First restricted planning permission for Brunsbüttel project

Repower reduces interest in project company

Poschiavo, (PresseBox) - Plans to build a modern hard coal-fired power plant in Brunsbüttel, Germany, have reached an important milestone now that the Schleswig-Holstein authorities have given initial restricted planning permission for the project. With the first phase of the project and planning permission phase thus complete, Repower is now reducing its interest in the project company from 51% to 36% as contractually agreed with the project promoter, SüdWestStrom Kraftwerk GmbH.

The project company, Pinneberg-based SüdWestStrom StadtKraftwerk Brunsbüttel GmbH & Co KG, is developing the power plant project on behalf of the partners involved. Repower is participating in the project company via Dortmund-based Elbe Finance Holding GmbH & Co KG.

Following a clear 15 to 6 vote in favour of the augmented land-use plan at the December meeting of Brunsbüttel town council, initial restricted planning permission now also underscores the environmental compatibility of the highly efficient, state-of-the-art power plant. Brunsbüttel is seen as a prime location for a new hard coal-fired plant in Germany, in logistical terms because it is situated right on the River Elbe, and technologically because the area already has a well developed grid infrastructure. The reasons for this are historical: Brunsbüttel is the site of the second-oldest nuclear power station in Germany. Even though the life of German nuclear power stations has been extended, the existing plant will cease operation in the foreseeable future as it reaches the end of its useful life.

The partners involved will now work in partnership to develop the Brunsbüttel coal-fired plant within the framework of the project, taking particular care to ensure that the relevant energy policy and environmental requirements are met. Concrete decisions will not be made before 2012.

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