Press Release
Herausgeber: REpower Systems AG
REpower Systems AG and enXco Inc sign agreement to supply turbines to the US market
- 56 MM92 turbines scheduled to be delivered in 2007
- Largest single order for REpower to date
- Patent Licence agreement concluded between REpower and GE
Hamburg/Escondido, 30 June 2006. REpower Systems AG (WKN 617703) will soon enter the US market. 56 MM92 turbines are to be supplied to enXco Inc., the US subsidiary of EDF Energies Nouvelles in 2007. An option for a further 19 turbines of the same type was also arranged. REpower is able to enter the US market through a cross-licence agreement concluded with its competitor GE with regard to the use of several patents.
enXco is to install the wind turbines on the West Coast of the United States. The REpower development centre in Rendsburg (Schleswig-Holstein, Germany) has created a technical solution for a 60 Hz version of the MM92 that corresponds to the requirements of the American electricity network.
“Considering the outstanding relationship our parent company enjoys with REpower in Europe, REpower was a logical choice for enXco to face with the need for turbines in the US market. Sourcing REpower turbines will allow us to complete more projects before the end of the current PTC extension period and to meet our ambitious development plan” stated Tristan Grimbert, President and Chief Operating Officer for enXco. “REpower is a premier turbine provider. enXco, with its over 20 year’s experience in the US wind market and its O&M capability, will support REpower for a successful entry on the US market.”
“Due to the general change in thinking in American energy policy, which involves moving away from oil and towards alternative forms of energy, the USA is now a large, attractive market for wind energy", explained Prof. Fritz Vahrenholt, Chairman of the Executive Board of REpower Systems AG. He also added: "The licence agreement concluded with GE is the foundation for a successful growth story in the USA. Dimensions are traditionally bigger there – so it is fitting that our first US project is also the largest single order in the history of REpower."
The turbines will be produced exclusively at the REpower production site in Husum and will be prepared for shipping from there – either from Brunsbüttel or Hamburg. As this is purely a supply transaction, the shift of risk and responsibility with regard to the goods has been arranged free ship alongside ship (FAS). The towers for all the turbines will be manufactured in the US.
About REpower:
REpower Systems AG is one of the leading manufacturers of onshore and offshore wind turbines. The international engineering company develops, produces and sells wind turbines with outputs ranging from 1.5 to 5 megawatts and rotor diameters of 70 to 126 metres for almost all locations. It also provides a comprehensive service and maintenance range. The high performance, reliable turbines are designed at the REpower development centre in Rendsburg and produced at the sites in Husum (North Frisia) and Trampe (Brandenburg).
Listed on the stock exchange since March 2002 and with over 630 employees worldwide, the Hamburg-based company relies on its experience in the production and installation of more than 1,400 wind turbines worldwide. REpower is represented in European markets such as France, the United Kingdom, Italy, Portugal and Spain and in the international markets of Japan, China and Australia through its subsidiaries and investments.
About enXco
enXco (http://www.enxco.com) develops, constructs, operates and manages wind energy projects throughout the United States. Since 1987, enXco has grown to be a significant owner of wind-energy installations in the United States (over 400MW under control) and one of the leading and largest O & M 3rd party providers for wind farms, currently servicing more than 4200 turbines and more than 1100 MW. Since 2002 enXco has been a subsidiary of EDF Energies Nouvelles. enXco develops wind projects in North America for its own account as well as for third parties.
About EDF Energies Nouvelles
EDF Energies Nouvelles, a 50% owned affiliate of the EDF Group, is specialised in renewable power generation, with a primary focus on wind power. It has built up positions in the European Union, mainly in five countries (France, Portugal, Italy, The UK, Greece) and in the United States. With an installed capacity of 887 MW and an annual turnover of € 335 million, EDF Energies Nouvelles is a leading market player in the renewable energy sector.
Contact:
REpower Systems AG
Daniela Puttenat Corporate Communications & Public Relations
Phone:+49 – 40 – 53 93 07– 14
Fax.: +49 – 40 – 53 93 07– 37
E-mail: d.puttenat@repower.de>d.puttenat@repower.de
Thomas Schnorrenberg
Investor Relations
Phone:+49 – 40 – 53 93 07– 23
Fax.: +49 – 40 – 53 93 07– 77
E-mail: t.schnorrenberg@repower.de>t.schnorrenberg@repower.de
Internet: http://www.repower.de
enXco
Donna Lotz
Marketing Coordinator
Phone : + 1 760 329 1437
Fax : + 1 760 329-0888
e-mail: donnal@enxco.com>donnal@enxco.com
Internet: http://www.enxco.com
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Die Pressemitteilung "REpower Systems AG and enXco Inc sign agreement to supply turbines to the US market" von REpower Systems AG ist auch in folgenden Sprachen abrufbar
- REpower Systems AG und enXco Inc unterzeichnen Vertrag über die Lieferung von Windkraftanlagen in die USA
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