Senvion S.A., LU1377527517

Senvion S.A., LU1377527517

19.07.2017 - 10:21:19

Senvion wins first order in Croatia

Senvion wins first order in Croatia 10 megawatt Greda project marks sixth market entry since 2016

Hamburg: Senvion, a leading global manufacturer of wind turbines, has signed a contract with the Croatian "Vjetroelektrana Orjak" for the delivery of five turbines for the Greda wind farm. The project will feature five Senvion MM92 turbines at a hub height of 80 meters and be located close to the city of Blato na Cetini in the south of the country. Senvion has also concluded a maintenance agreement for the project with a duration of 15 years. The installation of the turbines is planned to take place in the first half of 2018. The contract is part of the Senvion order book as of June end.

Jürgen Geissinger, CEO at Senvion, comments: "This project proves that there are business opportunities all over the world. By entering the sixth country since 2016, Senvion proves that is able to convert these opportunities into successes. Our global network and our customized turbines are the key to our thriving expansion strategy." Geissinger joined Senvion as CEO at the end of December 2015.

Carlo Schiapparelli, Managing Director at Senvion South-East, adds: "Senvion has arrived in the Balkan region, as our recent sales story shows. With our MM-series portfolio, Senvion demonstrates that we not only have the right product, but also fitting experience from other Southern European countries with comparable conditions. With this set of competences, we are well prepared for our customers in the Balkans and we are looking forward to a successful partnership with Vjetroelektrana Orjak." In June 2017, Senvion announced the completion of its first Serbian contract for the 42 MW Alibunar project .

Senvion serves the southern European markets from its subsidiary in Milan. The company has been active in Italy since 2004.

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.

 

Senvion Press contacts: Immo von Fallois phone: +49 40 5555 090 3770 mobile: +49 172 6298 408 email: immo.von.fallois@senvion.com Marie-Danielle Laggner phone: +49 40 5555 090 3040 mobile: +49 172 27 67 793 email: marie.laggner@senvion.com  

Senvion Investor Relations contact: Dhaval Vakil phone: +44 20 3859 3664 mobile: +44 7788 390 185 email: dhaval.vakil@senvion.com

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

19.07.2017 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

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