REPOWERIG SOLUTONSa division of JERANEAS

REPOWERING SOLUTIONS in short

REPOWERING SOLUTIONS is an international project

developer specialized in developing, installing, selling and

managing wind turbine projects for professional investment.

Our projects are developed for private, industrial and

institutional customers.

REPOWERING SOLUTIONS is a dynamic company focused in

small-medium projects connected at distribution level.

We closely monitor opportunities on the global wind market,

and cooperate in line with the needs of our customers.

Our ambition to turn wind into value on new and mature

markets on demand of both know how and adaptability. We

have established a business concept with global potential.

Locally rooted we have projects in Latin and Central America,

East Europe, Africa and Asia

Local representation and involvement are crucial for the

successful completion and monitoring of wind projects.

This is why we establish strong and independent

relationships in all countries in which we develop and

administer projects.

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REPOWERING SOLUTIONS in short

We believe in cooperationThe development of wind projects is carried out in close

cooperation our clients, focusing on the customer’s criteria

for investing in the particular project. CO2 neutrality, green

commitment, ROI or risk diversification, all represent

different incentives which demand different strategies

throughout the development phase.

- and partnershipsOur work model is based on cooperation with a range of

carefully selected partners - Propartners. These partners have

been selected due to their specific competencies in relation

to the different stages of wind park development. Besides the

professional competencies, our Propartner concept builds on

mutual openness, trust and a wholehearted determination to

create long-term cooperation with a shared responsibility for

generating results.

- through an OPEN BOOK PhilosophyOur philosophy is to be transparent and honest with the best

option whilst ensuring the maximum warranties for an

industrial profit

- Offering LOW COST solutionsOur budget usually cuts by half the CAPEX of a standard

project while ensuring maximum quality, performance and

warranties

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REPOWERING SOLUTIONS in short

REPOWERING SOLUTIONS offers an OPEN

BOOK philosophy charging only a working

capital and an industrial profit. The process is

transparent and open to investors and

shareholders.

REPOWERING SOLUTIONS acting as the Project

Developer, will lead, participants (equipment

owner, engineering company, construction

company, operations company and investment

group,) ) in the project consolidation process,

focusing on cost optimization, profit

maximization and quality in project

commissioning.

REPOWERING SOLUTIONS has consolidated a

business relationship with several power

generation equipment owners who are

interested in deploying such equipment in

power projects throughout the world.

Our strategic exclusivity agreements with

equipment providers places REPOWERING

SOLUTIONS in a unique position to offer

competitive turnkey projects

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Perfect Timing – Controlled risk

By entering a project when is ready for construction we reduce the risk of development. We only focus on projects with all

permits and licenses.

As Reconditioned wind turbines are in STOCK we can build the project within few months. The reduced cost and our knowledge

of the distribution network makes the process quick and meant with a low and controlled risk.

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Phase One

Site Selection

Phase Three

Permitting Process

Phase Two

Site Development

Phase Four

Financial Closing

Engineering,

Construction and

Commissioning

Phase Five

Commercial Operations

Commodity Trading

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Risk Trend

Why remanufactured wind turbines

A reconditioned wind turbine can generate the same energy

production or even more than a new turbine. The reason is a

careful and proper selection of the equipment.

THERE IS A PERFECT MATCH FOR EVERY LOCATION AND WE KNOW

HOW TO FIND IT.

Reconditioned wind turbines can have the same warranties than

new turbines:

• Wear and tear through XL or RSA class insurers

• Availability during operation

• Energy production with a floor energy yield through insurance

policies

• Power curve warranty certified by leading companies such as

GLGH

Remanufactured wind turbines offers a reduced CAPEX doubling the

benefit and reducing ROI by almost half of the period offered with

new turbines

REPOWERING SOLUTIONS offers a reduced OPEX by understanding

the real needs and offering a fair O&M service meeting the real

demands. The know how of the supply chain in regional markets is

important to ensure a cost effective service.

Wind Industry is a well known market for baking and finance and

nowadays it is more the understanding on the product and the

outcome.

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The question of remanufactured turbines comes up in

most every discussion we have about wind power.

In financially marginal applications, where funding,

power sales options or wind resource are limited, the

use of a remanufactured turbine may be the only way

to make a project “PROFITABLE”. But where resources

and conditions are adequate to support new turbines,

the client must decide between new and

remanufactured turbines.

Comprehensive solutions for a Wind Project

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Remanufactured Works

Verification

and certification of

remanufactured

work following

the recommendations o

f IEC

Site Assesment

Wind mapping and

energy analysis

Power

curve verification

following the

recommendations o

f IEC

Transport & logistics

Construction

Project management

Construction monitoring

Owners’ Engineer

Development

Environmental impact

assessment

Comprehensive wind

monitoring service

Wind farm layout design

Energy yield and site

conditions assessment

Grid connection support

Turbine selection

Supply Used wind

Turbines

Technical

inspections

of wind turbines

O&M FULLSERVICE

Insurance Machinery

Breakdown

Insurance warranty availability

and production

Management

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Industry experience since 2005

• Degree in Science physics

• Involved in wind projects in Europe, LATAM, Middle East, and Asia

• Management and development of feasibility studies, verification

and Micrositing onshore wind farms. Estimation of wind farm.

Analysis of wind data

A. Jerónimo Rodriguez

General Manager

Irene Sanz

Technical Director

Alfonso Alvaro

Corporate Director

Strategy Development

Industry experience since 1996

• CEO since June 2008

• Areas of responsibility: crane and heavy lifting management ,

strategy, finance, controlling, human resources, legal affairs,

investment

• Involved in the erection and construction of more than 3,000

MW

Comercial experience since 1989

• Areas of responsibility: strategy wind farm Repowering , sales of

wind turbines assets. finances, investor relations, acquisitions,

sales, investment

• Involved in transport of wind turbines for 15 years, involved in

obtaining insurance and banking finance of major projects

LOW-COST SOLUTIONS for High Return Investment

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� Connection to Distribution Voltage prevents use of

substation. Our desired size is in the range of 3-

15MW

� Reconditioned turbines are always an economic

solution

� Use of local services for civil and electrical works

reduces cost

� Small turbines to avoid special transport cost

� Lattice tower always simplifies the logistics and

construction works

� Portable container with Transformer and/or Full

Converter to ¨Plug and Play¨

� 50hz and 60hz

Reference

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Remanufactured turbines installed worldwide

NICARAGUA

1 UNIT LAGERWAY 80KW 30HH

ITALIA

4 UNIT NTK 200KW 30HH

UK

1 UNIT VESTAS V27 225KW 31HH

SPAIN

1 UNIT LAGERWAY 80KW 40HH

1 UNIT VESTAS V27 225KW 31HH

Remanufactured wind turbine

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LAGERWAY 80KW

Remanufactured wind turbine

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LAGERWAY 80KW

Remanufactured wind turbine

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NTK 190 – 200 – 250 -300kW

Remanufactured wind turbine

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NTK 190 – 200 – 250 -300kW

Remanufactured wind turbine

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VESTAS V27

Remanufactured wind turbine

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VESTAS V27

Dismantling wind farm Rixfeld (Germany)

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5 units Bonus

600kW 58HH

Contact

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Ronda de Atocha, 37

28012 Madrid - España

T international (+34) 949 203 176

T Spain (+34) 902 103771

M (+34) 697 921 445

comercial@repoweringsolutions.com

www.repoweringsolutions.com

www.jeraneas.com