Press Releases

27/09/2007

International Power completes acquisition of 28 MW Schkortleben Wind Farm located in Germany

(London – 27 September) International Power is pleased to announce that it has successfully completed the acquisition of the 27.6 MW Schkortleben operating wind farm, located in the east of Germany, from e.n.o. energy. The equity purchase price is €9.3 million (£6.5 million). The enterprise value is €36.8m (£25.7m), equivalent to €1333 per kW.

This value enhancing acquisition complements the IPR portfolio of windfarms in Germany principally established through the Levanto and Trinergy (Maestrale) acquisitions. International Power now has 1,081 MW of operational wind turbines and a further 99 MW under construction.

This acquisition has been funded through existing liquid resources.

Notes to Editors:

An exchange rate of £1:€1.43 has been applied in this announcement.

For further information please contact:

Investor / Media Contact:
James Flanagan
Telephone: +44 (0)20 7320 8869

About International Power

International Power plc is a leading independent electricity generating company with 30,807 MW gross (18,935 MW net) in operation and 224 MW gross (149 MW net) under construction. International Power has power plants in operation or under construction in Australia, the United States of America, the United Kingdom, the Czech Republic, France, Germany, Italy, the Netherlands, Portugal, Spain, Turkey, Bahrain, Oman, Qatar, Saudi Arabia, the UAE, Indonesia, Pakistan, Puerto Rico and Thailand. International Power is listed on the London Stock Exchange with ticker symbol IPR. Company website: www.ipplc.com.