Nordex’s largest wind turbine N149 installed.

Nordex’s largest wind turbine N149 installed.

On 21 August 2018, the first of two N149/4.0-4.5 turbines with a nominal output of 4.5 megawatt was installed at the Wennerstorf II wind farm located roughly 30 kilometres south of Hamburg. “We are pleased to have completed this beacon project in time for the commencement of WindEnergy Hamburg 2018. In addition to our turbines […]

Turkish Ağaoğlu to sell two wind farms to close debt but denies bankruptcy.

Turkish Ağaoğlu to sell two wind farms to close debt but denies bankruptcy.

Ali Ağaoğlu, the billionaire chairman of the Ağaoğlu Group construction corporation in Turkey, has denied rumors that his company has gone bankrupt. One of Turkey’s largest real estate developers, Ali Ibrahim Agaoglu rode a boom in the Turkish construction sector after the 2008 financial crisis. Agaoglu Construction has also become active in renewable energy, building […]

Nordex Group passing the 1,000 MW milestone in Ireland.

Nordex Group passing the 1,000 MW milestone in Ireland.

In June 2018, the Nordex Group received another order from Ireland, bringing the total volume awarded in that country to the significant one gigawatt mark. With a market share of more than 30%, the Group had already underscored its strong position in the region in the previous year. Although Ireland is one of the smaller […]

KfW IPEX-Bank structures financing for wind farm Pomona in Argentina.

KfW IPEX-Bank has successfully structured non-recourse financing for the 101.4 MW wind farm ‘Pomona’ in Argentina. KfW is providing a tranche of around USD 120.9 million which is backed by cover from Euler Hermes and encompasses the favourable Commercial Interest Reference Rate (CIRR). DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH is supplying the Pomona project […]

Nordex records great start to the year.

Nordex records great start to the year.

The Nordex Group today announced that it generated sales of EUR 487.9 million in the first three months of 2018 (Q1 2017: EUR 648.4 million). Earnings before interest, taxes, depreciation and amortization (EBITDA) totaled EUR 20.0 million (Q1 2017: EUR 51.2 million), resulting in an EBITDA margin of 4.1 percent (Q1 2017: 7.9 percent). This […]

Nordex launches N133/4.8 for strong-wind sites.

Nordex launches N133/4.8 for strong-wind sites.

The Nordex Group is extending its Delta4000 product series introduced in autumn 2017 to include a turbine especially designed for strong-wind sites: the N133/4.8. The rotor blade from the proven N131 turbine has been integrated into the Delta4000 series for the N133/4.8. By combining this rotor blade with the hub and nacelle of the N149/4.0-4.5, […]

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