Cycleenergy enters pellets market

Vienna, June 2009

Cycleenergy decided to establish a pellets plant in the ultimate neighbourhood of our existing biomass power plant in Gresten, which will have a production capacity of 32.000t pellets annually. The pellets will be sold to private households and regional whole sellers. As a positive side effect the surplus heat from the plant will be used to dry the pellets. Currently we are in the process of planning and building, the start of the full operation of the pellets plant is planned for Winter 2010/2011.