EANS-News: Nordex awarded second large contract in South Africa
--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------
Subtitle: 80 MW wind farm to go on line near Port Elizabeth in 2014
Company Information/Company Information/Order intake
Hamburg (euro adhoc) - The Nordex Group's South African business is continuing
to perform well: after establishing a subsidiary in Cape Town and receiving its
first major contract, the wind turbine manufacturer has now been awarded a
contract for the delivery and installation of an 80 MW wind farm. Under the
contract, Nordex will be supplying the "Red Cap Kouga" wind farm on a turn-key
basis. Scheduled to commence in April 2013, the work includes the construction
of the foundations and road access as well as cabling and the transformer
station.
In a next step, Nordex will be supplying 32 N90/2500 strong-wind turbines and
installing them at the coastal site, which is characterised by mean wind speeds
of around 9 m/s. "Thanks to the good wind conditions and our turbines, which
have been designed to make the most of these conditions, the 80 MW "Red Cap
Kouga" wind farm will generate an above-average energy yield. In our view, it is
precisely this which offers the strongest argument in favour of the continued
future expansion of renewable energies. The goal must be to produce clean
electricity on a particularly sustainable and, hence, economically viable
basis," explains Lars Bondo Krogsgaard, a member of Nordex's Management Board.
The customer and ultimate operator of the Kouga project is Red Cap Kouga Wind
Farm Pty. The owners of this project development company include various
corporations and public institutions committed to regional economic development
in South Africa. "In a nascent wind market it was important to Red Cap that the
turbine supplier selected to partner with it in its first wind farm development
had both a strong technical and financial track record. In Nordex we found such
a partner," says Mark Tanton, Managing Director, Red Cap Kouga Wind Development
Company.
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
--------------------------------------------------------------------------------
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