10-02-2012Repower to contest Italian competition commission ruling

After a thorough review, Repower has decided to appeal before the competent court a June 2012 decision by the Italian Autorità Garante della Concorrenza e del Mercato (AGCM) competition commission. Repower objects to the AGCM's contention that it had arranged prices for the provision of system services from the Teverola power plant with other market participants, and had thus been part of an alleged cartel. On the contrary, most of the cases reviewed refute the existence of a cartel: prices were substantially lower, contradicting the hypothesis that they had been arranged.

Contact:

Werner Steinmann
Head of Media Relations
CH - 7742 Poschiavo
T  +41 81 839 7111
M  +41 79 831 5213


werner.steinmann(at)repower.com

www.repower.com

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