Repower extends licensing agreement with REpower Systems SE by one year

(PresseBox) ( Poschiavo, )
Repower AG, headquartered in Poschiavo, Switzerland, is the owner of the Repower brand. In April 2010 the group also started using "Repower" as its corporate name. Since then it has been used in parallel with the name of REpower Systems SE, a company based in Hamburg, Germany, which under a licensing agreement has been granted rights to use the name by Repower AG since 2000.

At the request of REpower Systems SE, this licensing agreement has now been extended by one year. This means that REpower Systems SE will be able to continue doing business under this name until the end of 2013. In doing so, Repower AG is giving REpower Systems SE more time for the implementation of its name change. The agreement also covers operation of the web address www.repower.de. Repower Germany can be reached via www.energie.repower.com or via the group's site at www.repower.com/de.

Repower AG is listed on the SIX Swiss Exchange. REpower Systems SE belongs to the Indian group Suzlon Energy Limited, which has held 100% of REpower Systems indirectly since October 2011. Prior to this, shares in REpower Systems SE were likewise traded on the stock exchange.

Repower AG is an energy company (electricity and gas) with an integrated business model encompassing generation, trading and sales, and operates in the key markets of Switzerland, Germany, Italy and Romania. REpower Systems SE is one of the world's leading manufacturers of onshore and offshore wind power installations. The two companies are not connected in any way.
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