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Conergy subsidiary EPURON announces sale of 3 wind projects

EPURON Pty Ltd today announced it has agreed to sell three of its wind power generation projects to electricity retailer, Origin Energy.The three projects, all located in New South Wales, have development consent to produce up to 30MW of electricity each.

The Cullerin Range wind farm project is located west of Goulburn and will comprise 15 wind turbines to generate up to 30MW of energy. Origin expects to commission the wind farm in 2009.

When fully operational, Cullerin Range will save more than 100,000 tonnes of carbon annually and provide enough renewable electricity to power almost 15,000 homes in NSW.

“We are very pleased to announce this significant milestone for our company” said EPURON Executive Director Andrew Durran. “These sites are among the best in NSW with excellent wind resources and access to existing power lines”.

Origin Chief Operating Officer, Karen Moses said “The EPURON deal will see Origin build its own wind facilities for the first time, deepening integration in this area”.

In addition to the sale of the three projects, EPURON has entered into a strategic relationship agreement with Origin Energy providing an option for development of a further 500MW of EPURON sites.

For further information about this announcement please contact:

EPURON Pty Ltd
Dana Hughes - Public Relations
Ph: 0407 772 579
Email
www.epuron.com.au

About Conergy
Since its founding in 1998, Hamburg-based Conergy AG has sold more than a gigawatt in renewable energy, making it one of the biggest suppliers of solar energy and other renewable energies, and a world leader in solar system integration. Of the one gigawatt in renewable energies, Conergy has installed more than 400 megawatts in its major projects, Of the total one gigawatt, 200 megawatts falls to its wind energy park projects and 800 to its globally marketed solar modules. Calculative one in ten modules worldwide was produced, sold or installed by Conergy. Listed on the Frankfurt Stock Exchange since 2005, the group pursues a global growth strategy, The company now produces, installs and designs solar power systems and wind turbines in around 15 countries. The Conergy Group is represented with its own branches on four continents.

Conergy Australia is a key player in the Australian renewable energy market, manufacturing and supplying high efficiency solar hot water, solar power and small wind power solutions. With an Australia-wide distribution network, state sales offices and warehousing in 4 key locations around the continent as well as in-house dedicated renewable energy engineers and sales teams, the company has become an important part of the Australian industry since it began operations here in 2005.

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