Nordex SE

Nordex receives its largest ever delivery contract

Master contract for up to 640 MW signed

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cooperations/Order intake

Norderstedt (euro adhoc) - Nordex has signed a supply framework agreement with one of its key accounts, international investment and advisory firm Babcock & Brown (ASX: BNB). The contract is for the delivery of wind turbines with a total capacity of up to 640 megawatts (MW) for an undisclosed sum.

The first agreement installment entails the delivery of 120 2.3 MW and 2.5 MW N90 turbines with a combined capacity of 289 MW. Nordex will be installing these turbines in Portugal and partially also in France on a turn-key basis for Babcock & Brown, and will therefore be undertaking the foundation works, substation and electrical installations prior final delivery.

In addition, the contract provides for options for a further 100 turbines of the same model (up to 250 MW) and additional projects totalling 100 MW which Nordex has developed in France. All the turbines are to be delivered over a period commencing in mid 2008 through to 2011.

"We are very happy that Babcock & Brown has chosen Nordex as one of their key suppliers for their European projects. Such a large and long time agreement with one of the largest players in the wind business is an important milestone in continuing our growth path of around 50 per cent each year", says Thomas Richterich, CEO of Nordex.

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ots Originaltext: Nordex AG
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Further inquiry note:
Ralf Peters
Head of Corporate Communication
Tel.: +49 (0)40 50098 522

Branche: Alternative energy
ISIN:      DE000A0D6554
WKN:        A0D655
Index:    CDAX, Prime All Share, Technologie All Share, TecDAX, HDAX,
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Börsen:  Frankfurter Wertpapierbörse / regulated dealing/prime
              Börse Berlin-Bremen / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Bayerische Börse / free trade

Weitere Meldungen: Nordex SE

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