Deals Counterparts

VERBUND Green Power and Nordex partner for 700 MW wind turbine delivery

Supply Agreement Onshore Wind signed Madrid, Austria, Germany, Spain, Italy, Romania, and Albania Feb 23, 2026
700 MW
Capacity
development
Stage

VERBUND Green Power and Nordex have entered into a long-term agreement for the potential delivery of up to 700 MW in wind turbines. The deal, made official in Madrid on January 16, 2026, aims to support VERBUND's wind projects across Austria, Germany, Spain, Italy, Romania, and Albania. Deliveries are expected to be staged through 2030. This collaboration supports VERBUND's strategic objective of scaling up renewable generation across Europe and positions both companies for future lucrative deals.

Deal Analysis

VERBUND Green Power's agreement with Nordex for up to 700 MW of wind turbines signifies a substantial commitment to expanding renewable energy generation across Europe. The long-term supply agreement, formalized in January 2026, positions VERBUND to develop wind projects in Austria, Germany, Spain, Italy, Romania, and Albania through 2030. This collaboration aligns with VERBUND's strategic objective of scaling up its renewable energy portfolio and strengthens Nordex's position as a key supplier in the European wind energy market. The deal is notable for its potential scale (700 MW), the involvement of a major European utility (VERBUND) and a leading wind turbine manufacturer (Nordex), and its geographic scope across multiple European countries. While the financial value of the agreement remains undisclosed, the sheer volume of turbines suggests a significant investment in renewable energy infrastructure. This agreement underscores the ongoing momentum in the European onshore wind sector, driven by decarbonization targets and the increasing competitiveness of wind energy.
  • Potential delivery of up to 700 MW of wind turbines.
  • Involves major players: VERBUND Green Power and Nordex.
  • Geographic scope covers Austria, Germany, Spain, Italy, Romania, and Albania.
  • Supports VERBUND's strategic objective of scaling up renewable generation.
Market Context: The European onshore wind market is experiencing continued growth, driven by ambitious renewable energy targets and decreasing costs. This agreement reflects the ongoing investment in wind energy infrastructure to meet these targets.

Source Intelligence

KEY DETAILS

This collaboration supports VERBUND's strategic objective of scaling up renewable generation across Europe, quote: "This collaboration with Nordex supports our strategic objective of scaling up renewable generation across Europe."

Capacity
for the potential delivery of up to 700 MW in wind turbines
Location
to support VERBUND's wind projects across Austria, Germany, Spain, Italy, Romania, and Albania
Announcement
by Prince February 23, 2026
Signing
The deal was made official in Madrid on January 16, 2026
COD
Deliveries would be staged through 2030
PARTIES MENTIONED IN SOURCE
V
VERBUND Green Power buyer

"VERBUND Green Power enters long-term agreement with Nordex for potential delivery of up to 700 MW in wind turbines"

N
Nordex seller

"VERBUND Green Power enters long-term agreement with Nordex for potential delivery of up to 700 MW in wind turbines"

medium quality Enriched Feb 23, 2026

Timeline

Announced
Feb 23, 2026
Signed
Jan 16, 2026
Closed

Market Context

This deal is part of the Onshore Wind sector in Austria, Germany, Spain, Italy, Romania, and Albania.
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Onshore Wind deals
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