updated 12/1/2010 10:16:44 AM ET 2010-12-01T15:16:44

  • EverPower's Second Order for Nordex Turbines
  • Nordex' New Plant in Arkansas to Supply Turbines

CHICAGO, Dec. 1, 2010 (GLOBE NEWSWIRE) -- Shortly after dedicating its new wind turbine manufacturing plant in Jonesboro, Arkansas, Nordex USA secured an order for a 75 Megawatt project using N100 wind turbines from EverPower Wind Holdings, Inc. The contract includes a five-year premium maintenance and service agreement, as well as the delivery, commissioning and testing of the turbines. This is the second time EverPower has selected Nordex.

In 2009, EverPower installed 25 Nordex N90 2.5 Megawatt high-speed wind turbines at its Highland Wind Farm, a 62.5 Megawatt project located in Cambria County, Pennsylvania. At the time, it was Nordex' largest American wind project and the first wind farm in the country using turbine generators that large.

EverPower currently has advanced stage projects in New York, Ohio, Pennsylvania and Washington totaling 600 Megawatts of capacity targeted for construction within the next three years.

"We are extremely pleased to be building on a solid performance record with EverPower," said Ralf Sigrist, President and CEO of Nordex USA. "Our partnership proves that superior turbine technology makes wind power a competitive alternative to traditional fuels and can help secure the nation's electricity supply."

EverPower Wind Holdings, Inc. develops, owns and operates utility-grade wind farms and sells clean electricity generated from its farms to local utilities, which purchase this electricity for resale to individual consumers and businesses. The company has offices in New York; Pittsburgh; Portland, Oregon and Bellefontaine, Ohio and is currently progressing wind farm projects in several states. EverPower is owned by its employees and the private equity firm, Terra Firma which has a range of institutional investors with the largest proportion being US-based.

"We are very pleased with the possibility of installing Nordex turbines," says Jim Spencer, president and CEO of EverPower Wind Holdings, Inc. "We have been impressed with the performance and reliability of the turbines installed at the Highland Wind Farm and from previous experience expect that Nordex' next generation of turbines will have at minimum a 97 percent availability rate.

"We are also very excited to be the first developer to install turbines manufactured at Nordex' new Arkansas plant," said Mr. Spencer. "It reinforces what we have been saying – wind farms create American jobs."

Currently, Nordex' largest US order to date – 150 Megawatts/60 turbines – is being installed at BP Wind Energy's Cedar Creek wind farm in Colorado.

For more information, please visit www.nordex-online.com or click the links below.

Nordex USA fact sheet : ( http://bit.ly/dfhiif )

Image: Nordex turbine at Highland Wind Farm : ( http://bit.ly/Highland1 )  

The Nordex USA logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6418

CONTACT:  CNC - Communications & Network Consulting
          US press contact:
          Felice Ahn
          +1 (212) 207-3182
          Mobile: +1 (917) 916-6468
          felice.ahn@cnc-communications.com 

          Nordex SE
          European press contact:
          Ralf Peters, Head of Communications
          +49 (40) 30030 1000
          rpeters@nordex-online.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 4.94%
$30K home equity loan FICO 5.19%
$75K home equity loan FICO 4.58%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.40%
13.40%
Cash Back Cards 17.92%
17.91%
Rewards Cards 17.12%
17.11%
Source: Bankrate.com