Nordex SE

EANS-News: Nordex AG
Nordex and Allianz extend their collaboration in France

Allianz has acquired two more wind farms from Nordex France

@@start.t1@@--------------------------------------------------------------------------------   Corporate news transmitted by euro adhoc. The issuer/originator is solely   responsible for the content of this announcement. --------------------------------------------------------------------------------@@end@@

Company Information

Subtitle: Allianz has acquired two more wind farms from Nordex France

Norderstedt (euro adhoc) - Hamburg, 23 November 2009. Nordex AG is further improving its position as one of the leading project developers on the French market: Allianz Specialised Investments, part of the alternative asset investment activities of the Allianz Group, has purchased the wind farms "Barbes d´Or" (12.5 MW) and "Joyeuses" (10 MW), planned and erected by Nordex. The total projects are equipped with Nordex N90/2500 turbines with 100 metre hub heights and are located in central France near to Issoudun.

In April this year Allianz already acquired the 12.5 MW "Les Cent Jalois" wind farm (12.5 MW) in the region of Aisne in northern France. This marked the start of the collaboration between Allianz and Nordex France. "We are pleased about this partnership. Allianz has now decided three times in favour of our N90/2500 technology, which has proved such an allround success", said Carsten Pedersen, COO Sales and marketing at Nordex.

With 334 MW on grid, Nordex is one of the three largest project developers in France. Overall, today Nordex France has a portfolio of 1,000 MW in different stages of development.

David Jones, CEO of Allianz Specialised Investments, said: "We are pleased to have acquired these two wind farms from Nordex and thereby increase our activities in France. We now have four operational wind farms in this key wind energy market. These latest investments also take our operational asset base in Europe to over 300 MW."

About Nordex As one of the technological leaders in multi-megawatt wind power systems, Nordex is benefiting from the trend in favor of large-scale turbines. The range comprises one of the world´s largest series-produced wind turbines (N80/N90/N100 2,500 kW). To date, over 1,000 turbines of this type have been installed around the world. This experience with multi-megawatt turbines gives Nordex a decisive lead over most of its competitors. Nordex has installed more than 3,900 turbines with an aggregate capacity of around 5,400 MW all around the world. With exports accounting for over 95 percent of its business, Nordex AG plays a key role in international high-growth regions. The Company has offices and subsidiaries in 18 countries around the world. The Group currently has 2,200 employees around the world.

About Allianz Specialised Investments As part of Allianz´s alternative asset investment activities, Allianz Specialised Investments is dedicated to the segment of renewable energy investments. Its aim is to build up a long-term portfolio in renewable energy sources, especially wind energy and solar PV.

For more information, please contact:
              Nordex AG
              Ralf Peters
              Telephone: + 49 - 40 - 300 30 - 1000, Telefax:  - 1333

              Allianz Group
              Petra Kruell
              Telephone: + 49 - 89 - 3800 - 2628, Telefax:  - 82628
              Mail: petra.kruell@allianz.com

@@start.t2@@end of announcement                                                 euro adhoc
--------------------------------------------------------------------------------@@end@@

ots Originaltext: Nordex AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Felix Losada
Tel.: +49 (0)40 300 30 1141
flosada@nordex-online.com

Branche: Alternative energy
ISIN:      DE000A0D6554
WKN:        A0D655
Index:    TecDAX, CDAX, HDAX, Prime All Share, Technology All Share,
              ÖkoDAX
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Stuttgart / free trade
              Düsseldorf / free trade
              München / free trade



Weitere Meldungen: Nordex SE

Das könnte Sie auch interessieren: