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    NDX1   DE000A0D6554

NORDEX SE

(NDX1)
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PRESS RELEASE: Nordex SE: Nordex Group receives 68 MW orders from Energiequelle from Finland

04/07/2021 | 01:31am EDT
DGAP-News: Nordex SE / Key word(s): Incoming Orders 
Nordex SE: Nordex Group receives 68 MW orders from Energiequelle from Finland 
2021-04-07 / 07:30 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
Hamburg, 7 April 2021. End of March, the Nordex Group received orders from the international wind farm developer 
Energiequelle for the supply and construction of twelve N163/5.X turbines in Finland. The orders for the wind farms 
"Takanebacken" and "Torvenkylä" also include a long-term Premium Service contract for the turbines covering 30 years. 
The 28.5 MW "Takanebacken" wind farm will be built in the municipality of Maalahti in western Finnish region of 
Ostrobothnia. The 39.9 MW "Torvenkylä" wind farm will be built 250 km up north near the city of Kalajoki. 
The Nordex Group will supply the N163 turbines in the cold climate version on tubular steel towers with hub heights of 
148 and 118 metres. The turbines will be installed and connected to the grid in the course of 2022. 
"Takanebacken" and "Torvenkylä" are two follow-up projects of both companies in Finland. The Nordex Group is currently 
installing the 29.96 MW "Konttisuo" wind farm for Energiequelle in the municipality of Soini. In the Southern 
Ostrobothnian municipality seven N149/4.0-4.5 turbines will be installed. 
"We are very pleased that Energiequelle has once again opted for our turbine technology and this time for the N163/5.X. 
This turbine type is ideally suited for the wind conditions of both sites," says Patxi Landa, CSO of the Nordex Group. 
"The good cooperation on our current projects, but above all the convincing further development of the Delta4000 
platform, which is optimally tailored to the needs of the two project sites, were decisive for our decision in favour 
of Nordex," says Nils Borstelmann, CEO of Energiequelle Oy. 
About Energiequelle 
Since 1997, Energiequelle GmbH has been internationally active as a project developer and operator of wind energy, 
biomass and photovoltaic plants as well as substations and storage facilities. The head office of the company is 
Kallinchen near Berlin, further locations are in Bremen, Oldenburg, Hannover, Putlitz, Penzing, Erfurt, Dresden, 
Rostock, Leipzig, Guntersblum as well as Rennes, Dijon and Royan (France) and in Helsinki (Finland). With more than 300 
employees and more than 750 built plants with a total capacity of approx. 1,400 MW, Energiequelle is a leading company 
in the industry. 
About the Nordex Group 
The Group has installed more than 35 GW of wind power capacity in over 40 markets and generated sales of around EUR 4.6 
billion in 2020. The Company currently has more than 8,500 employees. The Group's manufacturing network includes 
factories in Germany, Spain, Brazil, the USA, India and Mexico. Its product portfolio is mainly focused on onshore 
turbines in the 4 to 5.X MW class which are designed to meet the market requirements of countries with limited 
available space and regions with limited grid capacity. 
Nordex SE 
Contact for press inquiries: 
Felix Losada 
Phone: +49 (0)40 / 300 30 - 1141 
flosada@nordex-online.com 
Contact for investors: 
Nordex SE 
Felix Zander 
Phone: +49 (0)40 / 300 30 - 1116 
fzander@nordex-online.com 
Energiequelle GmbH 
Contact for press inquiries: 
Susanne Tauke 
Marketing & PR 
Phone: +49 (421) 62 67 69 22 
tauke@energiequelle.de 
=---------------------------------------------------------------------------------------------------------------------- 
2021-04-07 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. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
=---------------------------------------------------------------------------------------------------------------------- 
Language:     English 
Company:      Nordex SE 
              Erich-Schlesinger-Straße 50 
              18059 Rostock 
              Germany 
Phone:        +49 381 6663 3300 
Fax:          +49 381 6663 3339 
E-mail:       info@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:  1181380 
 
End of News   DGAP News Service 
=------------ 

1181380 2021-04-07

(END) Dow Jones Newswires

April 07, 2021 01:30 ET (05:30 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
MDAX 0.78% 33263.21 Delayed Quote.8.01%
NORDEX SE 0.98% 24.84 Delayed Quote.12.09%
TECDAX PERFORMANCE INDEX 9:00-20:00 0.00% 3526.18 Delayed Quote.9.76%
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Financials
Sales 2021 4 915 M 5 889 M 5 889 M
Net income 2021 17,0 M 20,3 M 20,3 M
Net Debt 2021 138 M 165 M 165 M
P/E ratio 2021 215x
Yield 2021 -
Capitalization 2 915 M 3 492 M 3 493 M
EV / Sales 2021 0,62x
EV / Sales 2022 0,60x
Nbr of Employees 8 314
Free-Float 62,5%
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Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 27,55 €
Last Close Price 24,84 €
Spread / Highest target 44,9%
Spread / Average Target 10,9%
Spread / Lowest Target -19,5%
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Managers and Directors
NameTitle
Josť Luis Blanco Dieguez Chief Executive Officer
Ilya Taka Hartmann Chief Financial Officer
Wolfgang H. Ziebart Chairman-Supervisory Board
Jan Klatten Member-Supervisory Board
Martin Wolfgang Rey Member-Supervisory Board
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