Nordex Stock Rises Sharply After Major Order From Peru
Hamburg, Germany - Wind turbine manufacturer Nordex is continuing its series of orders with a major contract from Peru. The RENIXX Group will supply 30 N155/5.X wind turbines for a 177 MW wind farm in the Ica region in southwestern Peru for an unnamed customer.
Peru has considerable wind energy potential thanks to its geographical position. Mainly in the regions close to the coast between the Andes and the Pacific, the average wind speeds reach 7.5 m/s and more at an altitude of 80 metres.
With a gain of 6.2 percent to a price of EUR 16.51, Nordex stock is now leading the RENIXX index in yesterday's trading (Nov. 25, 2021, closing price, Stuttgart Stock Exchange). By yesterday evening, the RENIXX company's stock had thus gained 10 percent in the current week. In early trading today, profit-taking weighed on the stock. Nordex is currently trading down 3.9 percent at EUR 15.86 (11/26/2021, 08:20 a.m., Stuttgart Stock Exchange).
Source: IWR Online, 26 Nov 2021