News Release from Senvion GmbH

Wind Industry Profile of

Senvion GmbH

06/13/2017

Senvion signs Partnership Agreement for over 429 MW in Australia

Senvion, a leading global manufacturer of wind turbines, has signed a Delivery Partnership Agreement with RES Australia and its project partners for the 116-turbine Murra Warra wind farm in Victoria in a consortium with Downer and is now part of Senvion's conditional order book.

The Delivery Partnership Agreement is for the early works which are currently underway and is a precursor to financial close of the project. The wind farm will feature the 3.7M144 turbine type, which is being designed for this project. This product extension is currently being developed and added to the Senvion portfolio for other projects.

Jürgen Geissinger, CEO of Senvion, said: "We are very pleased to be collaborating with RES and its project partners on this significant project. This agreement demonstrates that our commitment to deliver optimised products for all wind conditions is highly effective and helps to consolidate Senvion's strong market position in Australia. It also showcases the confidence of strategic partners in our products."

Raymond Gilfedder, CEO and Managing Director of Senvion Australia said: "The introduction of ambitious renewable energy targets in Victoria has injected new confidence in the local wind energy market. We are very excited to be working with RES Australia and its project partners to deliver the Murra Warra wind farm which will result in significant employment and economic benefits for the local communities around the project." Prior to joining Senvion Australia, Raymond was Managing Director for Senvion's Northern Europe hub.

Roger Seshan, Strategic Procurement Director of RES, said: "We are delighted to build on our European relationship with Senvion. RES's global experience and relationships allows us to combine the best elements from our respective markets to deliver our projects. We look forward to continuing to develop our relationship in the Australian market with the Murra Warra wind farm."

Senvion Australia has been delivering wind energy solutions since 2002. The company has delivered over 440 megawatts of wind capacity across 10 projects in Victoria, New South Wales and South Australia. Senvion Australia Pty. Ltd. is the regional subsidiary providing Senvion wind turbine technology and solutions across the Asia Pacific region.