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Nordex SE Earnings Release 2017

Sep 12, 2018

309_rns_2018-09-12_e9227add-f5bd-42a6-9674-96b76abe35a0.html

Earnings Release

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News Details

Corporate | 12 September 2018 07:30

Nordex Group awarded big-ticket contracts in South Africa

DGAP-News: Nordex SE / Key word(s): Incoming Orders

12.09.2018 / 07:30

The issuer is solely responsible for the content of this announcement.


Utilities ordering 80 turbines with a combined capacity of 252 MW

Hamburg, 12 September 2018. The Nordex Group has again received big-ticket contracts from South Africa to install a total of 80 AW125/3150 turbines for the “Garob” and “Copperton” projects.

The project “Garob” comprises 46 turbines which Enel Green Power has ordered. The second project (“Copperton”) comprises 34 turbines for the developer and independent power producer Elawan.

Both projects include delivery and installation as well as multi-year service contracts. As well as this, Nordex will be producing the 100-meter concrete towers close by, thus lowering the costs and increasing local manufacturing content.

“South Africa is an important market for us, which is why we are pleased to be executing these two orders. We have been awarded turbine supply for a total of around 400 MW in 2018,” says Patxi Landa, Chief Sales Officer of Nordex SE.

Both wind farms are located in the province of Northern Cape close to the town of Copperton.

About the Nordex Group

The Group has installed wind power capacity of more than 23 GW in over 25 markets, generating sales of around EUR 3.1 billion in 2017. It currently has roughly 5,000 employees. The production network comprises plants in Germany, Spain, Brazil, the United States and India. The product range primarily concentrates on onshore turbines in the 1.5 – 4.8 MW class addressing the requirements of land constrained as well as grid constrained markets.

For more information, please contact:

Nordex SE

Felix Losada

Phone: + 49 40 300 30 – 1000

[email protected]

Investor contact:

Nordex SE

Felix Zander

Phone: +49 (0)40 / 300 30 – 1116

[email protected]


12.09.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.dgap.de


Language: English
Company: Nordex SE
Erich-Schlesinger-Straße 50
18059 Rostock
Germany
Phone: +49 381 6663 3300
Fax: +49 381 6663 3339
E-mail: [email protected]
Internet: www.nordex-online.com
ISIN: DE000A0D6554
WKN: A0D655
Indices: TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
End of News DGAP News Service

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