Deals Counterparts

Nordex Group secures 189 MW wind turbine supply and service contracts from Rönesans Enerji for three wind farms in Türkiye

Supply Agreement Onshore Wind announced Türkiye Aug 23, 2023
189 MW
Capacity

Nordex Group secured a 189 MW wind turbine supply and multi-year O&M contract from Rönesans Enerji for three Turkish wind farms. This significantly expands Rönesans Ener.

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Deal Analysis

The 189 MW onshore wind turbine supply and multi-year operations and maintenance contract between Nordex Group and Rönesans Enerji for three wind farms in Türkiye illustrates a commercial preference for integrated solutions in renewable energy development. This agreement provides Rönesans Enerji with both high-yield, cost-efficient wind turbines from one of the world’s largest manufacturers and long-term operational stability through dedicated O&M services. For Nordex Group, securing this multi-year service component alongside the turbine supply offers a predictable revenue stream beyond the initial equipment sale, deepening its engagement with a key Turkish independent power producer. This structure manages operational risks for Rönesans Enerji as it expands its installed capacity in Türkiye. Rönesans Enerji, a Turkish independent power producer, operates over 1,000 MW of installed capacity, with 90% derived from renewable sources including hydro, wind, and solar, primarily within Turkey. This 189 MW addition directly advances Rönesans Enerji's growth strategy in its home market, building on its established track record in Turkish renewables. Nordex Group, a global wind turbine manufacturer, expands its supply pipeline and service footprint in Türkiye through this deal, announced on August 23, 2023. Heitkamp Industrial Solutions GmbH, a German industrial services and construction firm specializing in plant construction, is involved as the EPC for these three wind farms in Türkiye, executing the physical construction alongside Nordex's turbine delivery for Rönesans Enerji.
  • Nordex Group secured 189 MW of onshore wind turbine supply.
  • The deal includes multi-year O&M contracts for three wind farms in Türkiye.
  • Rönesans Enerji operates over 1,000 MW of installed capacity, with 90% from renewables.
  • Nordex Group is one of the world’s largest wind turbine manufacturers.
  • The agreement was announced on August 23, 2023.
  • Heitkamp Industrial Solutions GmbH is involved as the EPC for the projects.

Timeline

Announced
Aug 23, 2023
Signed
Closed

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