Nordex SE

EANS-News: Nordex SE
Nordex continuing to expand in Northern Europe

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Company Information

Subtitle: Framework contract signed with a Wealth Management company in Finland
for up to 111 multi-megawatt turbines 

Hamburg (euro adhoc) - Hamburg, June 29, 2012. Nordex has signed a framework
contract with Finnish Wealth Management company Taaleritehdas for the delivery
and installation of up to 111 2.5 MW multi-megawatt turbines. The turbines have
been earmarked for various wind farms which are to be installed in Central,
Southern and Northern Finland from 2013 onwards. With a volume of some 260 MW,
the project substantially exceeds the wind power capacity so far connected to
the grid in Finland. Thus, after being present for just under one year in the
new market of Finland, Nordex has already been able to gain one of the largest
master contracts in its history.

Much of the project is to be financed by equity which Taaleritehdas has raised
via a retail investment fund. The company has raised equity from over 200
private investors to the fund investing in wind energy. 

The key factor in Nordex's favour was the successful work which it had
demonstrated on numerous demanding projects in Scandinavia in the past together
with its range of low wind speed turbines. Thus, Nordex has in the N117 one of
the most efficient turbines for inland locations, which it offers on towers with
a height of up to 141 metres. "What is more, our anti-icing system is meeting
with great interest in Scandinavia as it can boost energy yields by up to ten
percent in these low-temperature regions. This contract marks an important
reference for our sustained growth in the high-potential Finnish market," says
Nordex Management Board member Lars Bondo Krogsgaard. 

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
(N90/2500, N100/2500, N117/2400). To date, over 1,800 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 4,900 turbines with an aggregate capacity of more than 7,500
MW all around the world. With exports accounting for more than 85 percent of its
business, Nordex SE plays a key role in international high-growth regions. The
Company has offices and subsidiaries in 22 countries around the world with a
total global headcount of over 2,500 employees.

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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