Nordex SE

EANS-News: Nordex SE
Nordex awarded contract for 30 MW wind farm in Spain

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Company Information

Subtitle: Further calldown on the  framework agreement with Eolia Renovables

Hamburg (euro adhoc) - Hamburg, 1 February 2012.   Wind turbine manufacturer
Nordex has been awarded a contract for the assembly and installation of the
"Barbers" 30 MW wind farm, comprising twelve N90/2500 wind turbine systems. The
contract is based on a framework agreement entered into with power station
operator Eolia Renovables, which originally provided for a capacity of 150
megawatts. The co-investor is the Elecnor Group, whose core business entails
infrastructure projects including the construction and operation of wind farms. 

The "Barbers" project will be built in the Spanish province of Tarragona in
Catalonia on a mountain ridge close to the coast at an altitude of around 400
metres. The nominal annual yield of the twelve multi-megawatt turbines will come
to 88 gigawatt/hours at this location. 

Eolia Renovables has already commenced the preparatory civil works. Nordex will
be installing the first turbines in April, with the wind farm to go on grid in
summer 2012.

About Nordex
As one of the technological leaders in multi-megawatt wind power systems, Nordex
is benefiting from the trend in favour of large-scale turbines. The range
comprises one of the world´s largest series-produced wind power systems
(N80/2500, N90/2500, N100/2500, N117/2400). To date, over 1,700 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 a total of around 4,700 turbines with an aggregate capacity of more
than 7,100 MW all around the world. With exports accounting for more than 90
percent of its business, Nordex SE plays a key role in international high-growth
regions. The Company has offices and subsidiaries in 19 countries around the
world with a total global headcount of over 2,600 employees.

About Eolia Renovables
Eolia Renovables is one of the leading independent European wind and
photovoltaic solar power producers. Its growth strategy is predicated on taking
equity interests in mid-sized renewable energy companies. Its founding
shareholders include specialist alternative asset managers such as the N+1
Group, independent developers such as Preneal and financial institutions such as
Bankinter. Other core investors include some of Spain´s most important
institutional investors, such as BBK, Kutxa, Fonditel and Banco Sabadell, among

About N+1 Eolia
N+1 Eolia SGECR, the management firm for Eolia Renovables, is the only entity in
its class in Spain as it is devoted exclusively to managing renewable energy
endeavours. It currently manages two vehicles: Eolia Renovables de Inversiones
and Mistral Biocombustibles de Inversiones. N+1 Eolia is part of the N+1 Group,
an independent entity specialised the provision of value added financial
products and services. Its activities can be grouped into two core business
lines: alternative asset management and corporate financial advisory services.
The N+1 Group currently has over EUR2.5 billion of assets under management and
has offices in Madrid, Barcelona, Frankfurt and
Luxembourg and a headcount of 130.

Further inquiry note:
Felix Losada
Tel.: +49 (0)40 300 30 1141

end of announcement                               euro adhoc 

company:     Nordex SE
             Langenhorner Chaussee 600
             D-22419 Hamburg
phone:       +49 (0)40 30030-1000
FAX:         +49 (0)40 30030-1101
sector:      Alternative energy
ISIN:        DE000A0D6554, DE0000A0D66L2
indexes:     TecDAX, CDAX, HDAX, Prime All Share, Technology All Share, ÖkoDAX
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
             regulated dealing/prime standard: Frankfurt 
language:   English

Weitere Meldungen: Nordex SE

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