Spain - Nordex wind energy order for N100/2500 wind turbines for a wind farm

Eolia is one of the leading independent European generators of power from renewable sources. The company is calling in the wind turbines from a master agreement signed with Nordex in 2007. In addition to delivery of the machines, the order also includes turnkey installation of the wind farm. Furthermore, Eolia Renovables is taking advantage of the Nordex Premium Service.

The 37.5 megawatt wind farm “Sant Antoni” is being built in the Spanish region of Catalonia. Nordex plans to complete the infrastructure work and foundation construction by autumn so that the turbines can be set up in the course of this year. The annual energy yield is expected to be around 93,000 megawatt hours.

“Sant Antoni” is the first N100/2500 wind power project in Spain and one of the largest Nordex wind farms there. “Caramonte”, with 22 N90/2500 wind turbines, also ranks among the largest Nordex projects in Spain and belongs to Eolia as well.

As a technological leader among suppliers of megawatt wind turbines, Nordex benefits particularly from the global trend towards large-scale wind turbines. The product range includes one of the largest series wind power systems in the world (N80/2500, N90/2500, N100/2500, N117/2400) with more 1,500 of these turbines having been produced to date.

This means that Nordex has a crucial edge in terms of experience in operating large turbines compared to most of its competitors in the sector. Overall, Nordex has installed a more than 4,400 wind turbines with a capacity in excess of 6,600 MW around the world. With exports accounting for over 95 percent of its business, Nordex also has a strong position in international high-growth regions. The company has offices and subsidiaries in 19 countries. In total, the Group employs more than 2,600 people worldwide.

Eolia Renovables is one of the leading independent European wind power and photovoltaic solar power producers. Its growth strategy is predicated on taking equity interests in mid-sized renewable energy companies. Its founding shareholders include specialist alternative asset managers such as the N+1 Group, independent developers and financial institutions such as Bankinter, BBK, Kutxa, Fonditel and Banco Sabadell, among others.

N+1 Eolia SGECR, the management firm for Eolia Renovables, is the only entity in its class in Spain as it is devoted exclusively to managing renewable energy endeavours. N+1 Eolia is part of the N+1 Group, an independent entity specialised in the provision of value added financial products and services. Its core business lines are alternative asset management and corporate financial advisory services. The N+1 Group currently has over €2.5 billion of assets under management. It has offices in Madrid, Barcelona, Frankfurt and Luxembourg and a headcount of 211.

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