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GN Renewable Investments purchases projects with 27.5 MW from Nordex

Published:  28 July, 2014

Nordex has sold the French wind farm projects "Aubigeon" and "Les Touches" to the investment company GN Renewable Investments. "We are pleased to finalize the sale of two further projects in France developed by our own organization", states Nordex Management Board member Lars Bondo Krogsgaard. The projects have been developed by Nordex in cooperation with development partners and are sold on a turn-key basis.

Construction work on the two projects has already started. Aubigeon and Les Touches will deliver first power in the summer 2015. The "Les Touches" site is located near Nantes in the Departement Loire Atlantique and comprises six turbines N100/2500 turbines. The project will yield around 36 GWh annually. "Aubigeon" is located in the Departement Indre and comprises five N100/2500 turbines and will produce 32 GWh annually; GN Renewable Investments has the option to purchase one further turbine for this project. In sum the two projects will supply up to 20,000 French households with clean energy.

GN Renewable Investments has signed 10 year service contracts with Nordex for both projects. Krogsgaard: "Financial investors are particularly interested in long-term technical support for their turbines to ensure a high availability of the machines and thus safeguard their investments. This is one reason why we are continuously extending our service network and expanding our offering in this field."

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