Back

Nordex to build largest wind farm in Uruguay

2015-03-18 10:04:59

Nordex SE / Key word(s): Incoming Orders

2015-03-18 / 10:04


Press release

Nordex to build largest wind farm in Uruguay
Follow-up contract awarded by UTE for 142 MW

Hamburg, xy March 2015. Nordex SE expands its business in South America and reinforces its business relations with the Uruguayan state power company UTE (Usinas y Trasmisiones Electricas), which has placed a contract for the installation of the "Pampa" wind farm. UTE's project comprises 59 N117/2400 wind turbines, which Nordex will be installing on a turn-key basis. Following construction of the wind farm, the two companies will continue their partnership on a long-term basis under a premium service contract with a duration of minimum ten years.

Nordex will commence infrastructure work on access routes, foundations and cabling etc. in the first half of 2015. The wind farm will go on-line towards mid of 2016 and yield an expected 640 GWh of electricity per year, allowing UTE to provide some 180,000 households with local clean electricity. Nordex will source services and components from a number of local suppliers during the construction as well as the maintenance phase.

The "Pampa" project is located in the largest and thinly populated Department of Tacuarembo in the heart of Uruguay. The project has mean wind speeds of 7.9 metres per second, which will be converted into electricity by Nordex' N117/2400 wind turbines on towers that are 91 metres tall.

"Pampa" is being financed together by KfW IMPEX-Bank and Bayerische Landesbank.

"Nordex is very pleased to have been selected as supplier for UTE again", says Lars Bondo Krogsgaard, a member of Nordex' Management Board. "UTE is changing Uruguay's energy landscape at an impressive pace, and we are proud to be allowed to be part of the realization of UTE's vision".

To date, Nordex has installed a total of 49 turbines with a combined capacity of almost 120 MW in Uruguay. Capacity of a further 50 MW will be installed alongside the "Pampa" project. Nordex' activities in Uruguay are conducted through the company's Montevideo based subsidiary.

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 Generation Gamma range comprises the N90/2500, N100/2500 and the N117/2400, which is one of the most efficient series turbines for non-coastal regions. To date, over 2,600 of these turbines have been produced. With Generation Delta, Nordex is now offering the fourth generation of its proven multi-megawatt platform (N100/3300, N117/3000, N131/3000). Nordex has installed more than 6,000 turbines with an aggregate capacity of over 10,000 MW all around the world. With exports accounting for around 70 percent of its business, Nordex SE also 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 2,700 employees.

For more information, please contact:

Nordex SE
Ralf Peters
Telephone: + 49 40 300 30 - 1000
rpeters@nordex-online.com





2015-03-18 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de



334411  2015-03-18