DGAP-News: Nordex supplying first N117 turbine to Ireland - Element Power to build a 36-MW wind farm with Nordex

DGAP-News: Nordex SE / Key word(s): Incoming Orders
Nordex supplying first N117 turbine to Ireland - Element Power to
build a 36-MW wind farm with Nordex

12.04.2013 / 10:32

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Hamburg, 12 April 2013. The Nordex Group has landed a further important
success in Ireland. Its new customer, the internationally active project
developer Element Power, has decided to order 15 Nordex N117/2400 turbines
for its 'Monaincha' wind farm. In addition, Element Power and the owner of
the wind farm, private-equity investor BlackRock have signed a ten-year
service contract. 'This not only marks the beginning of what will hopefully
be successful relations with Element Power but also constitutes a further
sales success for this wind turbine in Europe,' says Nordex Board member
Lars Bondo Krogsgaard.

The N117/2400 is currently one of the most efficient turbines for
lower-wind speed locations. With its large rotor diameter of 117 meters, it
achieves an above-average capacity factor of over 35 percent. This also
applies to the 'Monaincha' wind farm in County Tipperary with the power
generated sufficient to cover the requirements of 20,000 Irish homes.

Work on installing the wind farm in the flatlands close to the town of
Roscrea is to commence in April 2013. Krogsgaard: 'Including the projects
currently under development, Nordex will soon have a capacity of 427 MW in
Ireland. This is an impressive figure, which confirms the wisdom of our
decision to establish a subsidiary in Ireland in 2010.'

Mike O'Neill, President & COO of Element Power commented, 'We are delighted
to cement our relationship with Nordex by bringing them into the Monaincha
project. Our decision to work with Nordex, based on our confidence in their
technology for this project and their ability to perform, has clearly been
vindicated through the rigorous debt and equity financing process that we
have successfully completed.'

End of Corporate News

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12.04.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Nordex SE
Langenhorner Chaussee 600
22419 Hamburg
Germany
Phone: 040 / 30030 1000
Fax: 040 / 30030 1101
E-mail: info@nordex-online.com
Internet: www.nordex-online.com
ISIN: DE000A0D6554
WKN: A0D655
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart

End of News DGAP News-Service
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206923 12.04.2013