New European major orders for REpower from EDF EN
Hamburg (euro adhoc) -
PRESS INFORMATION
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- Wind farms in England and France planned with 46 turbines and a total output of 92 MW
- Total order volume of around EUR 92 million
Hamburg, 28 February 2007. As part of its joint framework agreement, REpower Systems AG (WKN 617703) has received additional major orders in Europe from the French company EDF Energies Nouvelles (EDF EN), a subsidiary of the major European energy provider EDF. These involve two projects in Great Britain and one in France, and comprise a total of 46 2-megawatt class wind turbines: 20 MM82 turbines with total output of 40 MW and 26 MM92 turbines with total output of 52 MW. The combined order volume of the three projects includes also the installation, partly turnkey, and amounts to around EUR 92 million.
The "Bicker Fen" wind farm with 13 MM82 turbines is the fifth REpower project in the British Fenlands and will be implemented by the subsidiary REpower UK. The start of construction and commissioning of the first turbines is scheduled for the second half of 2007. REpower UK was the third largest manufacturer in the British market in 2006, putting 48 turbines into operation (96 MW installed capacity), this corresponds to a market share of 15 per cent.
The second project, the "Walkway" wind farm, is to be implemented in North-East England and involves the installation of seven MM82 turbines from the fourth quarter of this year. The wind farm taking over is scheduled for the first quarter of 2008. For the first time, the REpower UK service base in Preston will be in charge of the project.
The "Chemin d'Ablis" wind farm is located in France, south-west of Paris. It will comprise 26 MM92 turbines and will be realised by the French REpower subsidiary REpower S.A.S. The delivery of turbines is scheduled for the end of 2007 for a taking over during the first half of 2008.
The framework agreement between EDF EN and REpower, which has been in existence since 2004 and was extended last year, covers the supply of up to 140 2- megawatt class wind turbines in the European key markets of Germany, France, Belgium, Great Britain, Italy and Portugal by the end of 2008. This equals total output of up to 280 MW. With the framework agreement, both companies are expanding their strategic partnership in the implementation of wind energy projects over the next few years. In addition, the joint activities are likely to be expanded to Eastern and Southern Europe from 2008.
About REpower:
REpower Systems AG is one of the leading manufacturers of onshore and offshore wind turbines. The international engineering company develops, produces and sells wind turbines with outputs ranging from 1.5 to 5 megawatts and rotor diameters of 70 to 126 metres for almost all locations. It also provides a comprehensive service and maintenance range. The high performance, reliable turbines are designed at the REpower development centre in Rendsburg and produced at the sites in Husum (North Frisia) and Trampe (Brandenburg).
Listed on the stock exchange since March 2002 and with around 880 employees worldwide, the Hamburg-based company relies on its experience in the production and installation of more than 1,500 wind turbines worldwide. REpower is represented in European markets such as France, the United Kingdom, Italy, Portugal and Spain and in the international markets of Japan, China and Australia through its sales partners, subsidiaries and investments.
Contact:
|REpower Systems AG | | |Daniela Puttenat |Thomas Schnorrenberg | |Corporate Communications & |Investor Relations | |Public Relations | | |Phone:+49 - 40 - 53 93 07- 14 |Phone:+49 - 40 - 53 93 07- 23 | |Fax.: +49 - 40 - 53 93 07- 37 |Fax.: +49 - 40 - 53 93 07- 77 | |E-mail: d.puttenat@repower.de |E-mail: t.schnorrenberg@repower.de |
end of announcement euro adhoc 28.02.2007 10:24:47
Further inquiry note:
Thomas Schnorrenberg
Investor Relations Manager
Telefon: +49(0)40-53930-723
E-Mail: t.schnorrenberg@repower.de
Branche: Alternative energy
ISIN: DE0006177033
WKN: 617703
Index: Prime All Share, CDAX, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
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