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EQS-News: Friedrich Vorwerk Group SE / Key word(s): Incoming Orders
FRIEDRICH VORWERK wins major contract for the realisation of three additional sections of the South German natural gas
pipeline (SEL) with a volume in the high double-digit million range
2024-06-24 / 07:45 CET/CEST
The issuer is solely responsible for the content of this announcement.
FRIEDRICH VORWERK wins major contract for the realisation of three additional sections of the South German natural gas
pipeline (SEL) with a volume in the high double-digit million range
Tostedt, June 24, 2024 - Friedrich Vorwerk Group SE (ISIN DE000A255F11), a leading provider in the field of energy
infrastructure, has been awarded a major contract by gas transmission system operator terranets bw as part of a joint
venture for the realisation of three additional construction sections of the South German natural gas pipeline (SEL).
Last year, the equal joint venture, consisting of the FRIEDRICH VORWERK Group (Friedrich Vorwerk and Bohlen & Doyen)
and the Austrian HABAU Group (PPS Pipeline Systems and HABAU), already successfully won the first, approximately
24-kilometers-long section of the transport pipeline between Heilbronn and Löchgau in Baden-Württemberg. Following its
planned completion at the end of 2024, works can now continue seamlessly on the three additional sections that have
been acquired, totalling 43 kilometers in length, up to Esslingen am Neckar. The latest contract awarded to the joint
venture has a project volume in the high double-digit million range and is scheduled for commissioning by the end of
2025.
With a total length of 250 kilometers from Lampertheim in Hesse to Bissingen in Bavaria, the "Süddeutsche
Erdgasleitung" (SEL) planned by gas transmission system operator terranets bw is one of the largest pipeline
construction projects in Germany. By connecting modern gas-fired power plants to the existing grid, it will secure the
supply of heat and electricity and thus enable the phasing out of coal-fired power generation. As the first pipeline in
the country with a connection to the European transport routes, it will transport hydrogen from 2030. The SEL will thus
create important prerequisites for a CO2-neutral energy supply for the Rhine-Neckar region and the greater Stuttgart
area. Construction of the pipeline will be realized in stages, depending on the specific development of demand over the
next ten years. After the four construction lots with a total length of around 67 kilometers that have now been
awarded, the remaining construction lots will be successively put out to tender in the coming years.
In view of the need to connect numerous new gas-fired power plants to the existing natural gas network as well as the
planned realisation of the 9,700 kilometers long hydrogen core network, a large number of new construction and
conversion measures are currently being planned by gas transmission system operators and will soon be implemented.
Thanks to its broad service and technology portfolio and decades of experience in pipeline and pipework construction,
FRIEDRICH VORWERK expects demand in this area to remain strong in the future.
Contact Details
Friedrich Vorwerk Group SE
Harburger Straße 19
21255 Tostedt
Tel +49 4182 - 2947 0
Fax +49 4182 - 6155
ir@friedrich-vorwerk.de
www.friedrich-vorwerk-group.de
Management Board
Torben Kleinfeldt (CEO)
Tim Hameister
Chairman of the Supervisory Board
Dr Christof Nesemeier
Court of Registration
District Court of Tostedt, registration number: HRB 208170
2024-06-24 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.eqs-news.com  
Language:     English 
Company:      Friedrich Vorwerk Group SE 

Harburger Straße 19
21255 Tostedt
Germany

E-mail:       ir@friedrich-vorwerk.de 
Internet:     www.friedrich-vorwerk-group.de 
ISIN:         DE000A255F11 
WKN:          A255F1 
Listed:       Regulated Market in Frankfurt (Prime Standard) 
EQS News ID:  1931027 

End of News EQS News Service
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1931027 2024-06-24 CET/CEST

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END) Dow Jones Newswires

June 24, 2024 01:45 ET (05:45 GMT)