Expanding its presence in the German market

  • Nordex receives wind-turbine orders from UKA Group
  • Orders are for 32 turbines of different types
  • Power-generation capacity of 197.1 megawatts
  • Services provided for 20 years
  • Part of a framework agreement for future projects

Nordex, the German wind-turbine maker, has announced that it has received orders from UKA Group, a wind and solar-park developer, to supply wind turbines for seven projects in Germany. The orders, which were placed last month, consist of 32 turbines from Nordex’s Delta4000 series, with a total power-generation capacity of 197.1 megawatts. In addition to supplying the turbines, Nordex will also provide services to the projects for a period of 20 years. This deal is part of a larger framework agreement between Nordex and UKA, which aims to develop further projects in Germany with a total capacity of up to 1,000 megawatts.

Public Companies: Nordex (N/A), UKA Group (N/A)
Private Companies:
Key People:

Factuality Level: 8
Justification: The article provides specific details about Nordex receiving orders from UKA Group to supply wind turbines to seven projects in Germany. It mentions the number of turbines, the power-generation capacity, and the duration of the service agreement. The article does not contain any irrelevant or misleading information, and there is no apparent bias or opinion masquerading as fact. However, it lacks financial details and background information about the companies involved.

Noise Level: 8
Justification: The article provides relevant information about Nordex receiving orders from UKA Group to supply wind turbines to seven projects in Germany. It mentions the number of turbines, power-generation capacity, and the duration of the service agreement. However, it lacks details on the financial aspects and the specific regions where the projects are located. Overall, the article stays on topic and provides some evidence of the company’s ongoing partnership with UKA Group.

Financial Relevance: Yes
Financial Markets Impacted: Nordex and UKA Group

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to financial topics as it discusses orders received by Nordex from UKA Group for wind turbines in Germany. There is no mention of any extreme event in the article.

Reported publicly: www.marketwatch.com