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“Safe Harbor” agreement on six wind turbine generators in the United States signed at the end of 2018
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Two innogy development projects in New York (366 MW) with mainly Nordex turbines planned
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Success in Polish onshore auction in November 2018 with 33 MW “Zukowice” project
Hamburg, 22 January 2019. In October 2018 innogy and the Nordex Group agreed on a strategic partnership with a view to facilitating future growth with onshore wind projects in a highly competitive environment in an optimal manner. This partnership is already paying off for both companies: for instance, at the end of 2018 innogy SE and the Nordex Group signed a contract in the USA for the supply of six N131/3900 turbines on the basis of a so-called “Safe Harbor” agreement. The term “Safe Harbor” describes the possibility on the North American market of securing Production Tax Credits on current terms and conditions – in this case from 2018 – by buying a part of the total components required at an early stage. In addition to this, innogy is planning, subject to its investment decision, to realise its US onshore development projects in the state of New York, Cassadaga (126 MW) and Baron Winds (240 MW), using mainly Nordex turbines. Furthermore, the two companies enjoyed a joint success in the first onshore auction in Poland with the Zukowice project (33 MW). Innogy will shortly be making its investment decision on this. The Nordex group is expecting to receive the order for this project in the second half of 2019.
