DGAP-News: Senvion S.A. / Key word(s): Contract/Incoming Orders
112 Megawatt order: Senvion concludes first contract in Norway
18.10.2016 / 10:12
The issuer is solely responsible for the content of this announcement.
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112 Megawatt order: Senvion concludes first contract in Norway
Hamburg/Oslo: Senvion, a leading global manufacturer of wind turbines, has
concluded its first contract in Norway for the supply of 33 Senvion 3.4M114
turbines to Egersund wind farm. The project with Norsk Vind Egersund AS
will have a total rated output of 112.2 megawatts (MW) and will produce
enough green energy to power more than 73,000 Norwegian households which
equals nearly half of the surrounding Norwegian province of Rogaland. The
supply contract was confirmed in June this year and the final contract is
now effective.
The wind farm was acquired by LUXCARA, one of Europe's leading asset
managers for renewable energy investments. Egersund will be part of the
portfolio of the fund FLAVEO Infrastructure Europe SCS SICAV-FIS - Solar
and Wind, which was set up for institutional investors.
Jürgen Geissinger, CEO of Senvion, said: "The contract for Egersund wind
farm is a milestone which reflects the clear global growth strategy of
Senvion and its potential to enter new markets with innovative and
optimally adapted products." In 2016, six years after introducing the first
3.XM turbine to the market, Senvion has a track record of 765 Senvion 3.XM
wind energy turbines which amounts to 2.5 gigawatts installed of this
product type alone.
The first turbine installations at Egersund are scheduled for Q2 2017, and
commissioning is expected to take place in Q2 and Q3 2017. Located on the
North Sea coast of Norway, between Kristiansand and Stavanger, the turbines
will be constructed at a hub height of 93 meters. The Senvion 3.4M114 has
been optimized for particularly windy locations and is therefore the ideal
turbine for the high wind conditions on the south-western coast of Norway.
A Senvion service center in Egersund will be responsible for turbine
maintenance for 15 years.
The Senvion Scandinavia AB subsidiary began operating in Sweden in 2010.
Since then, Senvion has installed turbines from across the 3.XM and MM
series in locations ranging from the southern coast to the very north of
the country. With Norway, Senvion is entering its second Scandinavian
market.
About Senvion:
Senvion is a leading global manufacturer of onshore and offshore wind
turbines. The company develops, produces and markets wind turbines for
almost any location - with rated outputs of 2 MW to 6.15 MW and rotor
diameters of 82 metres to 152 metres. Furthermore, the company offers its
customers project specific solutions in the areas of turnkey, service and
maintenance, transport and installation, as well as foundation planning and
construction. The systems are designed at the Senvion TechCenter in
Osterrönfeld and manufactured at its German plants in Husum (North
Friesland), Trampe (Brandenburg) and Bremerhaven, as well as Portugal. With
approximately 4,000 employees worldwide, the company makes use of the
experience gained from the manufacture and installation of more than 6,600
wind turbines around the world. The company's operational subsidiary
Senvion GmbH is based in Hamburg and represented by distribution partners,
subsidiaries and participations in European markets such as France,
Belgium, the Netherlands, the UK, Italy, Romania, Portugal, Sweden, and
Poland as well as on a global level in the USA, China, Australia, Japan,
India and Canada. Senvion S.A. is listed on the Prime Standard of the
Frankfurt Stock Exchange.
Press contact Senvion: Stephanie Oxley
Verena Puth mobile: +44 7534 260 998
phone: +49 40 5555 090 3051 email: stephanie.oxley@senvion.com
mobile: +49 174 30 54 576
email: verena.puth@senvion.com
Investor Relations contact Senvion:
Dhaval Vakil
phone: +44 20 7034 7992
mobile: +44 7788 390 185
email: dhaval.vakil@senvion.com
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18.10.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Senvion S.A.
46a, avenue John F. Kennedy
L-1855 Luxembourg
Grand Duchy of Luxembourg
Phone: +352 26 00 5305
Fax: +352 26 00 5301
E-mail: press@senvion.com
Internet: www.senvion.com
ISIN: LU1377527517
WKN: A2AFKW
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange; Luxemburg
End of News DGAP News Service
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512353 18.10.2016
DGAP-News: 112 Megawatt order: Senvion concludes first contract in Norway
| Source: EQS Group AG