Clean electricity from Swedish wind

Frankfurt am Main (ots) -

- Europe's largest wind farm to be constructed in the north of
Sweden
- KfW IPEX-Bank and SEB finance wind turbines from Germany

KfW IPEX-Bank and SEB AG are participating in the further
development of the largest European wind energy project Markbygden in
the north of Sweden. The loan financing of EUR 84.5 million for the
sub-project Skogberget will be provided by both banks in equal
shares.

The sub-project now being financed has a capacity of 84.6 MW. The
36 wind turbines of the type E-92 will be supplied by the wind
turbine manufacturer Enercon of Aurich. Enercon is also together with
the Swedish company Svevind project sponsor of the wind farm, and a
long-time business partner of SEB and KfW IPEX-Bank. With more than
20,000 wind turbines installed in more than 30 countries, the German
market leader is also one of the leading manufacturers in the world.
Svevind is one of the leading developer and operator of wind energy
projects in Sweden.

Markus Scheer, Managing Director of KfW IPEX-Bank on the occasion
of the signing underlined the importance the project: "With the wind
farm project Markbygden we finance a promising flagship project in
the growing market for renewable energy in Sweden."

Dr Christoph Tomas, Head of Project, Asset and Export Finance of
SEB: "Supporting German enterprises in their export business and
financing projects aimed at protecting environment and climate, is an
integral part of both bank's business spectrum."

Markbygden is gradually being expanded to become the largest
contiguous wind farm in Europe. It is being developed near the polar
circle, where meteorological conditions and the existing
infrastructure are excellent for wind power generation.

By 2021 up to 1,101 wind turbines with a total installed capacity
of up to 4,000 MW will be erected in several phases on an area of 450
km². It is estimated that the wind farm Markbygden could cover up to
eight percent of Sweden's electricity demand.

About KfW IPEX-Bank GmbH

Within the KfW Group, KfW IPEX-Bank is responsible for
international project and export finance. Its function of providing
financing to boost the German and European economy is derived from
the legal mandate assigned to KfW. It offers medium- and long-term
financing to support key export industries, to develop economic and
social infrastructure and to fund environmental and climate
protection projects. KfW IPEX-Bank operates as a legally independent
group subsidiary and plays a major role in fulfilling KfW's
promotional mission. It is represented in the most important economic
and financial centres across the globe.

About SEB

SEB is a leading Nordic financial services group. As a
relationship bank, SEB in Sweden and the Baltic countries offers
financial advice and a wide range of financial services. In Denmark,
Finland, Norway and Germany the bank's operations have a strong focus
on corporate and investment banking based on a full-service offering
to corporate and institutional clients. The international nature of
SEB's business is reflected in its presence in some 20 countries
worldwide. At 30 June 2013, the Group's total assets amounted to SEK
2,596 billion while its assets under management totalled SEK 1,387
billion. The Group has around 16,000 employees, thereof 1,000 in
Germany. Read more about SEB Group at www.sebgroup.com and about SEB
Germany at www.seb.de.

Press contact SEB:
Kimmo Best
SEB AG
Communications
+ 49 69 258-6406
kimmo.best@seb.de

KfW IPEX-Bank GmbH, Palmengartenstraße 5-9, 60325 Frankfurt
Pressestelle: E-Mail: Dela.Strumpf@kfw.de
Tel. 069 7431-2984, Fax: 069 7431-9409, E-Mail:
info@kfw-ipex-bank.de,
Internet: www.kfw-ipex-bank.de