Company Information for Helius Energy

AIM-HEGY

www.heliusenergy.com

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AIM; HEGY

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Company Statement

The Helius Group was established to install and operate biomass fired renewable electricity generation plants. These will help meet the growing need for reliable power from renewable fuels that help to overcome the issues of climate change associated with fossil fuels like coal and oil. The management team has over 50 years collective experience in the energy, manufacturing, biomass and agribusiness sectors, with extensive knowledge of renewable energy markets, biomass energy technologies and related economics.

Our power plants will be sited where the availability of the feedstock is optimised. For larger 50-65 MWe plants this means having the right transport infrastructure, while our modular GreenSwitchT 5 MWe - 7 MWe plants are designed to be located where sustainable and renewable feedstocks are readily available, such as breweries and distilleries, avoiding the costs of transporting wet feedstocks. GreenSwitchT will generate onsite electricity and export any surplus to the local electricity network, providing potential customers with an environmentally sustainable and economic method of utilising processing by-products.

Helius Energy is also working to develop similar sites in Southern Africa, which is facing an ever-growing energy crisis. The current power output of countries such as South Africa is now close to installed capacity and the use of biomass is forecast to increase significantly. Helius is in discussions with Eskom, one of the largest electricity exporters in South Africa, and with the Governments of the Kingdom of Swaziland and Zambia, with respect to power supply and the upgrading and construction of existing and new power plants

Helius Energy’s strategy is based on the provision of two sizes of biomass-fired renewable electricity generation plants – large plants of 50-65MWe in size and smaller scale GreenSwitch™ 5MWe plants – that will deliver significant carbon savings.

For both sizes of plant, the power generation systems are based around conventional direct combustion and high-pressure steam raising boilers to supply a steam turbine that drives an electricity generator and also provides a source of steam and hot water, if required. Steam turbines are an extremely reliable and versatile proven technology used for electricity generation.

Company Diagram

Stallingborough plant

Operations and Technology

The Group is initially looking to develop up to two 65MWe and up to three 5MWe biomass-fired renewable electricity generation plants in the UK.

Stallingborough
The Group’s leading site is at Stallingborough on the south side of the Humber estuary, approximately 4km from the port of Immingham and near the port of Hull. The Group has secured rights to a 36 hectare site, adjacent to existing heavy industry and ideally situated for rail, road and deep-water port access with embedded infrastructure.

The project comprises a combined and integrated site hosting a 65MWe generation plant, with potential for adjacent bio-ethanol and bio-diesel processes. Its proximity to Immingham International dock and the port of Hull means that the Group can secure biomass feedstocks from both the UK and abroad.

The entire consenting, permitting, engineering and construction process is expected to take around thirty months from granting of consent approval (subject to approval being given within twelve months and the expected availability of project finance from that date).

UK: other 65MWe plants
The Helius Energy group is evaluating a number of locations through the UK which may be suitable for the development of renewable energy power plants fuelled by sustainable biomass.

Suitable sites typically provide good transport access to biomass feedstock, are located in appropriate development zones and are able to provide convenient connections to the grid.

UK: 5MWe - 7MWe sites
Initially Helius Energy intends to develop up to three modular GreenSwitch™ 5MWe- 7MWe plants in the UK, located where sustainable and renewable feedstocks are readily available, such as breweries and distilleries. This avoids the costs of transporting wet feedstocks. These smaller sites will generate onsite electricity and export any surplus to the local electricity network, providing potential customers with an environmentally sustainable and economic of utilising by-products.

Southern Africa
Through our Southern African subsidiary Helius Energy Africa (Pty) Ltd, Helius Energy is pursuing opportunities to develop its 50MWe biomass power plants and its modular GreenSwitch™ 5MWe plants in Southern Africa, which is facing an ever-growing energy crisis. Countries such as South Africa have current power output close to installed capacity and the use of biomass is forecast to increase significantly. We are in discussions with Eskom, one of the largest electricity exporters in South Africa, which will take the lead in meeting South Africa’s energy needs over the next five years. Helius Energy Africa has been supported by Eskom with a view to gaining customers for its smaller biomass-powered electricity generation plants, which could include Sappi Limited, The South African Breweries Limited and Tate & Barlow.

Additionally Helius Energy Africa has been approached to join the Power Commissions Working Party in Zambia and is in discussion with the Government of Zambia for the establishment of new power plants, and the upgrading of existing facilities. We are also in discussion with the Government of the Kingdom of Swaziland for a power supply agreement and Helius Energy Africa is looking to become an independent Power Provider to Eskom in South Africa. These projects have the potential to be eligible for Certified Emissions Reductions and their funding is expected to be secured at a local level.

Geographical Spread

South Africa

Board of Directors and Key Management

Alex Worrall FCCA	Non-Executive Chairman

John Seed	Managing Director


Alan Lyons ACMA	Finance Director


Dr Adrian Bowles	Technical Director


Christopher Corner	Commercial Director


Michelle Morris	Executive Director and Company Secretary


J Barclay Forrest OBE	Non-Executive Director


Demetri Pappadopoulos	Non-Executive Director

Company Address

15 Old Bailey
London
, Greater London, United Kingdom EC4M 7EF


Telephone:	+44 (0) 1642 438540
Facsimile:	+44 (0) 1472 500393
Email:	enquiries[at]heliusenergy.com
Website:	http://www.heliusenergy.com

Additional Address/Key Contact

Grimsby Office
Helius Energy plc
Administrative Centre
Europarc Innovation Centre
Innovation Way
Grimsby
North East Lincolnshire
DN37 9TT
UK
Southern Africa
Helius Energy Africa (Pty) Ltd
32 Waterford Office Park
Waterford Drive
Fourways
Gauteng
South Africa
Tel: +27 11 317 3400

Capital

71,483,049 shares of common stock of par value 1p each. All of these shares carry voting rights.

Annual General Meeting

14 September

Nominated Brokers

Daniel Stewart & Company Plc
Becket House
36 Old Jewry
London
EC2R 8DD

Nominated Advisors