VWS Vestas Wind Systems A/S

Vestas wins 168 MW order in Mexico

Vestas wins 168 MW order in Mexico

News release from Vestas Mediterranean

Madrid, 26 September 2019

Vestas has secured a 168 MW order for a wind park in Mexico. The order derives from a corporate power purchase agreement (PPA) and includes the supply and installation of 42 wind turbines of the 4 MW platform with V150 rotors. The order also includes an Active Output Management 5000 (AOM 5000) service agreement for the operation and maintenance of the wind park over the next five years.

The 73-metre long blades of the Vestas 150m rotors will be locally manufactured in the TPI Composites factory in Matamoros, which provides Vestas with blades for the increasing number of V136 and V150 orders that the company is receiving in Mexico and Latin America. The turbine towers will also be produced by local suppliers.

“This order showcases how Vestas’ technology can meet the increasing demand of private Mexican companies for clean, reliable and competitive energy”, says Agustín Sánchez-Tembleque, General Manager of Vestas México.

Vestas pioneered the Mexican wind energy market when it installed the first commercial wind turbine in 1994. Since then, Vestas has accumulated over 2,3 GW of installed capacity or under construction in the country.  

For more information, please contact:

Andrés Domínguez

Communications Consultant

Vestas Mediterranean

Tel.:

Email:

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.

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

Attachment

EN
26/09/2019

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