02 July 2007
REpower Systems AG comments on current speculations in the market
Hamburg - Due to recent speculations in the market, REpower Systems AG (WKN 617 703) informs that the company currently is in advanced negotiations about orders with a total volume of up to 1,500 MW. Those concern several framework and individual contracts for projects in the European foreign countries and in the USA, which should be realized in the years 2008 until 2010. REpower is aiming to complete the negotiations in this quarter.
Furthermore, REpower Systems AG expects the award of the second phase of a tender of the Portuguese government with a volume of 400 MW to 600 MW in the next weeks. In a preliminary result published in April, the consortium headed by REpower, which is represented by the Holding Ventinveste, considerably led before the second and third-placed consortia respectively, Novas Energias and Ventonorte, and qualified for the final selection.
REpower Systems AG will promptly inform about the result of this tender as well as about the further course of the negotiations of the framework- and individual contracts with the mentioned total volume of up to 1,500 MW. The management board intends to adjust the sales forecast for the fiscal year 2008 and, based on the increased planning security, to provide a first forecast for the fiscal years 2009 and 2010.
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.
Hamburg, 2 July 2007
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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: mailto:d.puttenat@repower.de
Thomas Schnorrenberg
Investor Relations
Phone:+49 – 40 – 53 93 07– 23
Fax: +49 – 40 – 53 93 07– 77
E-mail: mailto:t.schnorrenberg@repower.de
Internet: http://www.repower.de
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