concept.