Senvion Closes Framework Agreement for 100 MW with PROKON

DGAP-Media / 2016-05-31 / 12:09

Senvion Closes Framework Agreement for 100 MW with PROKON

Hamburg: Senvion, a leading global manufacturer of wind turbines, has closed a long-term support and cooperation framework agreement for four wind farms in Germany with PROKON for a total capacity of 100 megawatts (MW). From the framework agreement, Senvion has already signed a conditional contract for 69 MW which includes the delivery and commissioning of the turbines, as well as a service agreement. In the first batch, four individual wind projects will be equipped with 21 turbines from the Senvion 3-megawatt portfolio, including the Senvion 3.4M140 for low-wind sites that Senvion launched last September.

The four projects will be built utilizing one Senvion 3.2M122, five Senvion 3.0M122, eight Senvion 3.4M114 and also include seven Senvion 3.4M140. This turbine with a new pitch system and sound optimized serrations on its blades is particularly suitable for low-wind locations as well as forested and mountainous areas. The 21 turbines will produce approximately 173,000,000 kilowatt-hours each year, enough electricity to power more than 45,000 German households each year.

Jürgen Geissinger, CEO of Senvion, says: "We are particularly happy about this cooperation. Together with PROKON, we will realize this project that includes four different Senvion turbine types from our 3.XM series, including our recently launched Senvion 3.4M140. This proves that we have the right turbine for every site in Germany, and we are very much looking forward to the successful completion of the projects together with PROKON." The commissioning of the four wind projects is planned between 2016 and 2018.

Heiko Wuttke, CEO of PROKON Regenerative Energien eG, says: "For the implementation of our outstanding project pipeline, with Senvion we have found a partner that suits us very well. This refers both to the wind turbine technology and to the cooperation in the operation of wind farms. The PROKON cooperative is active with its projects in regions with very different wind potentials, both in the north and in the interior of Germany. Therefore, it is important for us that our wind turbines meet all these different challenges. We are very much looking forward to the cooperation. "

The Senvion 3 MW portfolio comprises turbines with nominal capacity of 3.0 to 3.4 MW and rotor diameters from 104 to 140 meters. Altogether, 604 Senvion 3.XM turbines with a total capacity of almost 2,000 MW are installed in Germany.

PROKON was founded in 1995 as a design office for onshore wind energy in Germany. Today, developing, planning and constructing wind farms on land and then managing their operation from a technical and commercial perspective are among PROKON's core areas of expertise, which also include supplying private domestic customers with electricity throughout Germany. PROKON currently operates 57 wind farms with a total output of 557 MW in Germany and Poland. Numerous additional projects are currently at different stages of planning and completion. Since late July 2015, PROKON Regenerative Energien eG, which has over 38,000 members, is the largest energy association in Germany.

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 6.15 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 systems are designed at the Senvion TechCenter in Osterrönfeld and manufactured at its German plants in Husum (North Friesland), Trampe (Brandenburg) and Bremerhaven, as well as Portugal. With approximately 3,900 employees worldwide, the company makes use of the experience gained from the manufacture and installation of more than 6,600 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 and Canada. Senvion S.A. is listed on the Prime Standard of the Frankfurt Stock Exchange.

Press contact Senvion:
Verena Puth
phone: +49 40 5555 090 3051
mobile: +49 174 30 54 576
Marie-Danielle Laggner
phone: +49 40 5555 090 3040
mobile: +49 172 27 67 793

Investor Relations contact Senvion:
Dhaval Vakil
phone: +44 20 7034 7992
mobile: +44 7788 390 185


End of Media Release

Issuer: Senvion S.A.
Key word(s): Energy

2016-05-31 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.
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