Nordex SE: Swift Current Energy Secures 196 MW in Wind Turbine Supply from Nordex Group

DGAP-News: Nordex SE / Key word(s): Incoming Orders
14.12.2021 / 07:30
The issuer is solely responsible for the content of this announcement.

Hamburg, Germany and Boston, MA, USA December 14 2021. Swift Current Energy (« Swift Current »), a leading North American clean energy platform, has signed an agreement with the Nordex Group to purchase 41 N149/4.X wind turbines for Swift Current’s Castle Gap Wind Project in Central Texas. Both parties have also signed a service contract covering five years of operations and maintenance.

The Nordex Delta4000 turbines will be utilized at Swift Current’s 196 megawatt (MW) Castle Gap Wind Project in Mills and Lampasas Counties, Texas, USA. The Castle Gap Project is expected to commence operations by the close of 2022. Castle Gap is Swift Current’s second large scale wind development in Texas; the company successfully developed and commercialized the 550 MW High Lonesome Wind Project in Crockett and Upton Counties in 2019. Swift Current has commercialized more than 1.1 GW of projects since 2016 and has a growing pipeline of more than 6 GW of wind, solar and energy storage projects across North America.

Eric Lammers, CEO of Swift Current, noted, « Texas is the number one renewable energy generator in the United States, producing a quarter of the national total and over 21 percent of all in-state electricity generation. We are pleased to partner with the Nordex Group to secure turbine supply for our Castle Gap Wind Project and to meaningfully contribute to the clean energy landscape in Texas. »

The Nordex Group will supply the turbines on tubular steel towers with a hub height of 108 metres. Delivery and installation of the turbines is scheduled for summer 2022 with commissioning of the turbines planned for the end of the same year.

« We are very happy to support Swift Current Energy on their way to decarbonize the U.S. electricity sector utilizing our wind turbine technology at the Castle Gap project. The N149/4.X turbines with its flexible power modes will be operated in the 4.8 MW rating to ensure maximum clean power generation at the site, » said Patxi Landa, CSO of the Nordex Group.

About Swift Current Energy
Swift Current Energy acquires, develops, constructs, owns and operates highly competitive, utility-scale wind, solar energy and battery storage projects across the United States. Backed by Buckeye Partners, L.P. and Nala Renewables, Swift Current has commercialized 1.1 GW of renewable energy projects and has a growing project pipeline with more than 6 GW across North America. Swift Current Energy is headquartered in Boston, Massachusetts and has offices in Illinois, Maine, Montana and Texas, USA.

The Nordex Group – a profile
The Group has installed more than 37 GW of wind energy capacity in over 40 markets and in 2020 generated revenues of EUR 4.6 billion. The company currently employs a workforce of approx. 8,500. The joint manufacturing capacity includes factories in Germany, Spain, Brazil, the United States and India. The product portfolio is focused on onshore turbines in the 4 to 6.X MW class, which are tailor-made for the market requirements of countries with limited space and regions with limited grid capacity.

Contact for press questions:
Swift Current Energy
Ally Copple

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

14.12.2021 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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