REPOWER

Repower Group companies

Repower Group companies

Lagobianco SA and Repartner Produktions AG were founded in the financial year. In addition, the project companies Prodomo d.o.o., Energia Eolica Pontremoli S.r.l., 3M Progetti S.r.l. and the service company REV S.r.l. were acquired.

Fully consolidated companies at 31 December 2011

Company Head office Currency Issued capital Holding Closing date Purpose
Repower AG Poschiavo CHF 3,408,115 - 31.12. H/G/E
Repower Klosters AG Klosters CHF 16,000,000 99.88% 31.12. C/G
Repower Ilanz AG Ilanz CHF 250,000 95.63% 31.12. C/G
aurax connecta ag Ilanz CHF 100,000 95.63% 31.12. S
Repower Holding Surselva AG Waltensburg CHF 5,000,000 95.63% 31.12. H
Ovra electrica Ferrera SA1) Trun CHF 3,000,000 46.86% 31.12. G
Vulcanus Projekt AG Poschiavo CHF 100,000 60.00% 31.12. PC
Repower Transportnetz AG Poschiavo CHF 100,000 100.00% 31.12. GC
SWIBI AG Landquart CHF 500,000 99.18% 31.12. S
Repower Immobilien AG Poschiavo CHF 50,000 100.00% 31.12. RE
Repower Consulta AG Ilanz CHF 700,000 95.63% 31.12. RE
Alvezza SA in liquidation Disentis CHF 500,000 59.29% 31.12. RE
Elbe Beteiligungs AG Poschiavo CHF 1,000,000 100.00% 31.12. H
Lagobianco SA Poschiavo CHF 1,000,000 100.00% 31.12. PC
Repartner Produktions AG Poschiavo CHF 20,000,000 65.00% 31.12. G/PC
Elbe Finance Holding GmbH & Co KG Dortmund EUR 25,000 100.00% 31.12. H
Elbe Finance Holding Verwaltungs-GmbH Dortmund EUR 25,000 100.00% 31.12. H
Repower Deutschland GmbH2) Dortmund EUR 25,000 100.00% 31.12. C
Repower Wind Deutschland GmbH Dortmund EUR 25,000 65.00% 31.12. H
Repower Wind Prettin GmbH Dortmund EUR 25,000 65.00% 31.12. G
Repower Wind Lübbenau GmbH Dortmund EUR 25,000 65.00% 31.12. G
Repower GuD CURE Verwaltungs GmbH Dortmund EUR 25,000 100.00% 31.12. H
Repower GuD CURE GmbH & Co. KG Dortmund EUR 25,000 100.00% 31.12. PC
Repower Holding Italia S.p.A. Milan EUR 10,000,000 100.00% 31.12. H
             
             
             
Company Head office Currency Issued capital Holding Closing date Purpose
Repower Italia S.p.A. Milan EUR 2,000,000 100.00% 31.12. E
Repower Vendita Italia S.p.A. Milan EUR 4,000,000 100.00% 31.12. C
Repower Produzione Italia S.p.A. Milan EUR 120,000 100.00% 31.12. H
SET S.p.A. Milan EUR 120,000 61.00% 31.12. G
Energia Sud S.r.l.. Milan EUR 1,500,000 100.00% 31.12. G
RES S.p.A. Milan EUR 120,000 51.00% 31.12. PC
Prodomo d.o.o. Rijeka HRK 70,000 51.00% 31.12. PC
SEA S.p.A. Milan EUR 120,000 100.00% 31.12. PC
REC S.r.l. Milan EUR 10,000 100.00% 31.12. PC
REN S.r.l. Milan EUR 100,000 100.00% 31.12. PC
SEI S.p.A. Milan EUR 120,000 57.50% 31.12. PC
Immobiliare Saline S.r.l. Milan EUR 10,000 100.00% 31.12. RE
REV S.r.l. Milan EUR 10,000 100.00% 31.12. S
3M Progetti S.r.l. Milan EUR 10,000 100.00% 31.12. H
Energia Eolica Pontremoli S.r.l. Milan EUR 10,000 100.00% 31.12. PC
Repower Trading Česká republika s.r.o. Prague CZK 3,000,000 100.00% 31.12. E
S.C. Repower Vanzari Romania S.R.L. Bucharest RON 165,000 100.00% 31.12. E
Repower Magyarország Kft. Budapest HUF 50,000,000 100.00% 31.12. E
Repower Serbia d.o.o. Beograd Belgrade EUR 20,000 100.00% 31.12. E
Repower Macedonia DOOEL Skopje Skopje EUR 19,970 100.00% 31.12. E
Repower Slovenskà republika s.r.o. Bratislava EUR 49,791 100.00% 31.12. E
Repower Polska Sp. z.o.o. Warsaw PLN 75,000 100.00% 31.12. E
Repower Adria d.o.o Sarajevo BAM 1,000,000 100.00% 31.12. E
RE Energija d.o.o Zagreb HRK 366,000 100.00% 31.12. E
Repower Furnizare România S.r.l. 3) Bucharest RON 510,000 100.00% 31.12. E

1)Ovra electrica Ferrera SA, Trun, is a power plant company in which the local community holds a 51 per cent stake. The Repower Group bears full operating responsibility for this company via Repower Holding Surselva AG, and sells 100 per cent of the generated energy on the market. The Repower Group therefore exercises overall control, hence Ovra electrica Ferrera SA is fully consolidated.

2) Formerly Repower Wind Holding GmbH

3) Formerly Elcomex EN S.r.l.

Key:

E Energy business C Customers (supply/sales) RE Real estate GC Grid company

G Generation H Holding or purchase rights S Services PC Project company

Companies included according to the equity method at 31 December 2011

.

Company Head office Currency Issued capital Holding Closing date Purpose
             
EL.IT.E. S.p.A. Milan EUR 3,888,500 46.55% 31.12. GC
Rhiienergie AG (formerly EW Tamins AG) Tamins CHF 915,000 21.73% 31.12. C
Aerochetto S.r.l. Catania EUR 2,000,000 39.00% 31.12. G
             
             
Partner plants Head office Currency Issued capital/ liability capital Holding Closing date Purpose
Grischelectra AG Chur CHF 1,000,000 (20 % paid in) 11.00% 30.09. H
AKEB Aktiengesellschaft für Kernenergie-Beteiligungen Luzern CHF 90,000,000 7.00% 30.09. H
Kraftwerke Hinterrhein AG Thusis CHF 100,000,000 6.50% 30.09. G
SüdWestStrom StadtKraftWerk Brunsbüttel GmbH & Co KG1) Pinneberg EUR 4,000,000 36.00% 31.12. PC

1) As contractually agreed, Repower reduced its stake in the partner plant project company SüdWestStrom StadtKraftWerk Brunsbüttel GmbH & Co. KG from 51 per cent to 36 per cent in the 2011 financial year.

Key:

E Energy business C Customers (supply/sales) RE Real estate GC Grid company

G Generation H Holding or purchase rights S Services PC Project company