Nordex: Framework agreement for up to EUR 118 mn
First tranche worth around EUR 41 mn called for
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Nordex AG has signed a framework agreement for the supply of 30 wind turbines from the Nordex N90 series (2,300 or 2,500 kW) with the German project development subsidiary of a large European wind energy group. This framework agreement is worth EUR 68 mn. The agreement also contains an option for 22 further turbines in the same series. Including the extension, the framework agreement has an order value of some EUR 118 mn. The turbines are to be delivered from the 4th quarter 2007 and until to the end of 2009.
The German project developer has already called for the first turbines from the framework agreement with Nordex. Nordex will be installing 18 N90/2,300 turbines worth EUR 41 mn on 100-metre tubular steel towers in four wind farms developed by the customer in Germany. The wind farms at Diemelsee, Wanlo and Elsdorf are due to be completed in 4th quarter of.
end of announcement euro adhoc 12.10.2006 12:27:56
Further inquiry note:
Ralf Peters
Tel.: +49 (0)40 50098 522
rpeters@nordex-online.com
Branche: Alternative energy
ISIN: DE000A0D6554
WKN: A0D655
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade