Senvion hits high note at the end of 2016

Senvion, a leading global manufacturer of wind turbines, has reached an order intake of EUR1,304 million in 2016. In addition, conditional orders in Germany worth EUR241 million have received requisite permits and now wait for conversion into firm orders in H1/17. With a closing conditional order book of EUR1,765 million, the company witnessed an increase of 10% compared to conditional order book of EUR1,598 million at the end of 2015.

Jürgen Geissinger, CEO of Senvion, states: "We are proud of the successful end to the year with substantial order intake. With our clear growth strategy and our quality solutions, we have once again demonstrated that we are reliable partners in our core markets as well as offering ideal choices in our New Markets. Our partners and customers trust our services and all of us at Senvion remain fully committed to meeting the highest demands."

Within the last quarter of the financial year, Senvion has won a large number of international contracts. The wind turbine manufacturer has also signed many onshore contracts in its core markets. Most of them were closed in Germany, adding EUR149 million to its firm order intake, followed by the other core markets UK (EUR112 million) and France (EUR113 million).

The Chilean conditional orders of 300 MW for the Sarco and Aurora wind farms have not converted to firm orders before year end due to a delay in financial close. The financial close of both contracts is expected in Q1/17 and the goal to finalize installation within 2017 remains unchanged.