E.ON Climate & Renewables Expands Solar Presence

Sep 10, 2012, 11:33 ET from E.ON Climate & Renewables

SAN FRANCISCO, Sept.10, 2012 /PRNewswire/ -- E.ON Climate & Renewables (EC&R) is expanding its solar operations in the United States and relocating its global solar headquarters to San Francisco, California.

"We are very pleased with how quickly our U.S. based development activities have grown in the recent past and recognize the U.S. as being a very attractive and robust market for EC&R." said Christophe Jurczak, Executive Vice President, EC&R North America Solar.

To accommodate the staff expansion, EC&R's solar team will relocate its offices to 20 California Street in San Francisco's Financial District. Peter Moritzburke, VP, Solar Development commented, "It didn't take long to outgrow our current office. We've brought together the experienced team needed to develop, build and operate our projects. With that team comes a thorough understanding of the needs of our customers, the technology and the multiple markets we're involved with." The relocation to the new offices is expected to be complete in October.

The company's solar team is currently active in several states across the nation. "Having experience with our E.ON utility affiliates and other utilities in several countries gives us unique insights for integrating solar generation into a resource portfolio," said Jurczak. The company's focus will continue to be on the development, construction and operation of solar generation facilities.

"The expansion of our Solar Group's presence broadens EC&R's reach into the U.S. market," EC&R CEO Mike Winkel stated. EC&R's Solar Group presence compliments the company's other renewable generation activities in the U.S. The Company has developed, built and operates nearly $5 billion in onshore wind generation assets with more than 2,400 megawatts at 16 generating sites.

About EC&R

E.ON Climate & Renewables (EC&R) is responsible for the E.ON group's large-scale renewable energy activities around the world. Tapping renewable energy sources offers enormous alternatives, both from a business perspective and for the environment. E.ON Climate & Renewables has already invested €8 billion in renewable energy projects and will continue to expand the share of renewable energy in E.ON's power generation portfolio. E.ON has thus taken a leading role in developing renewable energy sources worldwide. For more information, please visit www.eon.com/renewables.

This press release may contain forward-looking statements based on current assumptions and forecasts made by E.ON Group management and other information currently available to E.ON. Various known and unknown risks,

uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. E.ON AG does not intend, and does not assume any liability whatsoever, to update these forward-looking statements or to conform them to future events or developments.

Matt Tulis, Communications Manager, EC&R NA
512.423.1840 matthew.tulis@eon.com

SOURCE E.ON Climate & Renewables