REpower and Energiekontor sign agreement for Nordergründe offshore wind farm about 90 MW

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Hamburg (euro adhoc) - Hamburg, 20 December 2007. Today, REpower
Systems AG (WKN 617703) and Energiekontor AG have signed an agreement
about the installation of 18 offshore wind energy turbines of the
REpower 5M type - each with a rated power of five megawatts (MW) -
for the German "Nordergründe" offshore wind farm. The to-tal rated
power will hence be 90 MW. The offshore wind farm project is to be
realised within the 12 sea mile zone at the river mouth of the Weser,
north of Wilhelmshaven.

Nordergründe will thus be one of the first offshore projects to be
realised in Ger-many and furthermore, the first bank-financed
offshore project with 5 MW turbines in German waters.

The 18 turbines are to be manufactured in the new REpower assembly
factory in Bremerhaven, the delivery is planned during the time
period between April to June 2009. The offshore installation is
scheduled to take place in the spring and summer of the same year.
Nordergründe wind farm is expected to supply with current at the
transformer station of Inhausen, situated north of Wilhelmshaven. The
sea cable will have a length of 27 kilometres, whereas the cable on
land will cover a length of approx. 3.7 kilometres.

The investment volume including foundation, offshore transformer
station and ca-bling of the wind farm will comprise more than EUR 300
million.

REpower Systems AG is a leading manufacturer in the offshore wind
energy area and has installed ten 5M onshore and offshore up to now.
Moreover, the company is participating in further offshore projects
such as the first German offshore wind farm Alpha Ventus (near Borkum
island) and the Belgian Thornton Bank which will be erected in
2008/2009, delivering six turbines for each.

Energiekontor AG has hitherto installed and operated 65 wind farms in
Germany and other European countries.

end of announcement euro adhoc
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ots Originaltext: REpower Systems AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Thomas Schnorrenberg

Investor Relations

Phone:+49 - 40 - 53 93 07- 23

Fax.: +49 - 40 - 53 93 07- 77

E-mail: t.schnorrenberg@repower.de

Branche: Alternative energy
ISIN: DE0006177033
WKN: 617703
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
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