09.08.2011 – 08:40

BAUER Aktiengesellschaft

EANS-News: BAUER Aktiengesellschaft
BAUER Group successfully executes a foundation for a tidal power plant under extremely difficult circumstances

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Company Information/New Products/Research & Development


Schrobenhausen (euro adhoc) - In late July, BAUER Renewables Ltd., a subsidiary
of BAUER Spezialtiefbau GmbH and part of the international construction and
machinery manufacturing concern BAUER AG, successfully installed a drilled-in
monopile foundation structure for a tidal energy turbine of the client Voith
Hydro. This took place off-shore at the test site of the European Marine Energy
Centre (EMEC) in Orkney, Scotland. An exceptional challenge was posed not only
by the drilling works at a water depth of 37 metres, but also by the extremely
strong currents of up to 4.5 meters per second.

BAUER Renewables Ltd. used a newly designed and built seabed drilling rig from
BAUER Maschinen GmbH, which was operated from a Dynamic Positioning Vessel. The
23 metre long monopile with a diameter of 2 metres was grouted into an 11 metre
deep rock socket. It will be the foundation structure for a 1 MW Tidal Turbine
built and operated by Voith Hydro.

"A drilled foundation of such dimensions and under such difficult conditions
has never before been executed. This new technology has captured the attention
of many tidal energy developers," says Professor Thomas Bauer, Chairman of the
Management Board of BAUER Aktiengesellschaft. "This tremendous achievement
marks the BAUER Group´s entry into the future growth market of marine renewable
energies and broadens the Group´s range of off-shore technologies."


About Bauer

Bauer is a provider of services, machinery and ancillary products in the earth-
working and groundwater fields. The Group markets its products and services all
over the world. Its global spread allows it to remain largely unaffected by
fluctuating business cycles.

The operations of the Group are divided into three segments: Construction,
Equipment and Resources. The Construction segment carries out specialist
foundation engineering work all over the world, developing foundation and
excavation projects as well as providing related construction services. In its
Equipment segment, in which it is the world market leader, Bauer offers an
extensive range of machinery, equipment and tools for specialist foundation
engineering and related fields. The Resources segment encompasses the Group's
operations in the exploitation of raw materials, in environmental technology,
in geothermal drilling operations and also in equipment for wells (including
pumps and drills, screens and casings).

Bauer profits greatly from the collaboration between its three separate
segments, enabling the Group to position itself as an innovative, highly
specialized provider of complete solutions and services for demanding projects
on the specialist foundation engineering and related markets.

Founded in 1790, Bauer today generates around three quarters of its total
revenues outside of Germany. Employing some 9,100 people, the Group's total
revenues in 2010 were EUR 1.30 billion (previous year: EUR 1.28 billion). BAUER
Aktiengesellschaft has been listed on the official market of the Frankfurt
Stock Exchange since July 4, 2006 (Prime Standard, ISIN DE0005168108).


Further inquiry note:
Bettina Erhart / Christopher Wolf
Investor Relations
Telefon: +49(0)8252 97 1918
E-Mail:  investor.relations@bauer.de

end of announcement                               euro adhoc 
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company:     BAUER Aktiengesellschaft
             BAUER-Straße  1
             D-86529 Schrobenhausen
phone:       +49 (0)8252-97-1918
FAX:         +49 (0)8252-97-2900
mail:         investor.relations@bauer.de
WWW:         http://www.bauer.de
sector:      Construction & Property
ISIN:        DE0005168108
indexes:     SDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
             Hamburg, Stuttgart, Düsseldorf, München 
language:   English