Market announcement

Nordecon AS

LEI code

48510000D8HSLK854I81

Size of the entity

Large group

Economic activities

Construction

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

7415

Submission date and time

30.07.2019 09:00:00

Content of announcement in Estonian

Title

Ehituslepingu sõlmimine (Nysäter tuulepargi tuulegeneraatorite vundamendid)

Message

Nordecon  AS  kontserni  kuuluv  ettevõte  NOBE  (ärinimi Nordecon Betoon OÜ) ja
Nordex  Sverige AB  sõlmisid lepingu  Põhja-Rootsi Sundsvalli lähedusse rajatava
Nysäter tuulepargi 73 tuulegeneraatori vundamendi ehituseks. Leping hõlmab endas
nii betoonitöid kui ka pinnaseankrute paigaldust.

Nysäter   tuulepark   saab   olema  Euroopa  üks  suuremaid  maismaa  tuuleparke
koguvõimsusega    475 MW,    kus   lisaks   esimeses   etapis   rajatavale   73
tuulegeneraatorile ehitatakse teises etapis täiendavad 41 tuulikut. NOBE tellija
Nordex Group on maailmas suuruselt viies tuulegeneraatorite tootja ning projekti
tellija  Nordexilt on  konsortsium Credit  Suisse Energy Infrastructure Partners
(CSEIP) ja Utility E.ON Climate & Renewables.

NOBE  lepingu maksumus  on 14,7 miljonit  eurot, millele  lisandub käibemaks, ja
ehitustööd kestavad kuni 2020. aasta juunikuuni.

Nordeconi    kontsern    (www.nordecon.com   (http://www.nordecon.com))   hõlmab
ettevõtteid,    mis    on    keskendunud    hoonete   ja   rajatiste   ehitamise
projektijuhtimisele   ja   peatöövõtule.  Geograafiliselt  tegutsevad  kontserni
ettevõtted  Eestis, Ukrainas, Soomes ja  Rootsis. Kontserni emaettevõte Nordecon
AS   on   registreeritud   ja  asub  Tallinnas,  Eestis.  Kontserni  2018. aasta
konsolideeritud  müügitulu  oli  223 miljonit  eurot.  Nordeconi  kontsern annab
hetkel  tööd  ligi  660 inimesele.  Alates  18.05.2006 on  emaettevõtte  aktsiad
noteeritud NASDAQ Tallinna Börsi põhinimekirjas.

Andri Hõbemägi
Nordecon AS
Investorsuhete juht
Tel: +372 6272 022
Email: [email protected] (mailto:[email protected])
www.nordecon.com (http://www.nordecon.com)

Content of announcement in English

Title

Construction contract (Nysäter Windfarm wind turbine foundation works)

Message

NOBE  (corporate name Nordecon Betoon OÜ), a Nordecon Group company entered into
a  contract with Nordex Sverige  AB for the construction  of foundations for 73
wind  turbines in Nysäter  Windfarm wind park  to be erected  in Northern Sweden
close to Sundsvall. The agreement includes both concrete works and ground anchor
installation.

Nysäter Windfarm will be one of the biggest land-based wind parks in Europe with
total  installed  capacity  of  475 MW,  where  in addition to 73 turbines to be
erected in the first phase, another 41 turbines will be installed in the second.
Nordex  Group, the contractor of NOBE  is the fifth biggest turbine manufacturer
in  the world. The  project itself is  owned by a  fund advised by Credit Suisse
Energy Infrastructure Partners and E.ON Climate & Renewables.

The  value of the NOBE  contract is 14.7 million euros  plus value added tax and
the construction works will be completed by June 2020.

Nordecon (www.nordecon.com (http://www.nordecon.com)) is a group of construction
companies  whose core  business is  construction project  management and general
contracting  in the  buildings and  infrastructures segment.  Geographically the
Group  operates in Estonia, Ukraine, Finland and Sweden. The parent of the Group
is  Nordecon  AS,  a  company  registered  and  located in Tallinn, Estonia. The
consolidated  revenue  of  the  Group  in  2018 was 223 million euros. Currently
Nordecon  Group  employs  close  to  660 people. Since 18 May 2006 the company's
shares have been quoted in the main list of the NASDAQ Tallinn Stock Exchange.

Andri Hõbemägi
Nordecon AS
Head of Investor Relations
Tel: +372 6272 022
E-mail: [email protected] (mailto:[email protected])
www.nordecon.com (http://www.nordecon.com)