REpower Systems SE

EANS-News: REpower Systems AG
REpower and enXco Development Corp. sign delivery agreement for 143.5 megawatt project in California, USA

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Company Information

Hamburg (euro adhoc) - Hamburg/Denver/Escondido, 7 December 2009. REpower Systems AG (WKN 617703) has signed a delivery agreement, with limited condition precedent, for up to 143.5 megawatt with the American company enXco - an EDF Energies Nouvelles Company. The 70 REpower MM92 turbines (each with a rated power of 2.05 megawatts and rotor diameter of 92.5 meters) are intended for a wind farm project in the West Coast market for delivery in mid-2011.

REpower and enXco have already been cooperating in the USA since 2006 and have implemented a series of wind farm projects in the US states of California, Washington and Indiana. All together, REpower USA Corp., headquartered in Denver, Colorado, has installed or sold 390 wind turbines in the USA.

"This agreement is a further sign of confidence by enXco in our reliable technology, which we now can demonstrate with nearly 800 megawatts of installed or sold capacity in the USA", REpower CEO Per Hornung Pedersen stated after signing the agreement.

Steve Dayney, CEO of REpower USA Corp., added: "A high degree of trust has been developed through what has become a multi-year collaboration with enXco

and EDF EN. This new order from our customer strengthens our presence and competitiveness in the US wind energy market."

"This order reflects our need to secure turbines for the recovering West Coast market where enXco is very well positioned due to the quality of the sites we have secured in California and the Pacific Northwest", stated Tristan Grimbert, president & CEO of enXco. "This conditional order demonstrates our continued strength in project development and ability to successfully procure turbines."

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ots Originaltext: REpower Systems AG
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Further inquiry note:
Heike Binder
Tel.: +49(0)40 5555090-3209

Branche: Alternative energy
ISIN:      DE0006177033
WKN:        617703
Index:    CDAX, Prime All Share, Technology All Share
Börsen:  Berlin / Open Market
              Hamburg / Open Market
              Stuttgart / Open Market
              Düsseldorf / Open Market
              München / Open Market
              Frankfurt / regulated dealing/prime standard

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