Further Wind Turbine Order

15 August 2007

Windflow Technology Secures Further Wind Turbine Order

Windflow Technology has received confirmation of an order for 14 Windflow 500 turbines from the Te Rere Hau Wind Farm Joint Venture (between NZ Windfarms Limited, NP Power Pty Limited and Babcock & Brown Windpower Pty Limited). The order represents Batch 2B in the development plan for the Te Rere Hau wind farm and follows the order placed early this year for Batch 2A (14 turbines) which is currently in manufacture. This latest order from the Te Rere Hau Wind Farm Joint Venture is worth in excess of $10 million in revenue to Windflow Technology. Installation of the Batch 2B turbines is scheduled to be complete by September 2008.

In total 33 wind turbines have been ordered from Windflow Technology by the joint venture. Five of the Windflow 500 wind turbines have already been installed. The Te Rere Hau wind farm has resource consent for 97 wind turbines (48.5 MW) and is due to be completed by early 2009.

The Windflow 500 turbine is designed by a team of professional engineers led by Windflow Technology director and CEO Geoff Henderson. It includes patented, world-first technology that brings competitive advantages and cost efficiency in comparison to other models of wind turbine available.

More than 90% of the components of the Windflow 500 turbines are sourced from New Zealand owned and operated manufacturing companies and provide significant work for New Zealanders throughout the country.

ENDS

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