EQS-News: Nordex Group to deliver 21 turbines totalling 147 MW for largest wind project to date in Latvia

01.07.25 07:30 Uhr

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EQS-News: Nordex SE / Key word(s): Incoming Orders
Nordex Group to deliver 21 turbines totalling 147 MW for largest wind project to date in Latvia

01.07.2025 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Hamburg, 1. July 2025. With an order received in June, the Nordex Group scores again in Latvia: The Group is supplying and installing 21 N163/6.X turbines for the Pienava wind farm. Totalling 147 MW it is the largest wind project to date in the country. Developed by Eolus, one of the largest renewable energy solutions developers in Scandinavia, the project has been sold to Latvenergo, Latvia’s state-owned energy company.

After commissioning in March 2027, the Nordex Group will be responsible for the maintenance of the turbines as part of a maintenance contract with a term of 15 years.

The Pienava wind farm is being built in the municipality of Tukums, southwest of Riga. The turbines of the Delta4000 series will be delivered and installed from summer 2026 on 169 meters tubular steel towers in the cold climate version.

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The Nordex Group only entered the Latvian market in 2024 with an initial order for 109 MW. Today, 300 MW are already under construction.

About the Nordex Group

The Group has installed around 57 GW of wind power capacity in over 40 markets in its corporate history and generated consolidated sales of around EUR 7.3 billion in 2024. The Company currently has more than 10,400 employees with a manufacturing network that includes factories in Germany, Spain, Brazil, India, USA and Mexico. Its product portfolio is focused on onshore turbines in the 4 to 6 MW+ classes which are designed to meet the market requirements of countries with limited available space and regions with constrained grid capacity.

Contact person for press:
Nordex SE
Felix Losada
Telephone: +49 (0) 40 30030 1141
E-mail: flosada@nordex-online.com

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Contact for investor inquiries:
Nordex SE
Anja Siehler
Phone: +49 162 3515 334
E-mail: asiehler@nordex-online.com

 



01.07.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Nordex SE
Erich-Schlesinger-Straße 50
18059 Rostock
Germany
Phone: +49 381 6663 3300
Fax: +49 381 6663 3339
E-mail: investor-relations@nordex-online.com
Internet: www.nordex-online.com
ISIN: DE000A0D6554
WKN: A0D655
Indices: MDAX, TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2162584

 
End of News EQS News Service

2162584  01.07.2025 CET/CEST

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Analysen zu Nordex AG

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28.05.2025Nordex BuyDeutsche Bank AG
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28.04.2025Nordex BuyDeutsche Bank AG
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DatumRatingAnalyst
28.05.2025Nordex BuyDeutsche Bank AG
01.05.2025Nordex BuyGoldman Sachs Group Inc.
29.04.2025Nordex BuyJoh. Berenberg, Gossler & Co. KG (Berenberg Bank)
28.04.2025Nordex BuyDeutsche Bank AG
25.04.2025Nordex BuyJefferies & Company Inc.
DatumRatingAnalyst
08.11.2024Nordex Equal WeightBarclays Capital
29.10.2024Nordex Equal WeightBarclays Capital
15.01.2024Nordex NeutralGoldman Sachs Group Inc.
14.11.2023Nordex NeutralGoldman Sachs Group Inc.
03.10.2023Nordex NeutralGoldman Sachs Group Inc.
DatumRatingAnalyst
06.09.2019Nordex UnderperformMerrill Lynch & Co., Inc.
15.08.2019Nordex verkaufenIndependent Research GmbH
17.07.2019Nordex ReduceHSBC
22.05.2019Nordex VerkaufenIndependent Research GmbH
14.05.2019Nordex ReduceKepler Cheuvreux

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