Page 1 Bremen, June 20th, 2008: wpd offshore GmbH sold its ...

Kompass Corporate Finance advises wpd-Group on the
sale of 4 offshore-wind projects to EnBW - Germany's
third largest utility
Bremen, June 20th, 2008: wpd offshore GmbH sold its subsidiaries EOS Offshore AG
and Offshore Ostsee Wind AG to the German utility EnBW Energie Baden-
Württemberg AG. The companies are owners of the project rights in the offshore wind
projects "Hochseewindpark Nordsee" and "He dreiht" in the North Sea and "Kriegers
Flak 1" and "Baltic 1" in the Baltic Sea respectively.
Permissions for erecting and operating the four projects are already in place.
"Hochseewindpark Nordsee" and "He dreiht" contain of 80 turbines with a maximum
output of 400 MW each, while "Kriegers Flak 1" and “Baltic I” contain of 80 turbines
(328.6 MW) and 21 turbines (maximum output of up to 52.5 MW) respectively.
Furthermore, wpd and EnBW Energie Baden-Württemberg AG agreed on a long-term
cooperation agreement assigning wpd for the project management of the further
development and construction of these projects. "By signing with EnBW Energie
Baden-Württemberg AG we found the right partner who is dedicated to the projects’
realisation. The cooperation agreement ensures wpd’s further involvement and
commitment regarding the wind farms", commented Dr. Gernot Blanke, member of the
wpd board.
"These projects will enable us to build up to a total of 1,200 MW installed wind power
capacity, over time, in the medium term. The installations in these offshore wind parks
have already been approved", said Hans-Peter Villis, Chairman of EnBW's Board of
Management.
wpd AG
wpd AG develops, markets, and operates renewable energy plants (IRPP) on a
worldwide scale. wpd along with its subsidiaries is active in 15 countries and provides
employment for about 300 individuals. The wpd-group has already realized around
1,200 wind farm plants with the estimated output of 1,750 MW. Beyond that, wpd acts
as a leading offshore developer.
EnBW Energie Baden-Württemberg AG
With some six million customers, EnBW Energie Baden-Württemberg AG with its
headquarters in Karlsruhe is the third-largest energy company in Germany. In 2007,
EnBW generated annual revenue exceeding € 14 billion with more than 20,000
employees. Our core activities focus on the segments electricity, gas as well as
energy and environmental services.
Kompass Corporate Finance GmbH & Co. KG
Kompass Corporate Finance advises medium-sized companies on international
transactions such as Mergers & Acquisitions or capital raisings. One of its industry
focuses is on renewable energies.

EnBW Energie Baden-Württemberg AG,
Karlsruhe
acquired 100% of the shares of
EOS Offshore AG, Varel
and
Offshore Ostsee Wind AG, Börgerende
from
wpd Offshore GmbH, Bremen
We advised wpd Offshore GmbH.
Kompass Corporate Finance GmbH & Co. KG
Kurfuerstenallee 23a
28211 Bremen
Germany
Phone: +49-421-800 45 82
Fax: +49-421-800 45 77
E-Mail: info@kompasscf.de
Web: www.kompasscf.de