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MarketScreener Homepage  >  Equities  >  Xetra  >  Senvion S.A.    SEN   LU1377527517


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Senvion : completes installations of key projects in growth markets

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06/05/2019 | 03:55am EDT

DGAP-Media / 05.06.2019 / 09:51

Senvion completes installations of key projects in growth markets
86% growth achieved in installations in first five months of the year

Hamburg: Senvion has successfully completed the installation of three key projects in Chile and Australia. In Chile, the Sarco and Aurora projects consist of 93 wind turbines with a total installed capacity of around 299 MW. In Australia, the Pacific Hydro Crowlands Wind Farm features 39 Senvion MM92 turbines. The commissioning of these wind farms is currently underway.

The Sarco and Aurora wind farms are owned by Aela Energia, a joint venture of Actis (60%) and Mainstream Renewable Power (40%). The Sarco project consists of 50 Senvion 3.4M114 turbines and is located in the Atacama region of Northern Chile. The Aurora project, located in the Southern Los Lagos region, features 43 Senvion 3.0M122 turbines. The Crowlands Wind Farm has an installed capacity of 80 MW and will produce enough clean energy to supply the power needs of over 50,000 homes in Victoria.

Yves Rannou, CEO of Senvion, says: "We are making solid progress in our execution. The completion of installations of these three key projects in growth markets is a significant example of our efforts. We have shown that we were able to streamline the installations - one of our key challenges and main tasks during the last months. Therefore I wish to especially thank our local teams for their effort and our customers for the successful partnerships."

Senvion installed 475 MW in first five months of 2019 against 256 MW installed in corresponding period in 2018. This corresponds to growth of around 86% year over year.

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 ?ory-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 8,200 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, Spain, 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.

Vice President Capital Markets and Public Relations
Dhaval Vakil
phone: +44 20 3859 3664
mobile: +44 7788 390 185
email: dhaval.vakil@senvion.com

Senior Manager Corporate Communications
Katrin Rosendahl
phone: +49 40 5555 090 3040
mobile: +49 173 3687 185
email: katrin.rosendahl@senvion.com

End of Media Release

Issuer: Senvion S.A.
Key word(s): Energy

05.06.2019 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
Phone: +352 26 00 5305
Fax: +352 26 00 5301
E-mail: press@senvion.com
Internet: www.senvion.com
ISIN: LU1377527517, XS1223808749, XS1223809390
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; London, Dublin, Luxembourg Stock Exchange
EQS News ID: 819605

End of News DGAP Media

819605  05.06.2019 


© EQS 2019
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Financials (EUR)
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