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Ferrostaal GmbH
Corporate Communications
Hohenzollernstr. 24
45128 Essen
Contact
Clemens Pawlak
Tel.: +49. 201. 818-26 66
Fax: +49. 201. 818-35 25
Mobil: +49. 160. 9061 5668
clemens.pawlak@ferrostaal.com
www.ferrostaal.com
Essen, 17. March 2015
Press information
Ferrostaal GmbH
Ferrostaal develops largest wind farm project in Mongolia
Early works for construction of “Sainshand” wind park
due to start in April
Essen, 17 March 2015 – Ferrostaal Industrial Projects GmbH,
Germany, project developer and majority shareholder of the wind
farm “Sainshand” in Mongolia, has set the stage for the construction
of the wind park beginning with early works due to start in April.
With an annual output of around 190 GWh, Sainshand will be the
largest wind farm in Mongolia. The wind park is intended to be
connected to the grid by the end of 2016.
Ferrostaal Industrial Projects has signed both a bankable Power
Purchase Agreement with the state-owned energy supplier, the
National Power Transmission Grid Company (NPTG) as well as
EPC term sheets for the construction of the wind park. The one-
year wind measurements have also been completed with great
results of wind speeds over 7.4 m/s confirming the outstanding
conditions for wind energy in Mongolia.
The anticipated investment volume for “Sainshand” wind park is
approximately 115 million US dollars. The investment will be project
financed by leading international development banks. The financial
close of the project arranged by Ferrostaal Capital GmbH is
expected within the next months.
As project developer, Ferrostaal Industrial Projects acquired the
majority share in the wind farm project in February 2014.
The major progress in the development of the wind park
“Sainshand” has been reached in conjunction with Mongolian
partners and Ferrostaal Mongolia.
Further information at: www.ferrostaal-ip.com
About Ferrostaal Industrial Projects GmbH
Ferrostaal Industrial Projects is an international project developer and EPC service
provider for the realisation of industrial plants in the petrochemical and wind energy
sectors as well as other selected project opportunities. The company additionally
untertakes the planning, delivery, installation and maintenance of lighting solutions
for sport and logistics. Ferrostaal Industrial Projects is a member of the Ferrostaal
Group, a global technology-independent, manufacturer-independent and supplier-
independent industrial services provider. Some 3,600 employees combine decades
of industrial expertise with financing competence on behalf of the customers.
Ferrostaal has own companies in around 40 countries. For further information:
www.ferrostaal-ip.com
- 2 -
About Ferrostaal Capital GmbH
Ferrostaal Capital is an infrastructure and energy asset manager, offering investors
long term assets in the infrastructure sector delivering sustainable and stable cash
flows. Ferrostaal Capital was founded in 2012 as a joint venture of Ferrostaal
GmbH and the Germany-based Asset and investment manager MPC Capital AG.
For further information: Ms Olivia Bernard or Mr Stefan Viering, info@ferrostaal-
capital.com or www.ferrostaal-capital.com.

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Early works for construction of 'Sainshand' wind park due to start in April

  • 1. Ferrostaal GmbH Corporate Communications Hohenzollernstr. 24 45128 Essen Contact Clemens Pawlak Tel.: +49. 201. 818-26 66 Fax: +49. 201. 818-35 25 Mobil: +49. 160. 9061 5668 clemens.pawlak@ferrostaal.com www.ferrostaal.com Essen, 17. March 2015 Press information Ferrostaal GmbH Ferrostaal develops largest wind farm project in Mongolia Early works for construction of “Sainshand” wind park due to start in April Essen, 17 March 2015 – Ferrostaal Industrial Projects GmbH, Germany, project developer and majority shareholder of the wind farm “Sainshand” in Mongolia, has set the stage for the construction of the wind park beginning with early works due to start in April. With an annual output of around 190 GWh, Sainshand will be the largest wind farm in Mongolia. The wind park is intended to be connected to the grid by the end of 2016. Ferrostaal Industrial Projects has signed both a bankable Power Purchase Agreement with the state-owned energy supplier, the National Power Transmission Grid Company (NPTG) as well as EPC term sheets for the construction of the wind park. The one- year wind measurements have also been completed with great results of wind speeds over 7.4 m/s confirming the outstanding conditions for wind energy in Mongolia. The anticipated investment volume for “Sainshand” wind park is approximately 115 million US dollars. The investment will be project financed by leading international development banks. The financial close of the project arranged by Ferrostaal Capital GmbH is expected within the next months. As project developer, Ferrostaal Industrial Projects acquired the majority share in the wind farm project in February 2014. The major progress in the development of the wind park “Sainshand” has been reached in conjunction with Mongolian partners and Ferrostaal Mongolia. Further information at: www.ferrostaal-ip.com About Ferrostaal Industrial Projects GmbH Ferrostaal Industrial Projects is an international project developer and EPC service provider for the realisation of industrial plants in the petrochemical and wind energy sectors as well as other selected project opportunities. The company additionally untertakes the planning, delivery, installation and maintenance of lighting solutions for sport and logistics. Ferrostaal Industrial Projects is a member of the Ferrostaal Group, a global technology-independent, manufacturer-independent and supplier- independent industrial services provider. Some 3,600 employees combine decades of industrial expertise with financing competence on behalf of the customers. Ferrostaal has own companies in around 40 countries. For further information: www.ferrostaal-ip.com
  • 2. - 2 - About Ferrostaal Capital GmbH Ferrostaal Capital is an infrastructure and energy asset manager, offering investors long term assets in the infrastructure sector delivering sustainable and stable cash flows. Ferrostaal Capital was founded in 2012 as a joint venture of Ferrostaal GmbH and the Germany-based Asset and investment manager MPC Capital AG. For further information: Ms Olivia Bernard or Mr Stefan Viering, info@ferrostaal- capital.com or www.ferrostaal-capital.com.