Deals Counterparts

Nordex Group to supply 66 MW of N149/5.X turbines for Capital Dynamics' Douglas West Extension onshore wind farm in Scotland

Supply Agreement Onshore Wind announced United Kingdom Oct 2, 2024
66 MW
Capacity

The Nordex Group secured an order to supply twelve N149/5.X turbines, totaling 66 MW, for Capital Dynamics' Douglas West Extension onshore wind farm in Scotland. The agreement also includes a 30-year Premium Service contract. This project, located near Glasgow, will contribute to the UK's energy independence and security by leveraging excellent continuous wind conditions.

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Deal Analysis

Nordex Group just secured a 66 MW turbine supply order from Capital Dynamics for the Douglas West Extension onshore wind farm in Scotland. This isn't just a component sale; the agreement includes a 30-year Premium Service contract, a substantial long-term operational commitment from one of the world’s largest wind turbine manufacturers. For Capital Dynamics, a global private asset manager focused on clean energy infrastructure, this project near Glasgow leverages "excellent continuous wind conditions" to expand their sustainable asset portfolio and bolster UK energy security. It's a clear move to lock in reliable, long-term power generation.
  • 66 MW capacity from twelve N149/5.X turbines.
  • 30-year Premium Service contract included.
  • Capital Dynamics, a global private asset management firm, developing in Scotland.
  • Nordex Group, one of the world's largest wind turbine manufacturers, supplying.

Timeline

Announced
Oct 2, 2024
Signed
Closed

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