As of mid 2009 Essent Trading will buy all the electricity produced by the West-Flemish biosteam power plant, as sole energy supplier, for a period of 15 years. Electrawinds invited tenders for this and ultimately chose Essent Trading.

Building has recently begun on Electrawinds' biosteam power plant in Ostend.
The fuel to be used to generate the renewable energy is (solid) biomass waste. This biosteam power plant can burn up to 180,000 tonnes of biomass waste a year. With this the power plant produces 133,920 MWe per year, which on average supplies almost 42,000 families with green energy. Over a period of 15 years this corresponds to more than 600,000 households consuming well over 1.8 TWh of green electricity.

About Electrawinds
Electrawinds is the biggest private player in the renewable energy sector in Belgium and was founded in 1998. The company originally concentrated on the production of wind energy. Later it also invested in the development of other forms of renewable energy, such as biomass and solar energy.

About Essent Trading
Essent Trading, (www.essenttrading.com) located in Geneva, Switzerland is a prestigious asset backed merchant trading business with its roots in the Netherlands. Essent Trading is recognized as a market leader in Energy trading in Continental Europe and voted as a top tier trading house by Risk Magazine since 2004. The parent company of Essent Trading, Essent N.V. (http://www.essent.eu) is the largest energy company in the Netherlands with approximately 10,000 employees, more than 5000 MWs of diverse generation portfolio and over 2.7 million customers across the Netherlands, Belgium and Germany. Essent is ranked among Europe's leading companies in Renewable and Sustainable energy generation.