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

Geschrieben am 27-07-2012

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