REpower resolves upon joint venture for in-house rotor blade production

- Consortium with Abeking & Rasmussen
- Location of new blade factory will be Bremerhaven

Hamburg - The Supervisory Board of REpower Systems AG (WKN 617703) has approved the foundation of a joint venture between REpower and the rotor blade manufacturer Abeking & Rasmussen (A&R). The joint venture is to produce rotor blades developed by REpower. REpower and A&R have stakes of 51% and 49% respectively in the joint venture. The location of the approx. 16,000 sqm blade factory is to be in Bremerhaven - close to the planned production hall for the REpower 5M offshore wind energy turbines.

Prof. Dr. Fritz Vahrenholt, CEO of REpower Systems AG: "With Abeking & Rasmussen, we have found a partner with many years of experience and excellent knowhow in the production of rotor blades. As a result of the joint venture, it will be possible for us to further optimise the output of our wind turbines through the sophisticated design and constant technological advancement of the blades."

He adds: "The excellent support from the economic development of the city of Bremerhaven and the senate of Bremen must be emphasised. Through the rotor blade production and the assembly hall for our 5M nacelles, several hundred jobs can be created here in the next few years."

Independent from the rotor blade production in Bremerhaven, the planning for a rotor blade production facility in Portugal continues.

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 around 940 employees worldwide, the Hamburg-based company relies on its experience in the production and installation of more than 1,500 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 sales partners, subsidiaries and investments.

Visit REpower at EWEC 2007 in the Milano Convention Centre: Stand no. B040. Contact person for the press at EWEC: Daniela Puttenat



Hamburg, 08 May 2007

Publication and Reproduction permitted; please send a specimen copy to
REpower Systems AG.


Contacts:
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

Sprache:

Online-Pressemappe - alle Pressemitteilungen der REpower Systems AG | RSS-Feed abonnieren

---

Pressebilder nur für die redaktionelle Verwendung
Hinweis: Für den Inhalt der Pressemitteilung ist der Emittent / Herausgeber der Meldung »REpower Systems AG« verantwortlich.