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Framework turbine deal for Nordex
1 October 2008
A leading Belgian wind project developer, Air Energy, has signed a framework agreement with German turbine supplier Nordex for up to 22 of its 2.5 MW turbines over the next two years to projects located mainly in Wallonia. In addition, the two companies have signed a ten year premium service agreement, which includes a guaranteed availability to operate clause for each turbine on the basis of agreed expected average annual yields. The order, which is worth around EUR 73 million, is Nordex's first for the Belgian market and will enable the company "to create an important foundation for expanding our business in Belgium," says Carsten Pedersen, head of sales and marketing. Air Energy is 85% owned by Dutch utility Eneco and 15% by its founders. The developer currently has 54.5 MW turning and a further 26 MW due for completion around the end of the year, plus 93 MW in the permitting process. The company has also submitted an initial application for a 420-630 MW offshore project roughly 30 kilometres off the Belgian coast.
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