№B 35
Description
Investment Project: Biogas Production Facility. Germany. HIGH PROFITABILITY. OBJECT № B 35 Biogas production facility with 2 cogenerators of 655 kW capacity and one cogenerator of 880 kW capacity. Germany. Location: Northern Germany Land: 15,000 m² plot valued at €150,000 is included in the purchase price and will be the buyer's property. Project: The project is implemented in the form of a GmbH (limited liability company). The existing biogas plant (i.e., cogenerator) was commissioned in 2011. In 2019, the plant will be fully modernized. More than €600,000 will be invested in the modernization. The modernization work will take approximately 5 months. Equipment: Biogas production facility with one primary and one secondary fermenter (fermentation tanks), sludge storage, and silage bunker. Cogenerator 1.0 - 400 kW, Type MWM Cogenerator 1.1 - 255 kW, Type MAN – installed remotely next to the heat consumer Cogenerator 2 - 880 kW, Type Jenbacher Flex - flexible operation schedule (depending on demand) The biogas production facility generates biomethane gas, which fuels the cogenerators (BHKW). The cogenerators produce electricity and heat. Electricity is fed into the German power grid and is compensated based on the EEG 2009 law, which is valid until 2032. Raw Materials: Manure from cattle + corn and grass silage. Long-term contracts are in place with suppliers for the entire volume of raw materials for the plant's operational period. Capacity: 6,657,600 kWh electricity Tariff: €0.22/kWh 3,000,000 kWh heat Tariff: €0.10/kWh Annual Income: €1,464,672 from electricity sales €30,000 from heat sales €114,000 from operation of Cogenerator No. 2 Total Annual Income: €1,608,672 Annual Expenses: €576,602 including raw materials, operating costs, and disposal €35,000 personnel costs €104,764 maintenance, repair, and insurance Net Income: €892,306 (excluding loan servicing costs) Total Cost: €3,300,000 turnkey Profitability: 27.04% before taxes and depreciation Depreciation: Depreciation of the plant through taxes over the next 10 years will amount to €310,000 per year. Energy Production Process: Biogas is produced through the fermentation of corn and grass silage and manure. When burned in cogenerators (BHKW - a small plant for generating electricity and heat, also known as a block heat and power plant), the biogas is converted into electrical and thermal energy with an efficiency of around 85%. This significantly exceeds the efficiency of large power plants. The produced electrical and thermal energy is fed into the German national power and heat grids. The biogas plant represents a small combined heat and power plant with a motor running on biogas. The motor drives an electric generator, which in turn produces electricity. Additionally, the motor heats water through cooling and exhaust heat recovery using a heat exchanger, which is used for heating buildings and facilities. Simultaneous generation of electricity and heat (cogeneration) allows the cogeneration plant to achieve significant efficiency, ranging from 85% to 95%, depending on the technology. Cogeneration plants of this type are generally located close to end consumers to avoid energy losses during transport, further enhancing the profitability of using biogas in this energy production and consumption scheme. Combined heat and power plants using biogas are very reliable and durable. This technology has been used in Germany for a long time and has a proven track record. Example of Financing Biogas Plant No. B 35: Total Cost: €3,300,000 Equity: €1,500,000 Financing Calculation for 10 Years: Bank Loan: €1,800,000 Annual Income: €1,608,672 Total Expenses: €716,366 Annual Income After All Expenses: €892,306 Interest on Loan: 3.50% - €63,000 Principal Repayment: 9.00% - €162,000 Annuity: €225,000 Net Income After Loan Repayment: €667,306 Return on Equity: 44.49% €667,306 x 100 / €1,500,000 = 44.49% Summary of Sale and Operation Information: The biogas plant is manufactured and installed by a major German corporation specializing in alternative energy projects. After the sale, the corporation will manage the facility entirely. The plant and all long-term contracts (for maintenance, raw material supply, sale of heat and electricity, insurance, etc.) will belong to a GmbH specifically organized for this purpose. Simultaneously with the notarization of the purchase, a long-term management contract for the biogas plant will be notarized. According to the owner’s conditions, further information about the object will only be provided after the buyer’s candidacy has been approved by the seller. Photographs, plans, and architectural drawings of the facades are not published.