EQS-News: VERBUND Green Power and Nordex Group sign multi-year framework agreement for supply of wind turbines totalling 700 MW

Core Insights - VERBUND Green Power has signed a multi-year framework agreement with Nordex Group for the supply of wind turbines totaling 700 MW capacity, aimed at supporting VERBUND's upcoming wind projects across various European markets through 2030 [1][2] Group 1: Agreement Details - The agreement was signed on January 16, 2026, and involves the potential procurement of up to 105 units of Nordex onshore wind turbines for projects in Austria, Germany, Spain, Italy, Romania, and Albania [2] - The 700 MW capacity under the framework is expected to cover approximately 50% of VERBUND Green Power's wind project pipeline, pending final approvals and commercial agreements [3] Group 2: Company Strategies - VERBUND is expanding its renewable energy generation, targeting that photovoltaics and wind energy will account for 25% of its total generation by 2030, as part of its Mission V corporate strategy [4] - The company currently operates over 1.2 GW of renewable capacity across Europe and is pursuing an ambitious development pipeline to accelerate growth [4] Group 3: Leadership Statements - Michael Strugl, CEO of VERBUND, emphasized that the collaboration with Nordex supports the strategic objective of scaling up renewable generation across Europe and strengthens supply options in a competitive environment [5] - José Luis Blanco, CEO of Nordex Group, highlighted the partnership's role in converting an ambitious pipeline into clean generation across six European markets, with a focus on delivering reliable and cost-efficient wind energy [5] Group 4: Company Background - VERBUND is Austria's leading energy company, generating around 96% of its electricity from renewable sources, primarily hydropower, and reported a group result of approximately €1,875 million and EBITDA of €3,480 million in 2024 [6] - Nordex Group has installed around 57 GW of wind power capacity globally and generated consolidated sales of approximately €7.3 billion in 2024, focusing on onshore turbines in the 4 to 7 MW+ classes [8]