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Nordex Finland: Frame contract for 216 MW for projects in 2016/17 signed

2016-01-26 08:54:41
DGAP-News: Nordex SE / Key word(s): Incoming Orders

2016-01-26 / 08:54
The issuer is solely responsible for the content of this announcement.

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Hamburg, 26 January 2016 Nordex has signed a frame contract with the
Finnish asset management company Taaleritehdas. The companies have agreed
on the delivery of 72 N131/3000 turbines for six projects in 2016 and 2017.

The planned projects are intended for different IEC-3 sites in Finland. The
customer has now called down the first two wind farms, "Limakko" and
"Kantti", with a total of 17 turbines and 51 MW. Delivery is to be effected
in the course of this year.

With this frame contract covering a total volume of 216 megawatts Nordex is
strengthening its position in the important Finnish wind market, where the
manufacturer has been operating through a subsidiary since 2011. The
company has a particular advantage in Scandinavia with its anti-icing
system, which makes it possible to increase the energy yield of turbines in
cold regions by up to ten percent by reducing machine stops due to ice. The
frame contract with Taaleritehdas also includes the anti-icing system in
the supply schedule.

"Nordex's strong footprint in Finland and its wealth of experience with
turbines for cold regions were the key factors in deciding in favour of
this second frame contract," says Director Taamir Fareed from
Taaleritehdas.

"We plan every new market entry very carefully and in Finland this has paid
off. As a key account, particularly Taaleritehdas has made a major
contribution to our success in Scandinavia. We will continue to justify
their renewed confidence in us with good quality and dependable service,"
says Nordex CEO Lars Bondo Krogsgaard. The frame contract for the projects
in 2016/17 is already the second this asset management company has
concluded with Nordex. The manufacturer had supplied 36 N117/2400 turbines
from the first contract in 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
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 3,600 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 as well as the
N131/3000 for the German market). Nordex has installed around 7,000
turbines with an aggregate capacity of over 12,000 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 The Group
currently has more than 3,000 employees around the world.


About Taaleritehdas

Taaleritehdas is a group listed on the First North Finland marketplace,
maintained by NASDAQ OMX Helsinki. Taaleritehdas provides wealth management
and financing services to institutional investors, companies and private
individuals. The Group has over 180 employees. Its offices are located in
Helsinki, Tampere, Turku, Pori, Oulu, Istanbul and Nairobi. Taaleritehdas
has two wind power funds, whose total investment in wind power is
approximately EUR 600 million.

Further information about the company and services can be found at: 
www.taaleritehdas.fi
www.fellowfinance.fi
Taaleritehdas on Twitter


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2016-01-26 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

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   Language:    English                                                     
   Company:     Nordex SE                                                   
                Erich-Schlesinger-Straße 50                                 
                18059 Rostock                                               
                Germany                                                     
   Phone:       +49 381 6663 3300                                           
   Fax:         +49 381 6663 3339                                           
   E-mail:      info@nordex-online.com                                      
   Internet:    www.nordex-online.com                                       
   ISIN:        DE000A0D6554                                                
   WKN:         A0D655                                                      
   Indices:     TecDAX                                                      
   Listed:      Regulated Market in Frankfurt (Prime Standard); Regulated   
                Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,  
                Munich, Stuttgart                                           
 
   
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