Nordex awarded new contract in France again

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

22.12.2017 / 09:32
The issuer is solely responsible for the content of this announcement.


Nordex awarded new contract in France again
GN Renewable Investment ordering 12 N117/3000 turbines

Hamburg, 22 December 2017. The Nordex Group has been awarded a contract for the installation of the “Epine Marie Madeleine” wind farm. GN Renewable Investments, managed by TTR Energy, a private equity management firm, has ordered twelve N117/3000 turbines from Nordex for this project. Nordex France is the developer of the Epine Marie Madeleine project. The contract covers the turnkey delivery of the project as well as service for the wind power systems over a 15-year period. The wind farm is to go on line in September 2018.

The project is located in Hauts-de-France, around 50 kilometres east of Saint-Quentin, where the wind farm will achieve an above-average capacity factor of almost 30 percent thanks to its special design oriented to the conditions of such non-coastal locations.

About the Nordex Group
The Group has installed wind power capacity of more than 21 GW in over 25 markets, generating sales of EUR 3.4 billion in 2016. It currently has roughly 5,000 employees. The production network comprises plants in Germany, Spain, Brazil, the United States and India. The product range primarily concentrates on onshore turbines in the 1.5 – 4.5 MW class addressing the requirements of land constrained as well as grid constrained markets.

About TTR Energy
TTR Energy manages private equity funds specialised in investing in electricity producing projects based on mature renewable technologies in Continental Europe with a particular focus in France. TTR Energy has invested in, financed and built (incl. projects currently under construction) more than 480MW of renewable energy projects.

Ansprechpartner für Rückfragen:

Nordex SE
Ralf Peters
Telefon: 040 / 300 30 – 1000
rpeters@nordex-online.com


22.12.2017 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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