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Nordex SE: order intake of 111 MW in Turkey


DGAP-News: Nordex SE / Key word(s): Incoming Orders

2016-11-01 / 08:36
The issuer is solely responsible for the content of this announcement.


PRESS RELEASE

Nordex: order intake of 111 MW in Turkey

Eksim Yatirim orders 37 turbines for three projects

Hamburg, 1 November 2016. The Nordex Group is strengthening its position in Turkey: in September the manufacturer received three new orders from its regular customer Eksim Yatirim. Nordex will be installing a total of 37 N117/3000 turbines for Eksim as part of the extension of the "Amasya", "Tokat" and "Susurluk" wind farms.

The Eksim Group operates in various areas of business in Turkey and plays a major role in the food and construction industries as well as the energy sector. Eksim has been realising renewable energy projects for around a decade, focussing on wind and hydroelectric power. To date the company has installed renewable energy projects in Turkey with a capacity of 540 MW, with wind energy accounting for the larger part, namely 380 MW. Nordex has installed more than half of Eksim's wind farms, totalling 235 MW.

The project sites are in the Black Sea region in the north of Turkey and in Marmara in the north-west of the country. Nordex set up the previous construction phase between 2010 and 2013, mainly using the N100/2500, the forerunner of the N117/3000. This already enabled the customer to obtain good yields on the basis of capacity factors of up to 38 percent. The N117/3000 will outdo even these yields thanks to its optimised and more modern technology.

"Eksim Investment Holding's fully engagement in renewable energy sector will increase its pace with consecutive investments. The newly signed contracts using new generation high efficient Nordex wind turbines will enable us to achieve maximum performance from our wind parks," says Mr. Sabahattin Er, Managing Director of Eksim Investment Holding

The Turkish wind market has expanded significantly in the past ten years, from less than 150 MW to more than 5,000 MW in installed capacity. Since entering the market in 2007 Nordex has installed a good 1.3 GW in Turkey, making it the market leader according to the latest half-yearly report by the Turkish Wind Energy Association.


The Nordex Group - a profile
The Group has installed around 20 GW of wind energy capacity in over 25 markets. In 2015 Nordex and Acciona Windpower generated combined revenues of EUR 3.4 billion. The company currently employs a workforce of more than 5,000. The joint manufacturing capacity includes factories in Germany, Spain, Brazil, the United States and in India. The product portfolio is focused on onshore turbines in the 1.5 to 3.6 MW class, which are tailor-made for the market requirements in developed and emerging markets.

For more information, please contact:

Nordex SE
Ralf Peters
Phone: 040 / 300 30 - 1000
Rpeters@nordex-online.com



2016-11-01 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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