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Nordex SE

EANS-News: Nordex SE
Nordex prevailing again in the high-wind segment

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Company Information

Subtitle: Contract awarded for two wind farms in Ireland


Hamburg (euro adhoc) - Hamburg, 27 July 2012. Nordex has been awarded a contract
for the delivery and assembly of seven high-wind turbines for the Irish
"Glenough 2" and "Gibbett Hill" projects. "Glenough 2" entails an extension to
an existing 32.5 MW wind farm, which Nordex previously also built, while
"Gibbett Hill" is a new 15 MW wind farm. The two projects are located in the
south of the Republic of Ireland at windy elevated sites. 

In both cases, the customer, wind farm developer ABO Wind, has opted for the
N90/2500 turbine, which is optimally configured for these locations with wind
speeds of approximately 9 m/s. The annual yield of the seven turbines has been
calculated at around 70 GWh, translating into an above-average capacity factor
of a good 45 percent.

Wiesbaden-based project developer ABO Wind has been working closely with Nordex
for many years. "In view of our favourable experience with the company and its
products, we have decided to also install these turbines in Ireland together
with Nordex," says Dr. Jochen Ahn, a member of the management Board of ABO Wind
AG and its founder. Together with the recent projects, the installed capacity of
all wind farms which ABO Wind has installed in Ireland using Nordex turbines
will come to 70 megawatts. "Alongside Germany and France, Ireland figures
amongst ABO Wind's most important markets," he adds.

Work on the project is to be completed in December 2012 (Glenough 2) and May
2013, respectively. The order also includes a premium-service contract for an
initial period of five years. 

About ABO Wind
ABO Wind plans and installs turn-key wind parks and is one of the pioneers of
wind power in Germany. Back in 1996, Dr. Jochen Ahn and Matthias Bockholt
established the company in Wiesbaden, Germany, out of their enthusiasm for wind
power and their desire to make a contribution to climate protection. With around
200 employees, ABO Wind is currently active in seven European countries as well
as South America. ABO Wind initiates wind farm projects, buys sites and performs
all technical and business planning as well as preparing the bank finance. It
offers private individuals a profitable means of investing in renewable
energies, particularly in the form of the ABO Invest wind share (WKN A1EWXA),
which is listed on the stock exchanges of Düsseldorf and Frankfurt.

About Nordex
As one of the technological leaders in multi-megawatt wind power systems, Nordex
is benefiting from the trend in favour of large-scale turbines. The range
comprises one of the world's largest series-produced wind power systems
(N90/2500, N100/2500, N117/2400). To date, over 1,800 turbines of this type have
been installed around the world. This experience with multi-megawatt turbines
gives Nordex a decisive lead over most of its competitors. Nordex has installed
a total of around 4,900 turbines with an aggregate capacity of more than 7,500
MW all around the world. With exports accounting for more than 85 percent of its
business, Nordex SE plays a key role in international high-growth regions. The
Company has offices and subsidiaries in 22 countries around the world with a
total global headcount of over 2,500 employees.


Further inquiry note:
Felix Losada
Tel.: +49 (0)40 300 30 1141
 
flosada@nordex-online.com

end of announcement                               euro adhoc 
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company:     Nordex SE
             Langenhorner Chaussee 600
             D-22419 Hamburg
phone:       +49 (0)40 30030-1000
FAX:         +49 (0)40 30030-1101
mail:         info@nordex-online.com
WWW:         http://www.nordex-online.com
sector:      Alternative energy
ISIN:        DE000A0D6554, DE0000A0D66L2
indexes:     TecDAX, CDAX, HDAX, Prime All Share, Technology All Share, ÖkoDAX
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
             regulated dealing/prime standard: Frankfurt 
language:   English

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