EANS-News: Nordex: Contracts signed for 250 megawatts

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Contracts/order intake

Subtitle: Installation of wind farms in Pakistan due to start in 2012

Hamburg (euro adhoc) - After becoming one of the first wind turbine
suppliers to secure a contract in the Pakistan market, Nordex has
cemented its position as the market leader. Nordex has signed supply
and service contracts for N100/2500 turbines with a further four
companies from Pakistan. Subject to final approval by the Pakistan
authorities and funding, these contracts will cover five projects of
20 turbines each, providing a total of 250 megawatts to the Pakistan
grid.

Nordex is convinced that the wind market in Pakistan will develop at
a rapid pace. In order to meet the growing demand for power,
government and a number of commercial enterprises are planning
substantial increases to Pakistan´s power generation capacity with
wind power energy set to play a key role. The Pakistan government
estimates the exploitable wind power potential in Sindh Province in
the south of the country to be some 11,000 megawatts alone.

Sindh Province is also the location where Nordex´ wind turbines will
be installed. Two of the projects are owned by subsidiaries of Fauji
Foundation. Another subsidiary of Fauji Foundation, Fauji Fertilizer
Company, previously awarded Nordex its first 50 megawatt project in
Pakistan in 2010. The first 1.5 megawatt turbines for this project
will be shipped to Pakistan next month. Two of the new wind power
projects announced today are due in 2012 with each supplying around
150 gigawatthours of electricity per annum.

The customers for the other three N100/2500 projects are also large
Pakistani companies. Gul Ahmed Wind Power Limited (a wholly owned
subsidiary of Gul Ahmed Energy Limited), Metro Power Company Limited
and Yunus Energy Limited (part of Yunus Brothers Group) have all
signed one project each. These wind farms are due to be built in 2012
and 2013. Both Gul Ahmed Energy Limited and Yunus Brothers Group have
already invested in conventional power projects within Pakistan and
are now expanding their portfolios with renewable projects.

CSO Lars Bondo Krogsgaard: "Pakistan is the most important Asian
market outside China for Nordex today. The fact that we were able to
sign contracts with four customers at the same time shows that we are
already a very trusted supplier there."

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