On 1 October 2008, Atel subsidiary Atel EcoPower Ltd. acquired 49 per cent of the shares in Wasserkraftwerke Weinfelden AG, corresponding to virtually all of the shares offered by Model AG, Weinfelden. The new shareholder base now consists of Atel EcoPower Ltd. (49 per cent), Meyerhans + Cie AG(41 per cent) and Thurkraftwerk AG (10 per cent). Wasserkraftwerke Weinfelden AG operates three small hydroelectric power stations in the canton of Thurgau with an installed capacity of 1,560 KW and an annual production volume of 9.8 Gigawatt hours. This investment in Wasserkraftwerke Weinfelden AG is a further move in Atel's drive
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