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Consortium with REpower awarded 954 MW of wind farm tender in Québec/Canada

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
Contracts
05.05.2008
Hamburg/Montreal, 5 May 2008. The St-Laurent Énergies consortium, 
with which wind turbine manufacturer REpower Systems AG (WKN 617703) 
has concluded an exclusive option agreement concerning the delivery 
of wind turbines last year, has announced today that it has been 
awarded five wind projects by the energy supplier Hydro-Quebec 
Distribution, representing a total capacity of 954 Megawatts (MW) in 
the Canadian province of Québec.
The consortium is led by EDF Energies Nouvelles (a subsidiary of the 
electric utility EDF and long-term REpower client) and includes 
Hydromega Services Inc. (a Québec independent power producer), and 
RES Canada (international wind farm developer and construction 
company). On 18 September 2007, the consortium submitted a bid with a
total power of 1,048 megawatts to Hydro-Quebec Distribution which 
shall exclusively be equipped with REpower turbines of the 2-megawatt
class (MM82 and MM92). Once the Power Purchase Agreements finalised 
between Hydro-Québec and St-Laurent Énergies, the order would be 
amongst the biggest in the wind industry thusfar.
The five wind farm projects with a total capacity of 954 MW have 
in-service dates between December 2011 and December 2015. They are 
situated in the regional counties (MRCs) of Minganie (Aguanish wind 
farm- 80 MW), Les Etchemins et Bellechasse (Massif-du-Sud wind farm -
150 MW), La Matapédia et La Mitis (Lac-Alfred wind farm - 300 MW), 
Charlevoix et Le Fjord-du-Saguenay (Rivière-du-Moulin wind farm - 350
MW) et Charlevoix-Est (Clermont wind farm - 74 MW).
These five projects represent a total investment in excess of $ 2.0 
billion and will significantly contribute to the Quebec economy, most
notably in the regions of Gaspésie-Îles-de-la-Madeleine and the 
regional county of Matane.
At least 60 per cent of the total investment, or more than $ 1.2 
billion, will be spent in Quebec, 30 per cent of which are related to
the manufacturing of wind turbine components which will be developed 
in the regions of Gaspésie-Îles-de-la-Madeleine and the regional 
county (MRC) of Matane, requiring the fabrication of turbine blades, 
towers and electrical converters. St-Laurent Energies will be 
finalizing power purchase agreements with Hydro-Quebec Distribution 
in the coming months, each of which must be approved by the Quebec 
Energy Board. Prior to commencing construction, the consortium must 
obtain all required governmental permits, approvals and environmental
authorizations as well as the appropriate municipal construction 
permits.
end of announcement                               euro adhoc

Further inquiry note:

Thomas Schnorrenberg
Investor Relations Manager
Telefon: +49 (0)40 55 55 090-3051
E-mail: t.schnorrenberg@repower.de

Branche: Alternative energy
ISIN: DE0006177033
WKN: 617703
Index: TecDAX, CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
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Plus de actualités: REpower Systems SE
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