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REpower Systems SE

REpower and RWE Innogy agree on negotiations for framework agreements for up to 1,900 megawatts

Hamburg (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
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companies/contracts
Hamburg/Essen, 21 February 2008. Today, the
REpower Systems Group (WKN 617703) and RWE Innogy, the RWE Group´s 
subsidiary specialising in renewable energies, have signed a 
Memorandum of Understanding (MoU), which provides for the negotiation
of framework agreements with a volume of up to 1,900 megawatts. It 
involves some 250 offshore wind turbines of the 5M/6M type series and
an approximate number of 200 further onshore wind turbines of the 
2-megawatt class.
The intention is to conclude the negotiations on the framework 
agreements within the next three month or by the end of the year at 
the latest. The wind turbines should then be manufactured and 
delivered by REpower within a timeframe of 4 to 6 years, beginning on
1 January 2010.
Matthias Schubert, as CTO responsible for technology and development 
at REpower Systems AG, said: "The interest shown by an important 
global player such as RWE is renewed evidence for the outstanding 
quality of our products. We are confident that we can bring the 
negotiations to a swift conclusion and we look forward to the 
collaboration."
Kevin McCullough, COO of RWE Innogy, added: "Wind power plays a 
decisive role on our path towards positioning RWE Innogy as the 
driving force behind tomorrow´s technology in Germany and Europe. 
Offshore wind farms especially place the highest demands on the 
technology implemented. I am certain that in REpower we have found a 
strong partner to push forward our goals in this area."
RWE Innogy combines the expertise and the power stations of the RWE 
Group in the area of renewable energy. The company plans, constructs 
and operates turbines for regenerative electricity generation and 
energy production. The aim is the rapid expansion of electricity 
generation on this basis in the UK and continental Europe. The 
company´s focus includes on- and offshore wind farm projects in 
Europe. RWE Innogy began operating on 1 February 2008, currently has 
a generating capacity of around 1,100 megawatts and employs 
approximately 600 staff.
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

Plus de actualités: REpower Systems SE
Plus de actualités: REpower Systems SE