Nordex SE: The Nordex Group to supply N149 turbines for an 86 MW project for Mainstream Renewable Power in Chile

DGAP-News: Nordex SE / Key word(s): Incoming Orders
12.12.2019 / 07:30
The issuer is solely responsible for the content of this announcement.

Hamburg, 12 December 2019. The Nordex Group has received its first order for its N149/4.0-4.5 turbines from Chile. Mainstream Renewable Power, the global wind and solar development company, has ordered 18 turbines from the Delta4000 series for the «Alena» wind farm. The Nordex Group will supply the N149 turbines in the 4.8 MW operating mode. Mainstream has also signed a Premium Service contract with the Nordex Group for a period of 15 years, with an option to extend by a further five years. Installation of the turbines is due to start in autumn 2020.

The 86 MW «Alena» wind farm will be built in the region of Bío-Bío. Here, annual average wind speeds of 6.8 metres per second prevail at a hub height of 145 metres. Following completion at the beginning of 2021, «Alena» will provide more than 270 GWh of clean electricity a year.

«I am delighted that we are gaining a new customer in Mainstream Renewable Power, one of the leading project developers with a great deal of international experience. The trust placed in our company and technology is both a commitment and motivation. This order shows once again that our existing product range enables us to offer our customers technology for achieving optimum yields at all locations worldwide», says Patxi Landa, CSO of the Nordex Group

Manuel Tagle, Mainstream Renewable Power’s General Manager for Latin America says:»We are delighted to be partnering with the Nordex Group at the Alena wind farm which is part of our wholly-owned and fully-contracted 1.3 GW Andes Renovables wind and solar generation platform in Chile. When fully operational it will generate enough carbon-free electricity to supply more than one in every six Chilean homes and will play an important role in helping to reduce the cost of electricity generation in the country.»

About Mainstream Renewable Power
Mainstream Renewable Power is the world’s only independent developer of utility-scale wind and solar power assets with a global footprint. The company is focused on delivering a high-quality portfolio of more than 9 GW of wind and solar assets across Latin America, Africa, Asia Pacific as well as the Offshore wind sector globally. Mainstream is currently constructing 1.5 GW across Latin America and Africa. In Chile, Mainstream’s wholly-owned 1.3 GW of fully contracted wind and solar assets are on track to reach commercial operation from 2021. In Africa, the company has delivered 600 MW of wind and solar assets into commercial operation in South Africa and currently has 250 MW of wind assets in construction there. Mainstream is a world leader in the development of offshore wind assets. Mainstream’s Soc Trang 800MW offshore wind development in Vietnam is South East Asia’s single largest renewable energy development. Mainstream has raised more than EUR2.1bn in project finance to date and employs 260 staff across five continents.

The Nordex Group – a profile
The Group has installed more than 27 GW of wind energy capacity in over 40 markets and in 2018 generated revenues of around EUR 2.5 billion. The company has more than 6,000 employees. The joint manufacturing capacity includes factories in Germany, Spain, Brazil, the United States, India, Argentina and Mexico. The product portfolio is focused on onshore turbines in the 2.4 to 5.X MW class, which are tailor-made for the market requirements of countries with limited space and regions with limited grid capacity.

For more information, please contact:
Nordex SE
Felix Losada
Phone: +49 (0)40 / 300 30 – 1141

Contact for investors:
Nordex SE
Felix Zander
Phone: +49 (0)40 / 300 30 – 1116

12.12.2019 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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