Nordex SE

EANS-News: Nordex SE
Nordex awarded 75 MW project in repeat order with EverPower

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Company Information

Norderstedt (euro adhoc) - Hamburg, 1 December 2010. Shortly after dedicating its new wind turbine manufacturing plant in Jonesboro, Arkansas, Nordex USA secured an order for a 75 MW project using N100 wind turbines from EverPower Wind Holdings, Inc. The contract includes a five-year premium maintenance and service agreement, as well as the delivery, commissioning and testing of the turbines. This is the second time EverPower has selected Nordex.

In 2009, EverPower installed 25 Nordex N90 2.5 Megawatt high-speed wind turbines at its Highland Wind Farm, a 62.5 Megawatt project located in Cambria County, Pennsylvania. At the time, it was Nordex´ largest American wind project and the first wind farm in the country using turbine generators that large.

EverPower currently has advanced stage projects in New York, Ohio, Pennsylvania and Washington totaling 600 MW of capacity targeted for construction within the next three years.

"We are extremely pleased to be building on a solid performance record with EverPower," said Ralf Sigrist, President and CEO of Nordex USA. "Our partnership proves that superior turbine technology makes wind power a competitive alternative to traditional fuels and can help secure the nation´s electricity supply."

EverPower Wind Holdings, Inc. develops, owns and operates utility-grade wind farms and sells clean electricity generated from its farms to local utilities, which purchase this electricity for resale to individual consumers and businesses. The company has offices in New York; Pittsburgh; Portland, Oregon and Bellefontaine, Ohio and is currently progressing wind farm projects in several states. EverPower is owned by its employees and the private equity firm, Terra Firma which has a range of institutional investors with the largest proportion being US-based.

"We are very pleased with the possibility of installing Nordex turbines," says Jim Spencer, president and CEO of EverPower Wind Holdings, Inc. "We have been impressed with the performance and reliability of the turbines installed at the Highland Wind Farm and from previous experience expect Nordex´ next generation of turbines will have at minimum a 97 percent availability rate."

"We are also very excited to be the first developer to install turbines manufactured in Nordex´ new Arkansas plant," said Mr. Spencer. "It reinforces what we have been saying - wind farms create American jobs."

Currently, Nordex´ largest US order to date - 150 Megawatts/60 turbines - is being installed at BP Wind Energy´s Cedar Creek wind farm in Colorado.

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

Branche: Alternative energy
ISIN:      DE000A0D6554
WKN:        A0D655
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