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17.01.2012 – 09:40

Nordex SE

EANS-News: Nordex entering the new year with a 50 MW contract

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Company Information

Subtitle: 20 multi-megawatt turbines ordered by Bilgin Enerji for Turkish wind

Hamburg (euro adhoc) - For Nordex, business in Turkey, in which it is one of the
market leaders, has got off to a strong start in 2012. It has now received a
contract for the delivery of 20 multi-megawatt turbines from its 2.5 MW series
from Turkish power station operator Bilgin Enerji, for which Nordex has
previously assembled three wind farms with a total capacity of 210 MW.

The "Zeytineli" wind farm is to be installed on the hill rows of Alaçatı-Çeşme
in the province of Izmir in the first quarter of 2013. The coastal location is
characterised by good wind conditions, allowing the turbines to generate a
combined annual yield of around 165 gigawatt/hours, equivalent to an
above-average capacity factor of 38 percent. 

"I am delighted that we are able to continue our successful relations with
Bilgin and see this as underscoring once more the efficiency of our local
Turkish company as well the quality of our products," says Lars Bondo
Krogsgaard, Nordex chief customer officer. The partnership between the two
companies goes back to 2007. "With the hybrid design layout consisting of both
N90 and N100 gamma generation turbines, Nordex provided us the optimum energy
yield for our Zeytineli Wind Farm Project" said Tolga Bilgin, Vice President of
Bilgin Enerji. 

The financial partners for the wind farm are BayernLB and Euler Hermes
Kreditversicherung. In addition to the conventional sale of electricity, Bilgin
Enerji also plans to market carbon credits from the project. Around 160,000 tons
of CO2 emissions can be avoided through the clean production of electricity at

Further inquiry note:
Ralf Peters
Head of Corporate Communication
Tel.: +49 (0)40 300 30 15 22

end of announcement                               euro adhoc 

company:     Nordex SE
             Langenhorner Chaussee 600
             D-22419 Hamburg
phone:       +49 (0)40 30030-1000
FAX:         +49 (0)40 30030-1101
sector:      Alternative energy
ISIN:        DE000A0D6554, DE0000A0D66L2
indexes:     TecDAX, CDAX, HDAX, Prime All Share, Technology All Share, ÖkoDAX
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
             Hamburg, Stuttgart, Düsseldorf, München 
language:   English

Original content of: Nordex SE, transmitted by news aktuell

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