News Release from Senvion GmbH


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Senvion signs a second agreement for 50 MW with Total Eren

Strengthened footprint in Argentina reflects the company's global growth strategy

Image: SenvionImage: Senvion

Senvion today announced a new firm agreement, which includes the supply and delivery of another 14 Senvion 3.6M114 turbines in Argentina. The "Malaspina" project is the second full Engineering, Procurement and Construction (EPC) deal with Total Eren, a French developer of solar and wind energy projects. Total Eren secured a Power Purchase Agreement (PPA) on the electricity produced.

Senvion will provide 14 turbines that deliver a total rated output of 50.4 MW for the Malaspina project at the east coast of Argentina. The location is known for its high wind speeds, which makes the Senvion 3.6M114 with a rotor diameter of 114 meter the right choice. The 3.6M turbine has been developed to ensure the highest economic efficiency at such challenging locations. The installation is scheduled to start in the first half-year 2019.

David Hardy, Executive Director and Chief Sales Officer at Senvion, said: "We are pleased to announce a further construction in Argentina. It reflects Senvion's global growth strategy and thus our commitment to the promising wind market in Argentina and South America as such. With securing the second cooperation with Total Eren, a leading and skillful player of the renewable energy industry, we are furthermore able to confirm our strive for sustainable and reliable partnerships."

Fabienne Demol, Executive Vice-President - Global Head of Business Development of Total Eren, stated: "We are delighted to partner again with Senvion for the construction of our second wind project in Argentina. Malaspina confirms Total Eren's strong and continuous efforts to expand its renewable energy capacity in a country where we are active with 150 MW of wind projects and 30 MW of solar projects under construction."

Senvion is currently agreeing on final terms of further agreements in South America. The company is establishing a close network of experienced partners in Argentina and Chile since its market entry in 2016. Senvion is committed to further expanding its office in Buenos Aires as a result of recent strong successes in Argentina.

The agreement is part of Senvion's order intake of the second quarter 2018.

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Senvion, turbine, wind energy, wind farm, Argentina, Germany, turbine manufacturer, growth

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