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RENERGEN LIMITED - Renergen and Unitrans Passenger Sign Natural Gas Supply Contract

Release Date: 19/05/2016 14:00
Code(s): REN     PDF:  
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Renergen and Unitrans Passenger Sign Natural Gas Supply Contract

Incorporated in the Republic of South Africa
(formerly Dominica Trade Proprietary Limited)
(Registration number: 2014/195093/06)
Share code: REN  ISIN: ZAE000202610


Shareholders are advised that alternative energy company, Renergen, and Unitrans Passenger
Proprietary Limited have signed a contract through their respective subsidiaries, TETRA4 Proprietary
Limited (“TETRA4”), and Megabus Proprietary Limited (“Megabus”), for the supply of compressed
natural gas (“CNG”) by TETRA4 to Megabus, to power 10 buses operating from the Megabus depot in
the town of Virginia, Free State province, South Africa.

This contract marks the first sales of locally produced onshore natural gas, and is being used to fuel
buses which operate the first Scania Euro 6 bus engines powered by CNG on the African continent.
Construction of the compression facility is complete with initial gas having been compressed, marking
the first major step towards creating an energy efficient gas economy in the Free State.

Renergen Chief Executive Officer, Stefano Marani, said: “We are proud to be leading the
commercialisation of onshore natural gas in South Africa for the benefit of all our stakeholders. The
teams at Megabus, Scania, TETRA4 and Busmark did an incredible job in bringing this project into
operation almost two months ahead of schedule.”

Scania Key Account Manager for Alternative Fuels, Anthony King, commented, “We are proud to be
partners in this exciting new venture utilising centrally located compressed natural gas in an efficient
and environmentally sound way. A huge step forward and a greenlight for alternative fuels.”

19 May 2016

Designated Adviser
Merchantec Capital

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