Nordex, a wind turbine manufacturer, has won a further project under the framework agreement with Finnish Wealth Management company Taaleritehdas.

Under the agreement signed between the companies in June 2012 for a total of 111 turbines, eight N117/2400 multi-megawatt turbines will be installed by Nordex on top of 120-metre high towers for the Nyby-li wind farm located in the Ii region in north-west Finland

Nordex SE management board member Lars Bondo Krogsgaard said, "We are pleased about the sale of yet another N117 project in Scandinavia and to be able to service our customers in Finland even better with the additional service point."

Characterized by mean wind speeds higher than seven meters per second, the Nyby-li wind farm is now expected to produce an annual yield of 78 GWh of clean wind-produced electricity.

Taaleritehdas Private Equity Funds wind energy business director Taamir Fareed said, "We are very happy to continue our co-operation with Nordex with a new wind farm installation since Nordex was able to create confidence and good basis for its operations in Finland by outperforming in our first wind farm in Honkajoki."

A second service point will shortly be opened by Nordex in Finland to offer local service for the turbines at Nybi-Ii as well as the Generation Delta turbines to be installed until end of 2013 at the port of Raahe.