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Nordex SE, DE000A0D6554

Nordex SE, DE000A0D6554

05.11.2019 - 07:32:33

The Nordex Group manufactures its 1000th concrete tower for its own wind turbines

Hamburg, 5 November 2019. Recently the Nordex Group has reached a milestone: the 1000th concrete tower for an AW125/3000 machine left the Brazilian factory in Lagoa do Barro do Piauí for the 595 MW "Lagoa dos Barros" wind farm. Due to the current order backlog for turbines in the AW platform, the Nordex Group will manufacture a further 1000 concrete towers by the end of 2020.

Around 15 - 20 per cent of the total cost of wind turbines are accounted for by the tower and the related logistics costs for transport to the wind farm. The locally manufactured concrete towers of the Nordex Group are in many cases the most cost-effective solution.

For this reason, the Nordex Group uses concrete towers in addition to tubular steel and hybrid towers for parts of its product portfolio. What makes them special is that the manufacture of concrete tower segments is based on a mobile concept and is always located close to the wind farm, resulting in correspondingly low logistics costs. On-site production also means that the customer is able to meet any requirements for a local contribution to value added in a specific country. It also helps local economies to create direct and indirect employment.

The Nordex Group can now look back on 13 years of experience in the manufacture of concrete towers. In 2006, the first AW1500 turbine was installed on an 80 metre concrete tower in Spain. Today, the Nordex Group can draw upon 11 such mobile manufacturing facilities worldwide.

The Nordex Group - a profile The Group has installed more than 27 GW of wind energy capacity in over 40 markets and in 2018 generated revenues of around EUR 2.5 billion. The company has more than 6,000 employees. The joint manufacturing capacity includes factories in Germany, Spain, Brazil, the United States, India, Argentina and Mexico. The product portfolio is focused on onshore turbines in the 2.4 to 5.X MW class, which are tailor-made for the market requirements of countries with limited space and regions with limited grid capacity.

For more information, please contact: Nordex SE Felix Losada Phone: +49 (0)40 / 300 30 - 1141flosada@nordex-online.com

Contact for investors: Nordex SE Felix Zander Phone: +49 (0)40 / 300 30 - 1116fzander@nordex-online.com

05.11.2019 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

Language: English Company: Nordex SE Erich-Schlesinger-Straße 50 18059 Rostock

Germany Phone: +49 381 6663 3300 Fax: +49 381 6663 3339 E-mail: info@nordex-online.com Internet: www.nordex-online.com ISIN: DE000A0D6554 WKN: A0D655 Indices: SDAX, TecDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 903621   End of News DGAP News Service

903621  05.11.2019 

@ dgap.de