DGAP-News: Nordex SE / Key word(s): Contract
24.10.2018 / 10:15
The agreements for O&M service cover the entire 384 MW Falck Renewables Nordex portfolio highlighting improved terms and conditions and 5 years clear visibility
Milan, Hamburg, 24. October 2018. Falck Renewables renewed the service contracts with the Nordex Group for 14 of its wind farms in Europe entering into a five year frame agreement covering the entire Falck Renewables portfolio using Nordex wind technology. The maintenance contract spans 159 turbines of the 2 to 2.5 MW series installed between 2007 and 2016 present in Great Britain, France and Italy.
The agreement re-defines the service contract structure, bringing it to current terms and standards, meeting the needs of both parties. Fees are linked to production based availability. This approach provides additional production security for the wind farms and allows the Nordex Group to plan plant maintenance even smarter.
«This historical agreement is a fundamental milestone to reach our wind farms availability and O&M cost targets which are a key component of our industrial plan. We are very pleased that Nordex Group, a world’s leading wind turbine manufacturer and Service provider, was willing to negotiate a new innovative and convenient frame agreement for all our Nordex turbines that adds substance to a long-standing and successful partnership with Falck Renewables,» said Toni Volpe, CEO of Falck Renewables.
«We are convinced that the original manufacturer knows best about its turbines and gets the most out of them. That is why I am very pleased with the order and the great confidence shown in the group by our customer, » said José Luis Blanco, CEO of Nordex Group.
Falck Renewables S.p.A
The Nordex Group – a profile
For information about Falck Renewables please contact:
SEC SPA – Tel. 02.6249991 Marco Fraquelli, Fabio Leoni, Fabio Santilio / CDR Communication – Tel. 335 6909547 Vincenza Colucci
For more information, about the Nordex Group please contact:
Contact for investors:
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