REpower Systems AG and enXco Inc sign agreement to supply turbines to the US market

--------------------------------------------------------------------------------
ots-CorporateNews transmitted by euro adhoc.
The issuer is responsible for the content of this announcement.
--------------------------------------------------------------------------------

Hamburg (euro adhoc) - 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.

Further inquiry note:
Thomas Schnorrenberg
Investor Relations Manager
Telefon: +49(0)40-53930-723
E-Mail: [email protected]

end of announcement euro adhoc 30.06.2006 10:20:47
--------------------------------------------------------------------------------

emitter: REpower Systems AG
Alsterkrugchaussee 378
D-22355 Hamburg
phone: +49(0)40-539307-0
FAX: +49(0)40-539307-777
mail: [email protected]
WWW: http://www.repower.de
ISIN: DE0006177033
indexes: Prime All Share, CDAX, Technologie All Share
stockmarkets: regulated dealing/prime standard: Frankfurter Wertpapierbörse,
free trade: Börse Berlin-Bremen, Hamburger Wertpapierbörse,
Baden-Württembergische Wertpapierbörse, Börse Düsseldorf,
Bayerische Börse
sector: Alternative energy
language: English

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | CNE

print