Order Boom: Nordex Awarded Another Major Project In Brazil

Hamburg, Germany - Wind turbine manufacturer Nordex is continuing its series of orders with a major contract from Brazil. The customer is the existing customer AES Brasil.

The order comprises the delivery of 65 N163/5.X turbines with a total volume of 370 megawatts (MW) for the Cajuína 2 wind farm. In addition to the delivery, the order also includes the servicing of the turbines for an initial period of five years with several options to extend up to 20 years.

"Cajuína 2" is part of the Cajuína wind farm complex in the Brazilian state of Rio Grande do Norte in the municipalities of Lajes and Fernando Pedroza. The site has constant average wind speeds of approximately 9.2 m/s.

Construction of the turbines, which will be delivered in a project-specific operating mode of 5.7 MW, is scheduled to take place in the summer of 2022. The Nordex Group will be manufacturing hubs, most parts of the nacelles, the 120 meter concrete towers and the rotor blades in Brazil.

The renewable project developer and operator AES Brasil has already placed an order with the Nordex Group for the installation of N163/5.X turbines with a total capacity of 314 MW for the "Cajuína" wind farm complex in June 2021.

Nordex's share price was unable to benefit from the order yesterday in a generally weak stock market environment. At the end of trading, the RENIXX Group's share price was down 2 percent at EUR 15.69 (closing price, Nov. 30, Stuttgart Stock Exchange). The stock is also cautious in today's trading. Nordex stock is currently trading down 1.9 percent at EUR 15.39 (01.12.2021, 15:00, Stuttgart Stock Exchange).

Source: IWR Online, 01 Dec 2021