Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

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

SENVION S.A.

(SEN)
  Report
SummaryQuotesChartsNewsCalendarCompanyConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

Senvion : to Supply Turbines for Offshore Windfarm in Germany

share with twitter share with LinkedIn share with facebook
share via e-mail
05/30/2019 | 06:58am EDT

German manufacturer Senvion has secured a contract for the supply of turbines for the 200MW Trianel Borkum II windfarm.

Located north of the island of Borkum in the German North Sea, the wind farm can generate nearly 800 million kilowatt-hours of electricity annually, enough to power around 210,000 households per year.

The supply contract has been agreed with Trianel Windkraftwerk Borkum II (TWB II).

Last month, Senvion filed for self-administration proceedings after unsuccessful refinancing talks. As a result, the original general contract between Senvion and TWB II required adjustment. The turbine service deal remains unchanged.

The conditional contract for the turbine delivery and service was signed in September 2016 for the delivery of 32 Senvion 6.2M152 turbines with a power upgrade. The remaining 17 of the 32 wind turbines are due for delivery this autumn.

Senvion CEO Yves Rannou said: We want to thank our customers of TWB II for the constructive talks. The positive outcome secures the continuation of one of our key offshore projects during these challenging times.

Trianel Windpark Borkum II commercial director Klaus Horstick said: Together with Senvion, we have found a viable solution that ensures the production and on-time delivery of the remaining wind turbines.

Together with Senvion, we have found a viable solution that ensures the production and on-time delivery of the remaining wind turbines.

This enables us to continue the construction phase of the offshore wind farm and start the installation campaign in June.

TWB II was established in 2015 as a joint venture of EWE AG and Trianel for the second phase of the wind farm.

Trianel Borkum II wind farm shareholders are EWE AG that holds 37.5% share, EWZ Offshore Borkum and 17 German municipal utilities together with Trianel hold 24.51% and 37.99% respectively.

The first phase of the wind farm was inaugurated in September 2015.

(c) 2019 MediaQuest Corp. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on SENVION S.A.
03/02VESTAS WIND : secures service agreement for Senvion turbines in Australia
AQ
01/13SENVION S A : Siemens Gamesa successfully completes acquisition of European Serv..
AQ
01/09SENVION S A : Siemens Gamesa successfully completes acquisition of European Serv..
PU
2019Turbine maker Siemens Gamesa shares plummet on delayed margin goals
RE
2019SENVION S A : Siemens Gamesa reaches agreement to acquire selected assets of Sen..
AQ
2019Siemens Gamesa Buys Senvion Assets for EUR200 Million
DJ
2019Siemens Gamesa to buy assets from wind turbine maker Senvion
RE
2019Scots MSPs unite behind onshore wind
AQ
2019SENVION : installs turbines for 299MW wind farms in Chile and Australia
AQ
2019SENVION : Spanish platforms picked for Taranto turbines
AQ
More news
Financials (EUR)
Sales 2018 -
EBIT 2018 -
Net income 2018 -
Debt 2018 -
Yield 2018 -
P/E ratio 2018 -
P/E ratio 2019 -
Capi. / Sales2018 -
Capi. / Sales2019 -
Capitalization 1,30 M
Chart SENVION S.A.
Duration : Period :
Senvion S.A. Technical Analysis Chart | SEN | LU1377527517 | MarketScreener
Consensus
 
Mean consensus -
Number of Analysts
Average target price
Last Close Price 0,02  
Spread / Highest target -
Spread / Average Target -
Spread / Lowest Target -
EPS Revisions
Managers
NameTitle
Yves Rannou Chief Executive Officer
Eugene Davis Chairman-Supervisory Board
Steven D. Scheiwe Member-Supervisory Board
Timothy Bernlohr Member-Supervisory Board
Dirk Luttermann Head-Marketing