DGAP-News: Nordex SE / Keyword (s): Incoming orders
23.09.2021 / 07:30
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Hamburg, September 23, 2021. The Nordex Group has received another order from Poland. For its regular customer, KGAL Investment Management GmbH & Co. KG (“KGAL”), the manufacturer is supplying nine N131 / 3000 turbines for the 27 MW “Rywald” wind farm. In addition to installation and commissioning, the order also includes a 15-year premium service contract for turbine maintenance and servicing with a double extension option for an additional five years.

The “Rywald” wind farm will be built about 200 kilometers north-west of Warsaw. The start of work is scheduled for mid-2022. The Nordex Group supplies the turbines of the 3MW class on steel tubular towers 134 meters high.

“We are delighted that KGAL has opted for our technology again in a project and that our turbines are once again helping to meet the demand for additional renewable energy in Poland,” says Patxi Landa, CSO of the Nordex Group.

“KGAL already has around sixty wind farms across Europe in its portfolio, and due to strong demand from institutional investors for renewable energies, the portfolio continues to grow dynamically. The quality of the wind turbines plays an important role in the success of our projects, “says Michael Ebner, Managing Director of KGAL Investment Management and responsible for sustainable infrastructure.” Nordex Group has proven to be a very reliable partner both in terms of turbines only in service. “

It was not until June 2021 that the Nordex group commissioned and delivered as planned the 11.7 MW Ciekocinko wind farm, 60 kilometers north-west of Gdansk, for KGAL.

The Nordex Group – a profile
The Group has installed more than 35 GW of wind capacity in more than 40 markets and generated sales of 4.6 billion euros in 2020. The company currently employs a workforce of approx. 8,500. Joint manufacturing capacity includes factories in Germany, Spain, Brazil, United States, India and Mexico. The product portfolio focuses on class 4 to 5.X MW onshore turbines, which are tailor-made for the market requirements of countries with limited space and regions with limited grid capacity.

KGAL – a profile
KGAL is a leading independent investment and asset manager with assets under management of approximately € 11.2 billion and assets under administration of € 4.0 billion. The group researches, executes and manages long-term real estate asset investments for institutional and private investors in real estate, sustainable infrastructure and aviation. KGAL, which operates throughout Europe, was founded over 50 years ago and is headquartered in Grünwald near Munich. Our 345 employees are dedicated to achieving a sustainable and stable investment performance, taking into account the criteria of return and risk. (as of December 31, 2020)

Contact person for the press:
Nordex SE
Felix Losada
Telephone: +49 (0) 40/300 30 – 1141
flosada@nordex-online.com

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

23.09.2021 Distribution of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this advertisement.

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