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Nordex SE Confirms Guidance after Q1 results
Nordex Receives Order For 35 MW From The Netherlands
Nordex Gets Order For 97 MW From wpd In Finland
Nordex SE is a Germany-based holding company that, along with its subsidiaries, develops, manufactures and distributes wind power systems, specializing in wind turbines, in Germany and other countries. Under the Nordex brand, the Company offers wind turbines Nordex N90/2500, N100/2500 and N117/2400. In addition to the development and production of wind power systems, the Company also provides preliminary project development services to support marketing, as well as acquires rights and creates the infrastructure required to construct wind power systems at suitable locations. The Company is active in project development in almost four markets: France, Poland, Sweden and America. The Company has offices and subsidiaries throughout the whole world and production facilities in Germany, China and the United States. The Company holds stake in other companies, including Beebe Wind LLC, Big Berry Wind Farm LLC, Flat Rock Wind LLC and Green Hills Wind LLC, among others.
Misc. Capital Goods
Langenhorner Chaussee 600
Wolfgang H. Ziebart
Chairman of the Supervisory Board
Jose Luis Blanco Dieguez
Chairman of the Management Board, Chief Executive Officer
Juan Muro-Lara Girod
Deputy Chairman of the Supervisory Board
Chief Financial Officer, Member of the Management Board
Chief Sales Officer, Member of the Management Board
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German wind turbine maker Nordex on Monday said it expected 2020 sales to rise by a third to 4.4 billion euros ($5.2 billion), adding the impact from the coronavirus crisis on its supply chain would ease from next year.
German utility RWE <RWEG.DE> on Tuesday completed a 2 billion euro ($2.4 billion) share issue to back its expansion into renewable energy, including its $480 million purchase of wind turbine maker Nordex's <NDXG.DE> project development pipeline.
German utility group RWE on Tuesday launched a share issue to finance its purchase of wind turbine maker Nordex's project development pipeline for 402.5 million euros ($480 million).
German wind turbine maker Nordex on Thursday said it swung to a core loss in the first half, citing the fallout from the coronavirus pandemic on its supply chain.
Shares in wind turbine maker Nordex <NDXG.DE> jumped nearly a quarter on Monday after the group agreed to sell most of its project development pipeline to RWE <RWEG.DE> for 402.5 million euros ($474 million).
German wind turbine maker Nordex SE is in exclusive talks with utility RWE to sell its European wind and photovoltaic project development pipeline for about 400 million euros ($470 million) to focus on other regions.
German wind turbine maker Nordex <NDXG.DE> on Monday said it was unclear when it could issue a new outlook for the current year, saying supply chain issues caused by the coronavirus pandemic continued to hit its business.
German wind turbine maker Nordex has suspended production at its Spanish factories, it said on Wednesday, responding to a lockdown in the country aimed at containing the spreading of the coronavirus.
German wind turbine maker Nordex <NDXG.DE> said on Tuesday it expects sales and profits to rise significantly in 2020, adding it had so far not observed major disruptions to the supply chain from the coronavirus pandemic.
German wind turbine maker Nordex fell further into the red in January-September, it said on Wednesday, while its negative free cash flow nearly doubled due to increased investments in rotor blade production in Mexico and Spain.
Spanish renewable energy producer Acciona <ANA.MC> has increased its bet on the wind turbine industry, launching a bid for Nordex <NDXG.DE> that values the German turbine maker at more than 1 billion euros ($1.2 billion).
German wind turbine maker Nordex <NDXG.DE> on Wednesday reported a 29% jump in orders in the six months of 2019, supporting expectations for a strong second half and sending its shares sharply higher.
German wind turbine maker Nordex on Wednesday kept its forecast for a core operating margin of 3-5% after profits more than halved in the first half, saying it expected business to pick up considerably in the remainder of the year.
Croatia's state-run HEP has signed a deal with wind turbine maker Nordex on Thursday for it to supply turbines for the power utility's first wind farm.
* DGAP-NEWS: RIVE PRIVATE INVESTMENT AND MIROVA ACQUIRE A 60 MW WIND PROJECT IN FRANCE FROM NORDEX
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.