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EANS-News: Way Wind and Nordex USA announce new venture in Nebraska

Geschrieben am 21-06-2011

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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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Joint Ventures/Cooperation/Collaboration

Subtitle: • Potential for 120 MW wind farm in 2013
• Project planned for 48 Nordex N100/2500 wind turbines

Hamburg (euro adhoc) - Way Wind LLC has entered into a joint venture
with Nordex USA, Inc. for the co-development and later construction
of a wind farm in Wayne County, Nebraska. The project was initiated
in 2008 when Way Wind began securing land rights and performing wind
studies. The company sought a partnership with Nordex to advance the
project and increase the chances of success. The partnership has also
allowed the project´s planned size to expand from 99 MW to 120 MW.
"Once we had confirmed the wind resource, we knew that we would
benefit by joining forces with the professionals at Nordex,"
commented Wes Slaymaker, one of the partners. "We identified the
Nordex N100/2500 as an ideal fit for the site. It has a long
operating history and unbeatable track record." Nordex entered the
joint venture, drawn by the combination of excellent wind, available
transmission lines and welcoming landowners and local community. The
partnership has now moved forward with additional wind studies and
will soon begin environmental and other surveys to support an
upcoming application for approval for the project from the Nebraska
Power Review Board. "Nordex assists wind project developers from an
early stage with both technical expertise and financing," explained
Joseph Fonio, Vice President of Project Development for Nordex. "Our
experience in strategic partnering and our resources improve the
potential of promising projects like Way Wind." "We know it´s
important to support our customers," said Ralf Sigrist, President and
CEO of Nordex USA, Inc. "Nordex has added value to developers in
Europe through such partnerships for 10 years, and we are happy to
expand our offering to our US customers." In addition to temporary
construction jobs, a wind farm would eventually create several
long-term jobs. The community has been very welcoming of the proposed
wind farm. "Such a project would be a big economic boost to a small
community," notes Dan Jaeger, a resident of Wayne County. "Any time
you can create jobs, it´s a great thing. Farming is booming now, but
one day that will come to an end. If you can have some stable income
from a wind farm, it´s a real help." The project is planned to use 48
of the Nordex N100/2500 turbines which the company would supply from
its recently completed production facility in Jonesboro, Arkansas.
This 2.5 MW wind turbine is a utility scale product known for its
high yields. Part of the company´s Gamma Generation, it benefits from
11 years of operating history, proven reliability and more than 1,500
machines placed on the grid worldwide. Nordex has both completed and
current installations in several states, including Minnesota,
Pennsylvania, Wisconsin, Maryland, Iowa, Idaho and Colorado. The
Arkansas facility will fill all future orders, shipping turbines to
wind farms around the country. For more information, please see
www.nordex-online.com.

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
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


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