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REpower and Electrabel (SUEZ Group) sign contract about up to 500 MW for projects in Europe
This agreement shows the ambition of Electrabel and the SUEZ Group to develop their renewable energy generation capacity. The company has set itself the goal of having 18 per cent of its capacity come from renewable sources by 2009. To achieve this, it is developing a balanced European portfolio of renewable energy sources based on multiple technologies (hydropower, biomass, photovoltaic energy and wind power). So far, Electrabel already has more than 5,500 megawatts (MW) of capacity generated from renewable sources, of which 655 MW comes from wind farms in Belgium, France, Portugal, the Netherlands and Italy.
The agreement reflects REpower s engagement in its core markets like France and Belgium as well as entering promising eastern European markets such as Poland.
Per Hornung Pedersen, CEO of REpower Systems AG, said: "We are delighted about this major order from our new client. It shows Electrabel s high confidence in our company and its reliable technology and enables us to grow further in significant European markets."
Electrabel, a European supplier of all-in, tailor-made energy solutions :
Electrabel is one of Europe's front-runners in the energy sector and a leader on the Benelux market. It is capitalising on the opportunities presented by the deregulation of the electricity and natural gas markets to achieve sustainable growth in Europe whilst adhering to strict profitability criteria.
The company is currently developing its range of energy products and services by exploiting the synergies between electricity and natural gas. It offers each customer a high-quality service that is close at hand, provided through marketing subsidiaries and partnerships with local operators.
The company manages a diversified range of generating facilities totalling more than 30 000 MW, and trades on all energy markets. In Belgium, it operates electricity and natural gas networks on behalf of distribution system operators.
Electrabel is part of SUEZ, an international industrial and services group that is active in energy and the environment sectors.
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