Change of management in Plant Construction at EnviTec Biogas AG

EQS-News: EnviTec Biogas AG / Key word(s): Personnel
Change of management in Plant Construction at EnviTec Biogas AG (news with
additional features)

04.04.2024 / 15:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Meeting our challenges with forward-looking expertise

Change of management in Plant Construction at EnviTec Biogas AG

4 April 2024 - Stability and change have always been part of Plant
Construction at Germany's largest biogas producer EnviTec Biogas - and not
just in the plant construction systems themselves but also as regards the
makeup of top management in this foundational segment. Since early 2024,
this international mid-sized enterprise from Saerbeck and Lohne, Germany,
has relied on the expertise of Jakob Falkenstein, Maurice Markerink and CTO
Jürgen Tenbrink. Following a transitional period, the new trio becomes the
management team at EnviTec Plant Construction - EnviTec Anlagenbau GmbH &
Co. KG - with effect from 1 April 2024.

'We're of course aiming to use this management structure to build on the
achievements of the past few years while facing the new challenges and
opportunities in the market with our technical expertise and entrepreneurial
vision,' comments Olaf von Lehmden, CEO of EnviTec Biogas AG. CFO Jörg
Fischer and Lars von Lehmden, who previously managed Plant Construction with
Jürgen Tenbrink, will remain associated with the segment via the newly
formed Advisory Board. Lars von Lehmden, who was previously responsible for
national and international biogas sales and related processes in Plant
Construction, will continue to manage business development for the USA in
this segment as well as project development for international own-operation
projects.


Continuing to develop partnerships

'The biogas market continues to develop apace and project volumes are
increasing,' comments CTO and Plant Construction Managing Director Jürgen
Tenbrink. EnviTec appointed Tenbrink as the company's Technical Director in
2002. Since 2010, his directorial responsibilities have expanded to include
research and development, quality assurance, purchasing and project
execution. In his role as Plant Construction director, he will continue to
be responsible for the areas of research and development, purchasing, gas
upgrading, CO2 liquefaction, electrical systems and process automation plus
overall management of the company's Saerbeck site from 2024. 'Projects are
tending to become more complex and more synergy effects are arising in
relation to ancillary technologies like carbon dioxide and methane
liquefaction,' Tenbrink continues. Most recently, he and his team developed
and implemented EnviTec's in-house control and visualisation system as well
as remote dialling systems with increased security against cyberattacks for
biogas and gas upgrading plants.

His management team colleague Maurice Markerink adds: 'Biogas is a key
driver for cutting greenhouse gases, as it is capable of generating negative
emissions and helping to achieve targets for carbon emissions - especially
in the agricultural sector.' Markerink himself joined EnviTec in 2008, where
he initially assumed responsibilities in relation to international project
development and was therefore the managing director of several biogas plants
in the Own Investment segment at EnviTec Biogas AG. In 2017, he assumed a
business development role at EnviTec Anlagenbau, where he defined a strategy
for acquiring new business in overseas markets by the development and
execution of new projects in the field of biogas, biomethane and bio-LNG. As
part of the new management team for Plant Construction, Markerink will now
be responsible for national and international sales as well as new business
development activities.

A relatively new face at EnviTec, Jakob Falkenstein joined the company a
year ago as Head of Project and Construction Management. With a professional
background in metalworking, welding and mechanical construction, he can draw
on extensive know-how in relation to plant construction. In his career to
date, he has mainly focussed on industrial plant construction and power
plant technology in the field of waste-to-energy plants. Falkenstein: 'Over
the last few years, we've got a lot of international projects off the ground
in Indonesia, Scandinavia and the USA. And we're now also seeing plenty of
project enquiries from Eastern and Southern Europe.' Within the new
management team, his primary responsibilities will be day-to-day operations
- namely planning and construction, plus quality assurance and related
accounting.

As market leader, EnviTec is looking to establish strong relationships with
biogas plant owners, developers and investors, working with them to increase
the number of biomethane plants worldwide and achieve emission reduction
targets. The new management trio is also looking to develop new partnerships
with the aim of establishing long-term, mutually beneficial business
relationships. 'This year and next year, we'll be pursuing some initial
projects in new markets like Indonesia, Poland, Spain and Sweden,' Markerink
explains, noting that existing markets like the Baltic states, Czech
Republic, Italy and Slovakia are forecast to become key markets for
biomethane conversion projects, for which EnviTec is able to provide its own
EnviThan technology.


About EnviTec Biogas AG

EnviTec Biogas AG covers the entire value chain for the production of
biogas, including the planning and turnkey construction of biogas plants and
biogas upgrading plants as well as their commissioning. The company takes
charge of biological and technical services on demand, and also offers
operational management services. EnviTec operates 88 of its own plants,
which currently makes it the largest biogas producer in Germany. EnviTec's
business activities also include the production and marketing of
climate-neutral fuels (bio-LNG) for the transport sector as well as
food-grade liquid carbon dioxide (LCO2). The company is represented in 16
countries worldwide by its own companies, sales offices, strategic partners
and joint ventures. In 2022, the EnviTec Group generated revenue of EUR
382.8 million and EBT of EUR 66.6 million. The Group currently employs
around 640 people worldwide. EnviTec Biogas AG has been listed on the
Frankfurt Stock Exchange since July 2007.

Contact:

Katrin Hackfort

EnviTec Biogas AG

Phone: +49 (0)25 74 88 88-810

Email: k.hackfort@envitec-biogas.com


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Additional features:

File: https://eqs-cockpit.com/c/fncls.ssp?u=b84cb9b3e316818dc78af2864868f134
File description: Das neue Geschäftsführungstrio der EnviTec Anlagenbau GmbH
& Co. KG: Jakob Falkenstein, Jürgen Tenbrink, Maurice Markerink Foto: Timo
Lutz Team für Industriefotografie www.timo-lutz.de

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04.04.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        EnviTec Biogas AG
                   Industriering 10a
                   49393 Lohne
                   Germany
   Phone:          +49 (0) 44 42 - 80 65 0
   Fax:            +49 (0) 44 42 - 80 65 103
   E-mail:         info@envitec-biogas.de
   Internet:       www.envitec-biogas.de
   ISIN:           DE000A0MVLS8
   WKN:            A0MVLS
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt (Basic Board), Hamburg, Hanover, Munich,
                   Stuttgart, Tradegate Exchange
   EQS News ID:    1873559

End of News EQS News Service
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1873559 04.04.2024 CET/CEST