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Herausgeber: REpower Systems AG

REpower delivers six 5M turbines for the first Belgian offshore wind farm "Thornton Bank" - Conclusion of contract today in Oostende/Belgium- Investment volume amounts to EUR 153.0 million

Hamburg - REpower Systems AG (WKN 617703) will erect six wind energy turbines of the type REpower 5M for “Thornton Bank“, the first offshore wind farm in Belgium. The German manufacturer of wind energy turbines undertakes to deliver all in all 30 megawatts (MW) for the first of altogether three construction phases of the offshore wind farm which will cover a total capacity of 300 MW and is to be established in a water depth of 25 metres at about 30 kilometres off the Belgian coast. Contractual partner is the Belgian company CPower. Investment volume for the first construction phase adds up to EUR 153.0 million. The project is considered to be another crucial step for the promotion of offshore wind energy in European waters and involves amongst others the French group EDF Energies Nouvelles. REpower and this utility had already committed themselves within the scope of a framework agreement covering several major onshore projects.

The contract was concluded today in Oostende/Belgium in the presence of, among others, the former Belgian Vice Prime Minister Mr. Johan Vande Lanote. Afterwards, Prof. Fritz Vahrenholt, Chairman of the Management Board of REpower Systems AG, stated: “Two and a half years after the onshore erection of the 5M prototype and almost one year after the first installation of a 5M turbine offshore, this is another important day for REpower – this time with regard to the large-scale production of turbines.” He adds, “This is one of the first commercial offshore wind farms in Europe. The high share in debt financing is reflecting the great confidence in REpower’s reliable technology. The further expansion of offshore wind energy in Europe can no longer be contained.”

For the first time, a so-called gravity-based foundation will be used for each of the six 5M wind energy turbines. “Contrary to the latticed jacket structure anchored with four piles in the seabed which was used for our first offshore turbine of the Scottish project Beatrice, the ballast concrete structure in Thornton Bank puts us in a position to use another type of foundation”, explains Dr. Martin Skiba, Head of the Offshore Business Unit at REpower.

The assembly of the six turbines is scheduled from the beginning of next year in the new 5M production facility in Bremerhaven. REpower intents to accomplish the erection and commissioning of the turbines in the North Sea by end of September 2008.

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.

Download project-factsheet:

Hamburg, 23 May 2007

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

Attention editorial offices: For further questions please contact:

REpower Systems AG
Alsterkrugchaussee 378
D-22335 Hamburg

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

Thomas Schnorrenberg
Investor Relations
Phone:+49 – 40 – 53 93 07– 23
Fax: +49 – 40 – 53 93 07– 77
E-mail: t.schnorrenberg@repower.de
Internet: http://www.repower.de


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