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Nordex SE: Nordex Group wins 187 MW order in Turkey

DGAP-News: Nordex SE / Key word(s): Incoming Orders Nordex SE: Nordex Group wins 187 MW order in Turkey 08.04.2021 / 07:30 The issuer is solely responsible for the content of this announcement. - Caba Grup orders 39 N133/4800 turbines Hamburg, 8 April 2021. The Nordex Group is further enlarging its footprint in Turkey: end of March, the Caba Grup ordered 39 N133/4800 turbines form the Delta4000 series for the second construction phase of the "Istanbul" wind farm. The order also includes a Premium Service contract for the turbines covering a period of 15 years.

The Nordex Group had already received an order in 2019 for the first 24 MW construction phase "Istanbul-I" with five N133/4800 turbines, where currently the first turbine is being installed and the remaining turbines are under construction. The Nordex Group is now supplying a further 39 turbines of the same turbine type for the second construction phase totalling 187 MW. Delivery of the turbines for this second construction phase is scheduled for late summer 2021.

The wind farm, located 50 kilometres northwest of Istanbul on the Black Sea, will comprise 44 turbines once completed. This makes the 211 MW wind farm "Istanbul" the largest single licensed project in Turkey to date.

With an average annual wind speed on site of 8 metres per second, the wind farm is expected to produce an annual yield of 850 GWh.

The Nordex Group will install the turbines on 125-metre tubular steel towers. When "Istanbul" starts operation, the Caba Grup will receive a higher feed-in tariff as the Nordex Group is sourcing the rotor blades, anchor cages, towers and generators from Turkey.
According to the Turkish wind energy association TÜREB, Nordex Group was once again the market leader in Turkey in 2020 with a market share of roughly 27 percent.

About the Nordex Group
The Group has installed more than 32 GW of wind power capacity in over 40 markets and generated sales of around EUR 4.6 billion in 2020. The Company currently has more than 8,500 employees. The Group's manufacturing network includes factories in Germany, Spain, Brazil, the USA, India and Mexico. Its product portfolio is mainly focused on onshore turbines in the 4 to 5.X MW class which are designed to meet the market requirements of countries with limited available space and regions with limited grid capacity.

Contact for press inquiries:
Nordex SE
Felix Losada
Phone: +49 (0)40 / 300 30 - 1141
[e-mail]

Contact for investors:
Nordex SE
Felix Zander
Phone: +49 (0)40 / 300 30 - 1116
[e-mail]

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08.04.2021 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.

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Language:	English
Company:	Nordex SE
	Erich-Schlesinger-Straße 50
	18059 Rostock
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
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:	1181948

End of News	DGAP News Service

1181948  08.04.2021