Nordex SE

EANS-News: Nordex SE
Nordex USA wins 41 MW order for Iowa wind farm

-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Marketing Hamburg (euro adhoc) - Hamburg, 15 December 2010. Nordex USA announced today an order with wind farm developer RPM Access for a 41 Megawatt wind farm in Delaware County Iowa, just weeks after finalizing a 75 Megawatt order with EverPower Wind Holdings. Nordex´ new manufacturing plant in Jonesboro, Arkansas will produce the turbines. The contract includes a 10-year premium service contract, as well as the delivery, installation, commissioning and testing of 17 Nordex N100 turbines. The Elk Wind Farm is Nordex´ first project with RPM Access, and represents the second order Nordex has received since dedicating its plant in October. The project strengthens a growing local workforce in Arkansas that has reached over 70 new hires already, with the potential of increasing to 700 over the next four years, in accordance with the market. "RPM Access is one of the most experienced and knowledgeable developers in the Midwest," said Ralf Sigrist, President and CEO of Nordex USA. "And as Nordex is also a pioneer in wind, working together was a real meeting of minds. We share the same passions - building new energy sources for the future, bringing cost predictability to a volatile electricity market and using the best technology available to achieve these goals." Elk Wind is a construction-ready project slated for completion in October 2011. RPM Access will own and operate the wind farm, and Central Iowa Power Cooperative will purchase the power via a 20-year power purchase agreement. Based in West Des Moines, RPM Access has initiated the development of six operating wind projects in Iowa, representing 370 Megawatts, over the past 10 years and has a robust project pipeline. "The Nordex model N100 is a near perfect match for the wind regime found at the Elk Wind site in North East Iowa," said Stephen Dryden, Principle of RPM Access. "In our diligence, we found Nordex´ global record for reliability, efficiency and service to be a key selling point that will help us maximize power output. We are also extremely happy to be sourcing American-made turbines that support American jobs, as well as to bring more green energy to the Midwest." Iowa is the second largest generator of wind energy in the US, producing nearly 20% of its electricity from wind with over 3,500 Megawatts installed. Iowa has been able to significantly reorder its energy portfolio by way of forward-thinking public policies, including a requirement that utilities offer the opportunity to purchase green energy to their customers. Nordex has both completed and planned installations in several states, including Minnesota, Pennsylvania, Wisconsin, Maryland, Colorado and now Iowa. 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. Nordex - a profile As a technological leader among suppliers of megawatt turbines, Nordex benefits particularly from the global trend towards large-scale wind turbines. The product range includes one of the largest series wind power systems in the world (N80/N90/N100, 2,500 kW) with more 1,300 of these turbines having been produced to date. This means that Nordex has a crucial edge in terms of experience in operating large turbines compared to most of its competitors in the sector. Overall, Nordex has installed a more than 4,200 turbines with a capacity in excess of 6,000 MW around the world. With exports accounting for over 95 percent of its business, Nordex also has a strong position in international high-growth regions. The company has offices and subsidiaries in 18 countries. In total, the Group employs more than 2,400 people worldwide.   US press contact: CNC - Communications & Network Consulting (US) Inc. Felice Ahn Phone: +1 (212) 207-3182, Mobile: +1 (917) 916-6468 Email: European press contact: Nordex SE Ralf Peters Head of Corporate Communications Phone: + 49 (0) 40 / 300 30 - 1000, Fax: - 1333 end of announcement euro adhoc -------------------------------------------------------------------------------- Further inquiry note: Ansprechpartner für Rückfragen: Nordex SE Ralf Peters Telefon: 040 / 300 30 - 1000, Telefax: - 1333 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 Hamburg / free trade Stuttgart / free trade Düsseldorf / free trade München / free trade

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