Koehler Renewable Energy GmbH acquires shares in biomass CHP plants

Mar 08, 2013. /Lesprom Network/. Koehler Renewable Energy GmbH, a subsidiary of Koehler Holding GmbH & Co. KG, based in Oberkirch, has acquired an 80% stake in GBE Gocher Bioenergie GmbH, Goch, and 51% of the shares in B E B Bio Energie Baden GmbH, Kehl, from RWE Innogy GmbH, a subsidiary of RWE Aktiengesellschaft, based in Essen, Germany, as the company said in a press release received by Lesprom Network. GBE operates the biomass cogeneration plant in Goch, which was put into service in late October 2012 and generates steam and electricity from renewable fuels. The Goch biomass cogeneration plant is designed for an output of 28 MW of thermal energy and 7.6 MW of electrical energy. The plant will supply company Nähr-Engel with up to 130,000 metric tons of process heat a year. Nähr-Engel, which uses the steam to produce high-quality potato products, holds the remaining shares in GBE together with Stadtwerke Goch GmbH. B E B operates two biomass cogeneration plants in Kehl, both of which generate steam and electricity from renewable energy sources. The remaining shares in B E B are already held by the Koehler Group, which is now the sole shareholder in B E B. The two biomass cogeneration plants in Kehl have a combined output of 68 MW of thermal energy and 11.5 MW of electricity. The process heat is used by Koehler Kehl GmbH to dry specialty papers. The companies have agreed to maintain silence about the purchase price. Koehler Renewable Energy GmbH is a company of the Koehler Group, which has been under family management for more than 200 years. Koehler Renewable Energy GmbH was established in early 2012 because the Koehler Group aims to increase its involvement in the renewable energies sector, especially by investing in combined heat and power generation plants and wind energy. The Koehler Group also includes paper mill August Koehler SE, which operates sites in Oberkirch, Kehl, Greiz, and Weisenbach. This company develops, produces and distributes specialty paper and card. The consolidated turnover of the Koehler Group in 2012 was around Euro 725 million.