Ngf Partnership K/S

Statutory report on data ethics

Financial review The group's income statement for the year ended 31 December 2022 shows a loss of TDKK 361,286, and the balance sheet at 31 December 2022 shows equity of TDKK 826,922. On 26 November 2022, NGF Partnership K/S decided to accept a purchase offer from Shell Petroleum N.V. This means that the ownership of the subsidiary NGF Denmark Holding ApS and its subsidiaries has changed per 20 February 2023. Based on the above, the operation of all companies in the group is presented as discontinued operations in the group's income statement and balance sheet. Financing Nature Energy Biogas A/S allocates the necessary resources to select and mature the biogas pipeline projects. A design and construction phase of about 1 to 2 years is estimated, before revenue from the biogas production are expected. The biogas plant at Køng in Zealand was initiated in Spring 2022. biogas plant Kværs in Southern Jutland started production up in end of the year 2022 and was initiated in the beginning of 2023. Thus, fourteen biogas plants are fully commissioned during 2022 with a combined production of upgraded biogas with a magnitude of 211 million m3 per year. During 2022 further shared competences for analysis, monitoring, and optimisation of the biogas production has been added to the Nature Energy Group. Efforts with research and development have been increased in order to enable the Group to develop and improve the biogas business further. Progress is still made to secure the long-term foundation of the Danish biogas business, focusing on developing biogas projects in all of Denmark and abroad. During 2022, significant progress has been made in the maturation of several projects in Denmark. Moreover, progress in France, USA, Canada and Holland has been made to mature new projects abroad. The construction of the first biogas plant in France has started. With green gas to grid a continuously stabile heat is secured to thousands of customers, directly from the natural gas grid and indirectly from the gas heated district heating plants to an efficient production of process energy, e.g. to Danish companies depending on the highly efficient heat that can almost only be supplied through gas. Investments Nature Energy Construction A/S has been a leading supplier of advanced turnkey biogas plants for several years. Nature Energy Construction A/S designs and builds award winning biogas plants. Based upon more than 30 years' experience, the company has developed plant concepts, which are flexible, robust in their construction, reliable in operations, and easy to operate. Nature Energy Construction A/S now serves as the Group's EPC business and primarily serve the companies of the Group.