IBERDROLA RENOVABLES assumes result of 100% of Rokas Group- The Greek stock persuade somebody to buy company match the company's delisting
- The squeeze-out considering the willing takeover bid has been gleefully realize
- IBERDROLA RENOVABLES consolidates its direct of the Greek persuade somebody to buy in the manner of an installed strength of 217 MW
IBERDROLA RENOVABLES now owns 100% of Rokas Regiment, having realize the squeeze-out process. Furthermore, the All-embracing Shareholders' Appointment of Rokas, the leading effective in Greece's wind energy persuade somebody to buy, has executive the delisting from the Athens Stock Replacement of the homely and top-drawer shares sensitive the company's broad pond funds. The garage sale has in get rid of been authorised by the CMC, the Greek stock alternative chief.
This path the closing moments of the acquire of the 52.7% of homely shares and 47.3% of top-drawer shares of Rokas Regiment that IBERDROLARENOVABLES did not result, valued at impart EUR175 million in assets. The garage sale underlines the commitment of the renewables arm of the IBERDROLA Regiment to the Greek persuade somebody to buy, somewhere it has been arguable to the same extent December 2004 each time it acquired 21% of the homely pond funds of Rokas. So hence the Troupe has continued to boom its post in the main effective in the Greek wind power persuade somebody to buy, implementation the acquire of 100% considering the willing takeover bid prepared difficulty see.
This garage sale is in screw up in the manner of IBERDROLA RENOVABLES ' diagram of bolstering its self in its concern countries and accessing new markets. Furthermore, it hand down relieve to diversify the Company's geographic attendance and rigid danger.
The garage sale extremely consolidates its direct of the Greek wind power persuade somebody to buy. Rokas Regiment, which specialises in the development, construction and exercise of wind energy projects, useless 2008 in the manner of an installed strength of 217 MW.
Leading in the world's utmost thoughtful wind energy markets
IBERDROLA RENOVABLES consolidated its large-scale direct in the wind energy sector* in 2008 after investing a unqualified of EUR3.8 billion to boom its installed strength by 2,204 MW to 9,302 MW.
The apparition has the major project pipeline in the district, dependability at 55,117 MW** at the end of 2008. Of this, 41% of projects are in the US, 24.6% in Spain, 9.6% in the UK and 24.7% in the plug up of the world.
* Source: New Influence Support
** Includes a 10 GW present of 10.000 MW from Gamesa to collective fling companies considering the fundamental consent amid IBERDROLA RENOVABLES and Gamesa Energ'ia
Legislative Pronouncement
Refutation
This past performance has been series by Iberdrola Renovables, S.A., (the "Troupe") in relation in the manner of the receipt of the strength and production outcome of the prepared 2008 financially viable see.
The information and any statements prepared in this past performance sustain not been verified by free third parties; suitably no reveal or implicit agreement is prepared as to the sovereignty, fact, detail or truth of the information or the opinions expressed herein.
Neither the Troupe nor any of its advisors or legislature consider reliability of any keen, whether for injudiciousness or any other basis, for any hit or hiding arising from any use of this past performance or its subject matter.
Neither this past performance nor any occurrence of it constitutes a settlement, nor may it be second hand for fusion featuring in or construction of any settlement or consent.
Determined Information
This past performance does not form an offer or ask to series or subscribe shares, in agreement in the manner of the cooking of the Spanish Securities Financial system Law (Law 24/1988, as amended and restated from vivacity to vivacity), Royal Directive Law 5/2005 and/or Royal Directive 1310/2005 and its implementing program.
This sign up does not form an offer to series, publicize or alternative or the solicitation of an offer to series, publicize or alternative any securities. The securities referred to herein may not be sold in the Cooperative States barred registration or an allowance from registration frozen the US Securities Act.
Current STATEMENTS
This announcement contains futuristic information and statements something like Iberdrola Renovables, S.A. and already, in the company of financial projections and estimates and their principal assumptions, statements almost policy, objectives and upcoming in the manner of respect to planned operations, funds expenditures, synergies, products and services, and statements almost planned deeds. Current statements are statements that are not ancient times figures and are countrywide acknowledged by the vocabulary "expects, anticipates, believes, intends, estimates" and particular expressions. Former outcome cannot be second hand as indicators of planned deeds.
All the same Iberdrola Renovables, S.A. believes that the upcoming reflected in such futuristic statements are best, investors and holders of Iberdrola Renovables, S.A. shares are cautioned that futuristic information and statements are train to different risks and uncertainties, lots of which are problematic to predict and countrywide farther than the result of IberdrolaRenovables, S.A., that can mention justified outcome and developments to differ materially from natives expressed in, or implicit or anticipated by, the futuristic information and statements. These risks and uncertainties limit, in the midst of others, natives discussed or acknowledged in the kingdom records sent by Iberdrola Renovables, S.A. to the Comisi'on Nacional del Mercado de Valores.
Current statements are not guarantees of planned deeds and they sustain not been reviewed by the auditors of Iberdrola Renovables, S.A. You are cautioned not to crook undue need on the futuristic statements, which glance at scarcely as of the ensure they were prepared. All be with spoken or written futuristic statements attributable to Iberdrola Renovables, S.A. or any of its members, directors, officers, cane or any colonize acting on its behalf are personally practiced in their calculate by the admonition observation in excess of. All futuristic statements included herein are based on information vacant to Iberdrola Renovables, S.A. on the ensure her. Close off as abut by germane law, Iberdrola Renovables, S.A. does not appropriate any ought to to publicly renew or revise any futuristic information or statements, whether as a finale of new information, planned events or already.
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