REpower Reaches Port Development Agreement

NAW Staff, Monday 16 July 2007 - 01:00:00

REpower Systems AG, a Germany-based turbine manufacturer, has reached a development agreement with the Osterronfeld (Germany) local authority and Wirtschaftsforderungsgesellschaft des Kreises Rendsburg-Eckernforde (WFG - Rendsburg-Eckernforde Economic Development Corporation).

REpower plans to construct a production site, administrative building and port opposite the current district port in Rendsburg. The company expects that the costs for the new port, including the development of the industrial area bordering the wharfage, will total approximately 15 million euros, while the cost for the new port's technical equipment - with cranes, vehicles, a heavy-duty pontoon and a plant - is estimated at 17 million euros.



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