Senvion signs 2nd contract in August for the US market

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DGAP-Media / 2018-09-10 / 12:11 
 
*Senvion signs 2nd contract in August for the US market* 
 
*Hamburg: *Senvion and Heritage Sustainable Energy have executed an 80 MW 
agreement for the supply and delivery of Garden II. The first 20 MW are 
already firm followed by a conditional 60 MW. The agreement includes a 21 
year full service contract. 
 
The Garden II project consists of 20 Senvion 4.0M140 turbines with a hub 
height of 82 meters. The installation of phase one will start in 2019, the 
second phase in 2020. The project is located in Delta County, Michigan. The 
state supports the strategic expansion of renewable energies targeting a 25% 
renewable energy goal by 2030. 
 
"We are excited to continue working with such a respected partner as 
Heritage. With this project, we will support Michigan's ambition to reach 
their renewable energy goal. Garden II is further proof that wind energy is 
competitive and cost-effective even in medium-wind regions", says Lance 
Marram, CEO North America of Senvion. 
 
"Heritage is extremely pleased to expand the business relationship with 
Senvion. Senvion has proven to be a reliable and competent long term partner 
at our existing wind farms. We are very confident that these next generation 
"state of the art" Senvion turbines will generate considerably more 
electricity at reduced cost, a great benefit for the environment and the 
people of the state of Michigan", adds Marty Lagina, Founder and Chief 
Executive of Heritage Sustainable Energy. 
 
*About Senvion:* 
 
Senvion is a leading global manufacturer of onshore and offshore wind 
turbines. The company develops, produces and markets wind turbines for 
almost any location - with rated outputs of 2 MW to 6.33 MW and rotor 
diameters of 82 metres to 152 metres. Furthermore, the company offers its 
customers project specific solutions in the areas of turnkey, service and 
maintenance, transport and installation, as well as foundation planning and 
construction. The Senvion systems are mainly designed in the major 
TechCenters in Osterrönfeld and Bangalore and manufactured at its German and 
Portuguese plants in Bremerhaven, Vagos and Oliveira de Frades as well as in 
Zory-Warszowice, Poland and Baramati, India. With approximately 4,000 
employees worldwide, the company makes use of the experience gained from the 
manufacture and installation of more than 7,900 wind turbines around the 
world. The company's operational subsidiary Senvion GmbH is based in Hamburg 
and represented by distribution partners, subsidiaries and participations in 
European markets such as France, Belgium, the Netherlands, the UK, Italy, 
Romania, Portugal, Sweden, and Poland as well as on a global level in the 
USA, China, Australia, Japan, India, Chile and Canada. Senvion S.A. is 
listed on the Prime Standard of the Frankfurt Stock Exchange. 
 
*About Heritage Sustainable Energy* 
Heritage Sustainable Energy, LLC was formed in 2004 as a renewable energy 
provider. To date, the company has successfully developed a series of wind 
and solar projects in Michigan, installing enough capacity to power the 
equivalent of 57,000 average Michigan homes every year. Heritage operates a 
total of 139.2 megawatts (MW) of installed renewable energy capacity, with 
hundreds of MW in their project pipeline, continuing with its commitment to 
help reduce Michigan's dependence on conventional energy sources. The 
company has also contributed planning and other resources to other energy 
providers, resulting in the installation of hundreds of MW of additional 
wind energy generation. 
 
*Vice President Capital Markets and Public Relations* 
Dhaval Vakil 
phone: [phone] 
mobile: [phone] 
email: [e-mail] 
 
*Senior Manager Corporate Communications* 
Katrin Rosendahl 
phone: [phone] 
mobile: [phone] 
email: [e-mail] 
 
End of Media Release 
 
Issuer: Senvion S.A. 
Key word(s): Energy 
 
2018-09-10 Dissemination of a Press Release, transmitted by DGAP - a service 
of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
The DGAP Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language: English 
Company:  Senvion S.A. 
          46a, avenue John F. Kennedy 
          L-1855 Luxembourg 
          Luxemburg 
Phone:    [phone] 
Fax:      [phone] 
E-mail:   [e-mail] 
Internet: www.senvion.com 
ISIN:     LU1377527517, XS1223808749, XS1223809390 
WKN:      A2AFKW 
Listed:   Regulated Market in Frankfurt (Prime Standard); Regulated 
          Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, 
          Stuttgart, Tradegate Exchange; Dublin, Luxembourg Stock Exchange 
 
End of News DGAP Media 
 
721991 2018-09-10 
 
 

(END) Dow Jones Newswires

September 10, 2018 06:11 ET (10:11 GMT)