EANS-News: New Photovoltaic Power Plant

In November, Murphy&Spitz Green Energy, an independent power
producer, will begin to operate a 660 kW photovoltaic power plant in
northern Bohemia

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Company Information

Subtitle: In November, Murphy&Spitz Green Energy, an independent
power producer, will begin to operate a 660 kW photovoltaic power
plant in northern Bohemia

Bonn (euro adhoc) - Murphy&Spitz Green Energy has purchased a 660 kW
photovoltaic project in north-western Bohemia. The power plant is
being erected on a brownfield site and will start feeding energy into
the grid in November 2010.

The location in the Czech Republic offers a number of significant
advantages to German based projects:

High feed-in tariffs The plant will feed-in electric energy into the
Czech grid and receive a minimum of approximately EUR 0.46 per
kilowatt hour.

Price-indexed feed-in tariffs The feed-in tariff are guaranteed by
Czech law and additionally stabilized by a yearly inflation
adjustment.

Tax relief Revenues will be subject to tax rebates resulting in a
positive effect on the future cash flow of Murphy&Spitz Green Energy.

"High guaranteed long-term tariffs, backed by inflation adjustment,
due process, and diligently calculated projects assure we can meet
our expectations concerning return. The legal framework of our new
solar project offers long-term safety on our investment", explains
Andrew Murphy, CEO of Murphy&Spitz Green Energy.

Murphy&Spitz Green Energy is a renewable power producer generating
100% pure green energy and aiming for base load capability. It is a
100% subsidiary of private equity firm Murphy&Spitz Green Capital.
Murphy&Spitz Green Energy relies on the experience and contacts that
Murphy&Spitz has gained in the renewable energy sector since 1999.

end of announcement euro adhoc
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ots Originaltext: Murphy&Spitz Green Capital Aktiengesellschaft
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Murphy&Spitz Green Energy AG

Thomas Hoffmann

Poststrasse 30, 53111 Bonn

Tel.: +49 228 96 76 400

E-Mail: hoffmann@ms-green-energy.de

www.ms-green-energy.de

Branche: Alternative energy
ISIN: DE000A0KPM66
WKN: A0KPM6
Börsen: Düsseldorf / free trade