EQS-News: Nordex Group receives orders for 172 MW in Germany
EQS-News: Nordex SE
/ Key word(s): Incoming Orders/Incoming Orders
Nordex Group receives orders for 172 MW in Germany
Hamburg, 20. June 2024. Order intake in the German market has once again developed well for the Nordex Group. Most recently, the Group received orders amounting to around 172 MW for various customers. The largest of the projects won is being built in Lower Saxony, with the Nordex Group supplying eleven N163/6.X turbines to a wind farm operator from Badbergen/Dinklage, in the districts of Osnabrück and Vechta. The contract also includes a Premium Service contract with a twenty-year term. The 74.8 MW "Bünne-Wehdel" wind farm is scheduled for commissioning in fall 2025. Bünne-Wehdel is a repowering project in which 17 1.5 MW Südwind S70 turbines on 114.5-metre lattice towers of the existing Badbergen-Dinklage wind farm will be replaced by eleven N163/6.X turbines; these machines will each have a capacity of 6.8 MW with a hub height of 164 metres. The Nordex Group already produced, supplied, and installed the turbines under its former brand “Südwind” 22 years ago. Karsten Brüggemann, Vice President Region Central of the Nordex Group: "The new 6.8 MW turbines are very efficient and offer a much higher annual yield than the old turbines. We are proud that we can make an important contribution to the energy transition with this repowering project, and especially that we can once again install turbines for the same operating group at this location after more than 20 years." The project was planned jointly by EFI Wind from Mülheim an der Ruhr and Alpha Wind from Osnabrück, as well as the Bad Essen-based company Energy-Farming. The latter is also responsible for the commercial and technical operation of the wind farm.
About the Nordex Group The Group has installed around 51 GW of wind power capacity in over 40 markets in its corporate history and generated consolidated sales of around EUR 6.5 billion in 2023. The Company currently has more than 10,000 employees. The Group’s manufacturing network includes factories in Germany, Spain, Brazil, India, USA (mothballed) and Mexico. Its product portfolio is focused on onshore turbines in the 4 to 6 MW+ classes which are designed to meet the market requirements of countries with limited available space and regions with limited grid capacity.
Contact person for press: Contact for investor inquiries:
20.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | Nordex SE |
Erich-Schlesinger-Straße 50 | |
18059 Rostock | |
Germany | |
Phone: | +49 381 6663 3300 |
Fax: | +49 381 6663 3339 |
E-mail: | investor-relations@nordex-online.com |
Internet: | www.nordex-online.com |
ISIN: | DE000A0D6554 |
WKN: | A0D655 |
Indices: | MDAX, TecDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1929155 |
End of News | EQS News Service |
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1929155 20.06.2024 CET/CEST
Nordex SE Stock
We see a rather positive sentiment for Nordex SE with 6 Buy predictions and 2 Sell predictions.
On the other hand, the target price of 13 € is below the current price of 13.83 € for Nordex SE, so the potential is actually -6.0%.