News Details


Third call-off from frame contract for Nordex in Finland

2016-03-09 11:46:36
DGAP-News: Nordex SE / Key word(s): Incoming Orders

2016-03-09 / 11:46
The issuer is solely responsible for the content of this announcement.


Hamburg, 9 March 2016. Nordex' customer steps up the pace in Finland. The
Finnish asset management company Taaleri, formerly named Taaleritehdas, has
now called down the third and so far largest project from the recent frame
contract with Nordex, which is financed from the fund Taaleritehtan
tuulitehdas II. The manufacturer will be installing 13 N131/3000 turbines
for the "Kivivaara" wind farm.  Nordex will be delivering the turbines in
the late summer of this year and guarantees full service on the basis of a
15-year Premium Service contract

"Kivivaara" is located in the north-east of Finland. The region is known
for its forest-covered hills and large quantities of snow and ice. Its wind
speeds offer good conditions for the N131/3000. Nordex will be supplying
all turbines in the 39 MW project with the anti-icing system to prevent ice
formation on the rotor blades and thus reduce turbine outages. In
permafrost conditions the system can increase yields by up to 25 percent.
One of the advantages here is the low energy consumption by the anti-icing

Including the third call-off, Taaleri has already ordered 30 turbines with
a total of 90 MW from the 216 MW frame contract. The remaining three
projects agreed are planned for installation by the end of 2017 at the

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 more than 20 countries around the world The
Group currently has more than 3,000 employees around the world.

About Taaleri

Taaleri, formerly known as Taaleritehdas, is a group listed on the First
North Finland marketplace, maintained by NASDAQ OMX Helsinki. Taaleri
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. Taaleri has two wind power funds, whose total
investment in wind power is approximately EUR 600 million.


2016-03-09 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.

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   Language:    English                                                     
   Company:     Nordex SE                                                   
                Erich-Schlesinger-Straße 50                                 
                18059 Rostock                                               
   Phone:       +49 381 6663 3300                                           
   Fax:         +49 381 6663 3339                                           
   ISIN:        DE000A0D6554                                                
   WKN:         A0D655                                                      
   Indices:     TecDAX                                                      
   Listed:      Regulated Market in Frankfurt (Prime Standard); Regulated   
                Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,  
                Munich, Stuttgart; Terminbörse EUREX                        
     End of News    DGAP News Service