Slovenian firm gets EUR 22m deals for biogas plants construction in Croatia - report

(ADPnews) – May 10, 2011 - Slovenian biogas power plants developer Keter Organica has signed deals with Croatian companies El Paso and Rizman for the construction of two biogas power plants worth a total EUR 22 million (USD 31m), news provider SeeNews reported yesterday.

Keter Organica, part of the Keter Group, will build a 1.2 MW plant for each of its two clients in Grubisno Polje, northeastern Croatia, with a 1.2 MW upgrade option apiece. Keter Organica has two other biogas power projects in Croatia – in Donji Marinkovec and Djulovac, that are about to kick off, each with a planned capacity of 2.4 MW plus a 1.2 MW upgrade option.

The company has so far signed 11 turnkey deals to build and equip biogas power stations in Croatia and has just struck a deal in Macedonia with talks on opportunities in Serbia currently in progress, SeeNews quoted the head of strategic planning at the Keter Group, Jana Hudernik, as saying.

In Slovenia, Keter Organica has so far built six biogas power stations with a combined capacity of 7 MW. A further five projects with a combined capacity of 8.65 MW are in progress there and likely to be completed by the end of 2011.

Outside southeastern Europe, Keter Organica has, among others, signed a contract for the construction of a biogas power plant in Brazil, where it has a subsidiary company. The Slovenian company is also present in Belarus, Russia and the UK.

(EUR 1.0 = USD 1.431)

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