Senvion S.A., LU1377527517

Senvion S.A., LU1377527517

13.06.2017 - 09:19:32

Senvion signs Partnership Agreement for over 429 MW in Australia

Senvion signs Partnership Agreement for over 429 MW in Australia

Hamburg/Melbourne: Senvion, a leading global manufacturer of wind turbines, has signed a Delivery Partnership Agreement with RES Australia and its project partners for the 116-turbine Murra Warra wind farm in Victoria in a consortium with Downer and is now part of Senvion's conditional order book. The Delivery Partnership Agreement is for the early works which are currently underway and is a precursor to financial close of the project. The wind farm will feature the 3.7M144 turbine type, which is being designed for this project. This product extension is currently being developed and added to the Senvion portfolio for other projects.Jürgen Geissinger, CEO of Senvion, said: "We are very pleased to be collaborating with RES and its project partners on this significant project. This agreement demonstrates that our commitment to deliver optimised products for all wind conditions is highly effective and helps to consolidate Senvion's strong market position in Australia. It also showcases the confidence of strategic partners in our products."

Raymond Gilfedder, CEO and Managing Director of Senvion Australia said: "The introduction of ambitious renewable energy targets in Victoria has injected new confidence in the local wind energy market. We are very excited to be working with RES Australia and its project partners to deliver the Murra Warra wind farm which will result in significant employment and economic benefits for the local communities around the project." Prior to joining Senvion Australia, Raymond was Managing Director for Senvion's Northern Europe hub.Roger Seshan, Strategic Procurement Director of RES, said: "We are delighted to build on our European relationship with Senvion. RES's global experience and relationships allows us to combine the best elements from our respective markets to deliver our projects. We look forward to continuing to develop our relationship in the Australian market with the Murra Warra wind farm."

Senvion Australia has been delivering wind energy solutions since 2002. The company has delivered over 440 megawatts of wind capacity across 10 projects in Victoria, New South Wales and South Australia. Senvion Australia Pty. Ltd. is the regional subsidiary providing Senvion wind turbine technology and solutions across the Asia Pacific region.

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 4,500 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.About RES Group: The world's largest independent renewable energy company with a 12 GW portfolio and the expertise to develop, engineer, construct, finance, and operate projects around the globe. RES is active in a range of energy technologies including onshore and offshore wind, solar, energy storage and transmission. RES has been developing renewable energy in Australia since 2004 with over 350 MW (megawatts) of renewable solar and wind energy installed or currently under construction across Australia. www.res-group.com  

Senvion Press contacts: Immo von Fallois Phone: +49 40 5555 090 3770 Mobile: +49 172 6298 408 Email: immo.von.fallois@senvion.com Megan Wheatley Phone: +61 3 8660 6552 Mobile: +61 423 780 329 Email : megan.wheatley@senvion.com  

Senvion Investor Relations contact: Dhaval Vakil Phone: +44 20 7034 7992 Mobile: +44 7788 390 185 Email: dhaval.vakil@senvion.com  

End of Media Release Issuer: Senvion S.A. Key word(s): Energy

13.06.2017 Dissemination of a Press Release, 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

Language: English

Company: Senvion S.A. 46a, avenue John F. Kennedy L-1855 Luxembourg

Luxemburg Phone: +352 26 00 5305 Fax: +352 26 00 5301 E-mail: press@senvion.com Internet: www.senvion.com ISIN: LU1377527517, XS1223808749, XS1223809390 WKN: A2AFKW Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; Dublin, Luxemburg   End of News DGAP Media

582517  13.06.2017 

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