Senvion wins first order in Croatia
Hamburg: Senvion, a leading global manufacturer of wind turbines, has signed a contract with the Croatian "Vjetroelektrana Orjak" for the delivery of five turbines for the Greda wind farm. The project will feature five Senvion MM92 turbines at a hub height of 80 meters and be located close to the city of Blato na Cetini in the south of the country. Senvion has also concluded a maintenance agreement for the project with a duration of 15 years. The installation of the turbines is planned to take place in the first half of 2018. The contract is part of the Senvion order book as of June end.
Jürgen Geissinger, CEO at Senvion, comments: "This project proves that there are business opportunities all over the world. By entering the sixth country since 2016, Senvion proves that is able to convert these opportunities into successes. Our global network and our customized turbines are the key to our thriving expansion strategy." Geissinger joined Senvion as CEO at the end of December 2015.
Carlo Schiapparelli, Managing Director at Senvion South-East, adds: "Senvion has arrived in the Balkan region, as our recent sales story shows. With our MM-series portfolio, Senvion demonstrates that we not only have the right product, but also fitting experience from other Southern European countries with comparable conditions. With this set of competences, we are well prepared for our customers in the Balkans and we are looking forward to a successful partnership with Vjetroelektrana Orjak." In June 2017, Senvion announced the completion of its first Serbian contract for the 42 MW Alibunar project .
Senvion serves the southern European markets from its subsidiary in Milan. The company has been active in Italy since 2004.
Senvion Investor Relations contact:
End of Media Release
Issuer: Senvion S.A.
Key word(s): Energy
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