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RVA Holding AB -- Portfolio Company Greenvironment Lists on Frankfurt Stock Exchange

STOCKHOLM, SWEDEN -- (Marketwire) -- 05/03/10 -- As of 04th May, the shares of Greenvironment, a cleantech company with its operational headquarter in Berlin, are listed on the Open Market of the Frankfurt Stock Exchange. The listing is realised through a merger of the current Finnish holding company Greenvironment Oy into the now listed entity Greenvironment plc (ISIN GB00B5754J93 / Symbol GIV).

The largest major shareholder of Greenvironment plc is Cheyne Renewable Energy Fund L.P. (46.8%); RVA Holding AB based in Stockholm (Sweden) acquired a 24.2 percent equity stake in Greenvironment via its Norwegian subsidiary RVA Holding AS.

ICF Kursmakler AG, one of the leading German securities trading banks, acts as the Company's designated sponsor on the electronic trading platform Xetra®. In addition to that ICF supports the company in regards to move the Greenvironment listing from the Open Market segment to the Entry Standard of the Frankfurt Stock Exchange in the very near future. More information can be found on their website at http://www.icfag.de/.

Greenvironment is a decentralized energy service provider specialising in technology for the construction and operation of autonomous cogeneration (heat and power) plants for biogas and natural gas. The Company delivers standardized and scalable plants built around microturbines delivered by Capstone Turbine Corporation (NASDAQ: CPST), the world's leading producer of low-emission microturbine systems. Greenvironment holds exclusive distribution rights for Capstone microturbines in Germany, Scandinavia, Poland and Romania in certain applications and currently operates over 50 microturbines in Europe.

"The listing gives Greenvironment access to the equity market and also crystallises the value of the hard work put in by the entire management team to build Greenvironment into a leading player in the cleantech industry," commented Rutger von Ahlefeld, CEO RVA Holding AB. "With the growing trend towards distributed combined heat and power production and the specific advantages of microturbines over competing technologies, we see great growth potential for our portfolio company."

Microturbine cogeneration plants benefit from high reliability and availability ( > 95 percent) with low maintenance requirements. The small size as well as low emission, noise and vibration levels open up possible applications not available for other CHP solutions. The high efficiency of the plants deliver a significant CO2 reduction and therefore microturbines can make a major contribution towards meeting national and international energy targets. For example, a 65KW microturbine can save about 2.800 t CO2 over a 15 year running period, which corresponds to the emissions of about 50 cars.

German and European Union energy policy clearly targets an increase in renewable energy and enhancing the overall energy efficiency. A key driver of energy efficiency is the recovery and use of excess heat of power generation. Therefore, the official target in Germany is to increase the share of CHP to 25% of total power production. Greenvironment is aiming to capitalize on this with a "build, own & operate" business model in joint ventures with local municipal utilities in Germany.

An example for such a joint venture is "Dezentral Energien Schmalkalden GmbH" and Leipzig and is in negotiations about further cooperations. The company provides the CHP plant technology and know-how, centralized operational as well as maintenance services to the joint ventures and benefits from the economic value of its share of at least 30 percent in the local joint ventures.

The second growth market for Greenvironment will be Eastern Europe where the company started first activities in Poland, Romania and the Czech Republic. Eastern Europe provides clear opportunity for distributed power generation due to European Union political and financial support and infrastructure investments needed in competing solutions. In Eastern Europe, Greenvironment will also use a joint venture business model with strong local partners to minimize risk and accelerate project roll-out. Greenvironment's German operation will remain the central technology and operations provider for all operations.

More information can be found on their website at http://www.greenvironment.com

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