Senvion Australia set to commence construction on 226 MW project

DGAP-News: Senvion S.A. / Key word(s): Contract

14.03.2018 / 10:00
The issuer is solely responsible for the content of this announcement.


Senvion Australia set to commence construction on 226 MW project
Contract for Wind farm Murra Warra in Victoria becomes firm

Hamburg: Senvion, a leading global manufacturer of wind turbines, has received Notice to Proceed for the first stage of the 429 MW Murra Warra wind farm near Horsham in Western Victoria. All conditions precedent have been fulfilled and the contract is now firm and in force. This announcement follows the signing of a Delivery Partnership Agreement for the project in June last year.

The first stage of the wind farm will have 61 of Senvion's 3.7M144 turbines with a total generating capacity of 226 megawatts. A consortium of large energy users led by Telstra has entered into long-term power purchase agreements which will cover the energy generated from the first stage of the wind farm. Senvion will deliver the wind farm with Downer, one of Australia's leading civil and electrical contractors. Early works for the Murra Warra Wind Farm have already begun and the project is expected to be fully operational by mid-2019. The construction of Murra Warra Stage 1 will create around 150 jobs as well as significant opportunities for businesses in the local area.

Raymond Gilfedder, CEO and Managing Director of Senvion Australia said: "We are excited to be delivering our first project for RES and Macquarie Capital in Australia. The Murra Warra wind farm will be our eleventh wind farm in Victoria, cementing Senvion's position as a trusted turbine supplier and wind farm operator in the State."
Matt Rebbeck, Chief Executive Officer of RES Australia said: "The Murra Warra wind farm is a fantastic project with a high level of community support. Senvion is a great delivery partner for us, because they are very committed to working with local businesses and people, and have an excellent history of effective community engagement in Victoria."
Stage 2 of the project will comprise an additional 55 turbines. When fully constructed, the Murra Warra Wind Farm will be one of the highest performing wind farms in the southern hemisphere. Including the first stage of the Murra Warra wind farm, Senvion now has over 900 megawatts of wind capacity installed or under construction across 14 wind farms in Australia.

About Senvion:
Senvion is a leading global manufacturer of onshore and offshore wind turbines. The company develops, produces and markets wind turbines for almost any location - with rated outputs of 2 MW to 6.33 MW and rotor diameters of 82 metres to 152 metres. Furthermore, the company offers its customers project specific solutions in the areas of turnkey, service and maintenance, transport and installation, as well as foundation planning and construction. The Senvion systems are mainly designed in the major TechCenters in Osterrönfeld and Bangalore and manufactured at its German and Portuguese plants in Bremerhaven, Vagos and Oliveira de Frades as well as in Żory-Warszowice, Poland and Baramati, India. With approximately 4,500 employees worldwide, the company makes use of the experience gained from the manufacture and installation of more than 7,500 wind turbines around the world. The company's operational subsidiary Senvion GmbH is based in Hamburg and represented by distribution partners, subsidiaries and participations in European markets such as France, Belgium, the Netherlands, the UK, Italy, Romania, Portugal, Sweden, and Poland as well as on a global level in the USA, China, Australia, Japan, India, Chile and Canada. Senvion S.A. is listed on the Prime Standard of the Frankfurt Stock Exchange.

 

Senvion Press contacts:
Immo von Fallois
phone: +49 40 5555 090 3770
mobile: +49 172 6298 408
email: immo.von.fallois@senvion.com
 
 

Senvion Investor Relations contact:
Dhaval Vakil
phone: +44 20 3859 3664
mobile: +44 7788 390 185
email: dhaval.vakil@senvion.com


 


14.03.2018 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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