28.03.2024 07:30:40 - dpa-AFX: EQS-News: Nordex Group receives 264 MW order from Lithuania (english)

Nordex Group receives 264 MW order from Lithuania

EQS-News: Nordex SE / Key word(s): Incoming Orders
Nordex Group receives 264 MW order from Lithuania

28.03.2024 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Hamburg, 28 March 2024. UAB Renerga, the leading developer of wind energy
projects in Lithuania and a company of the Achema Group, contracted the
Nordex Group to supply 40 N163/6.X turbines. The Delta4000 series turbines
are projected for the 264 MW Pagegiai wind farm project in the west of the
country. The contract also includes a Premium Service contract.

The infrastructure works are scheduled to start in June 2024, with the
delivery and installation of the turbines scheduled to start in spring 2025.
The Nordex Group will install the turbines on tubular steel towers - 29 with
hub heights of 118 metres and 11 with hub heights of 113 metres. The
completion of the wind farm is expected in 2026.

Lidija Lubiene, Chairman of the Board of the Achema Group: "Renerga is the
founder of renewable energy in Lithuania. The Paggiai project is an
important continuation of our strong traditions and commitments to
renewables. We believe that this project is a very significant step forward
both for our renewables group as well as the Lithuania's renewable energy
goals in general."

Mindaugas Juodis, CEO of Renerga, says: "We would firstly like to sincerely
thank all our partners for the smooth and efficient cooperation in the
development of the Paggiai wind farm. This project solidifies Renerga as
the leading renewables developer in Lithuania. We expect to continue to
expand our renewables portfolio going forward as has been the case from the
very start of Renerga's history in 1998."

Patxi Landa, CSO of the Nordex Group, says: "We are very proud to be working
with UAB Renerga for the first time, especially on this 264 MW large-scale
Pagegiai project. We see the supply contract as the starting point of a
powerful cooperation between both groups."

Including this new order, as of today the Nordex Group has sold more than
850 MW since 2015 in Lithuania. Hereof 460 MW are currently under
construction.

About the Achema Group
UAB koncernas ACHEMOS GRUP is one of the largest business groups in
Lithuania with 40 companies operating in Lithuania, Latvia, Estonia, Poland,
Germany, France, Belgium, Sweden, the Czech Republic and Croatia. The
company operates in the fields of fertilizer production, agribusiness,
handling and logistics, energy, as well as developing other businesses. UAB
Renerga is part of the Achema Group.

About the Nordex Group
The Group has installed around 50 GW of wind power capacity in over 40
markets in its corporate history and generated consolidated sales of around
EUR 6.5 billion in 2023. The Company currently has more than 10,000
employees. The Group's manufacturing network includes factories in Germany,
Spain, Brazil, India, USA (mothballed) and Mexico. Its product portfolio is
focused on onshore turbines in the 4 to 6 MW+ classes which are designed to
meet the market requirements of countries with limited available space and
regions with limited grid capacity.

Contact person for press:
Nordex SE
Felix Losada
Telephone: +49 (0) 40 30030 1141
E-mail: flosada@nordex-online.com

Contact for investors:
Nordex SE
Felix Zander
Phone: +49 (0) 152 0902 4029
E-mail: fzander@nordex-online.com


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28.03.2024 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.

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Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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   Language:       English
   Company:        Nordex SE
                   Erich-Schlesinger-Straße 50
                   18059 Rostock
                   Germany
   Phone:          +49 381 6663 3300
   Fax:            +49 381 6663 3339
   E-mail:         investor-relations@nordex-online.com
   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:    1868921




End of News EQS News Service
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1868921 28.03.2024 CET/CEST
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
NORDEX SE O.N. A0D655 Frankfurt 12,680 26.04.24 21:19:25 +0,230 +1,85% 0,000 0,000 12,380 12,680

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