Inactive Instrument

Aggregated Micro Power Holdings plc

Equities

GB00BC4F3V69

Aggregated Micro Power : IncubEx Completes Partnership Agreement with EEX - 02 August 2017

August 04, 2017 at 10:19 am

Aggregated Micro Power Holdings plc

("AMP", the "Group" or the "Company")

IncubEx Completes Partnership Agreement with the EEX

Aggregated Micro Power Holdings plc (AIM: AMPH), a distributed energy company specialising in the sale of wood fuels and the financing and installation of distributed energy projects including biomass boiler ESCOs (Energy Supply Contracts), stand by power generation and battery storage facilities, is pleased to announce that IncubEx (in which AMP has a 28.8% shareholding) has reached agreement with the European Energy Exchange ("EEX") to form a partnership to build and improve liquidity in environmental, energy and other related contracts. The IncubEx/EEX joint press release can be found at the following link: www.theincubex.com/news

Richard Burrell, Chief Executive of Aggregated Micro Power Holdings plc, said:

"We are delighted that IncubEx has reached this agreement with EEX, which is part of the Deutsche Borse Group, to allow trading and clearing of contracts developed by IncubEx. IncubEx is now in a position to fulfil its stated aim to innovate and incubate new financial products and services that meet the needs of the global energy and environmental markets. EEX has established significant market share in the primary and secondary markets of the European Union Emissions Trading Scheme and under the cooperation agreement, EEX and IncubEx will join forces in product development, marketing and sales to ensure close customer contact and to support market growth. The IncubEx team, who have extensive experience of environmental markets, is now in a strong position to build a world class business."

Contacts

Aggregated Micro Power Holdings plc

020 7382 7800

Neil Eckert, Executive Chairman Richard Burrell, CEO

Helene Crook, Investor Relations

Haggie Partners

Peter Rigby / Brian Norris

020 7562 4444

finnCap Ltd

Ed Frisby/Simon Hicks (Corporate Finance) Stephen Norcross (Corporate Broking)

020 7220 0500

020 7220 0513

About Aggregated Micro Power Holdings plc

The AMP Group was established to develop, own and operate renewable energy generating facilities. It specialises in the sale of wood fuels and in the installation of distributed energy projects. AMP's wholly owned subsidiary Forest Fuels sells high quality wood chip and wood pellet to end customers throughout the UK, while its projects division installs biomass boiler and biomass CHP systems for a wide range of applications and customers. AMP is also active in developing projects for stand-by power generation and battery storage facilities which aim to balance the transmission grid at times of peak demand. www.ampplc.co.uk

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

Aggregated Micro Power Holdings plc published this content on 02 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 August 2017 09:18:08 UTC.

Original documenthttps://www.ampplc.co.uk/wp-content/uploads/2017/05/IncubEx-Completes-Partnership-Agreement-with-EEX-02-August-2017.pdf

Public permalinkhttp://www.publicnow.com/view/4421E40EC077C42A0CD0118808FE3F5B772CC7C0

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Company Profile

Aggregated Micro Power Holdings plc is an energy company. The Company is engaged in the sale of wood fuels and the financing and installation of distributed energy projects, including biomass boiler energy saving companies (ESCOs). The Company's segments include Gasification projects, which include biomass gasification combined heat and power (CHP) at Low Plains, including the development of other gasification CHP projects, and Boiler development, which includes the development and sale of biomass boiler ESCO projects. The Company operates through two business divisions: Forest Fuels, which supplies wood chip and wood pellet to end customers, and Projects, which develops biomass boilers, biomass CHP and stand-by power generation facilities, which are financed by third party infrastructure funds. The Company's subsidiaries include Aggregated Micro Power Limited, Mathieson Biomass Limited, AMP Kingsnorth Limited, AMP Energy Services Limited and AMP Hill Barton Limited, among others.

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