Senvion delivers wind projects in Belgium totalling 32 megawatts

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

08.05.2018 / 10:00
The issuer is solely responsible for the content of this announcement.

Senvion delivers wind projects in Belgium totalling 32 megawatts

Solidify position in core markets with modular product portfolio

Hamburg/Courbevoie: Senvion, a leading global manufacturer of wind turbines, has concluded six contracts in Belgium totalling 32 megawatts (MW). Four wind projects are located in the Flanders region and two others in the Walloon region from different clients.

In the Flanders region, Senvion has concluded contracts with customers including EDF Luminus for Eeklo wind farm, Aspiravi for Scherpenheuvel-Zichem-Bekkevoort and Webbekom wind farms and Eneco for Zelzate wind farm. Eeklo wind farm consists of six Senvion wind turbines combining MM92 and MM100 types. Aspiravi's wind farms total three 3.4M114 wind turbines at 119 metres hub height and the Eneco's wind project comprises one 3.4M114 turbine at 116 meter hub height. The commissioning of these wind farms will be completed in the last quarter of this year. The scope of the Flanders projects includes maintenance agreements up to fifteen years.

In the Walloon region, Senvion has concluded with Wind4Wallonia2 - a joint subsidiary of ENGIE Electrabel and Walloon intermunicipalities - two contracts, consisting of two Senvion MM92 wind turbines for Soignies wind farm and one Senvion MM100 wind turbine for the extension of the existing wind farm Leuze en Hainaut. Both wind farms are expected to be commissioned this Autumn. The Belgian contracts are part of the Senvion Q1 2018 order book.

In Belgium, Senvion has solidified its position with over 750 MW total capacity and over 30% cumulative onshore and offshore market share.

Olivier Perot, Managing Director of Senvion Europe South, states: "The signature of these contracts cements Senvion's position in the Belgian market. The confidence of our clients is a strong testimonial to Senvion's ability to address efficiently their expectations with our competitive modular product portfolio and tailored service solutions. In Belgium, since 2004, we have developed a long-term relationship with diverse clients and wind industry partners. We are looking forward to developing further successful projects to support the Belgian Energy Pact."

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
Delphine Hochepot
Phone.: +33 (0)1 41 38 17 59
Mobile: +33 (0)6 46 16 12 25

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

08.05.2018 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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