euro adhoc: REpower Systems AG
other
REpower signs agreements for up to 338
MW
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Contracts
15.02.2008
Hamburg, 15 February 2008. The third largest German wind turbine manufacturer REpower Systems AG (WKN 617703) and Maïa Eolis, a joint venture between Maïa Sonnier (51%) and Gaz de France group (49%) concluded agreements for the delivery of all in all 258 megawatts (MW): REpower will supply Maïa Eolis with a total of 129 wind energy turbines of the type REpower MM82 (with a nominal output of 2 MW respectively) by 2011. In addition, a framework agreement was signed with the company Maïa Power on the delivery of 40 MM82 turbines with a total capacity of 80 MW, also to be supplied between 2008 and 2011. REpower used to have a supply relationship with the Maïa Sonnier group in the past.
The French corporation Maïa Sonnier with registered offices in Lyon is among others known as a building corporation in the field of infrastructure (highways, bridges etc.). With the sector of Renewable Energies, Maïa Sonnier has integrated a new main business field into its corporate activities. The Gaz de France group is one of the leading European utilities with 50,000 employees. In 2006, the corporation achieved a turnover of EUR 28 billion.
At the end of 2006, Maïa Sonnier and Gaz de France founded the joint wind power company Maïa Eolis. The company intents to increase its installed wind power capacity to 1,000 MW by 2012.
end of announcement euro adhoc
Further inquiry note:
Thomas Schnorrenberg
Investor Relations Manager
Phone: +49 40 55 55 090-3051
Email: t.schnorrenberg@repower.de
Branche: Alternative energy
ISIN: DE0006177033
WKN: 617703
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade