Nordex Jumps on South African Wind Farm Order: Frankfurt Mover
Nordex rose as much as 6.5 percent, the steepest intraday gain since Nov. 13, after it said in a statement it will install 32 of its 2.5-megawatt machines at the Red Cap Kouga project.
Nordex will provide road access, lay cables and erect a transformer station from April, the Hamburg-based company said. The plant, to be operated by Red Cap Kouga Wind Farm Pty, will begin producing power in 2014, Nordex said, without valuing the order.
The shares were 3.4 percent higher at 3.079 euros as of 1:01 p.m. local time.
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