VWS Vestas Wind Systems A/S

Vestas secures 337 MW order in US with 20-year service agreement

Vestas secures 337 MW order in US with 20-year service agreement

News release from Vestas-American Wind Technology

Portland, 30 September 2019

Vestas has received an order for 337 MW of V150-4.2 MW turbines and V136-3.45 turbines delivered in 3.7 MW Power Optimised Mode for a wind project in the U.S. The order takes Vestas’ announced order intake in US this year past 4.4 GW.

The project was originally developed by Roaring Fork Wind, LLC a joint venture between RES (Renewable Energy Systems) and Steelhead Americas, Vestas’ development arm in North America, demonstrating Vestas’ ambitions to be the global leader in sustainable energy solutions and to deliver value at early stages of the development lifecycle.

The order includes supply and commissioning of the turbines as well as a 20-year service agreement, designed to ensure optimised performance for the lifetime of the project. Turbine delivery is planned for the first quarter of 2020 with commissioning scheduled for the third quarter of 2020.

The projects and customer are undisclosed.





For more information, please contact:

Chante Condit-Pottol

Communications Specialist

Tel: +1 (503) 708-6668

Mail:

About Vestas

Vestas is the energy industry’s global partner on sustainable energy solutions. We design, manufacture, install, and service wind turbines across the globe, and with 105 GW of wind turbines in 80 countries, we have installed more wind power than anyone else. Through our industry-leading smart data capabilities and unparalleled 86 GW of wind turbines under service, we use data to interpret, forecast, and exploit wind resources and deliver best-in-class wind power solutions. Together with our customers, Vestas’ more than 24,500 employees are bringing the world sustainable energy solutions to power a bright future.

For updated Vestas photographs and videos, please visit our media images page on:

We invite you to learn more about Vestas by visiting our website at and following us on our social media channels:

Attachment

EN
30/09/2019

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Vestas Wind Systems A/S

Vestas Wind Systems AS: 1 director

A director at Vestas Wind Systems AS sold 142,819 shares at 176.620DKK and the significance rating of the trade was 80/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two year...

Vestas Wind Systems A/S: Update on key credit considerations

Our credit view of this issuer reflects its solid liquidity profile and a conservative financial policy, offset by its logistical challenges.

Vestas Wind Systems A/S: Key facts and statistics - LTM March 2024

A summary company profile, detailing Vestas Wind Systems A/S’ business operations and financial highlights.

Vestas Wind Systems A/S: Update following rating affirmation

Our credit view of this issuer reflects its solid liquidity profile and a conservative financial policy, constrained by its input cost inflation.

Vestas Wind Systems A/S: Gradual improvement of op. performance in Q2 ...

We take comfort from a gradual improvement in Vestas' operating perfomance during Q2 2023 and expect a return to solid profitability during 2024.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch