Vestas lands its largest ever order in the US  

2005.12.21
Denmark's Vestas Wind Systems has gained its largest ever order in the US to supply 600 MW of V82-1.65 and V80-1.8 MW wind turbines for delivery over the next three years, with an option for an additional 200 MW

Denmark's Vestas Wind Systems, the world's largest wind turbine manufacturer, has gained its biggest ever order in the US to supply 600 MW of V82-1.65 and V80-1.8 MW wind turbines for delivery over the next three years, with an option for an additional 200 MW. Analysts at Handelsbanken estimate the order to have a value close to DKK 5 bn (USD 800 m). The order has been placed by Horizon Wind Energy, a subsidiary of Goldman Sachs Group. Horizon Wind Energy has been a Vestas customer for several years.

Alec Dreyer, CEO of Horizon Wind Energy comments: “We are delighted to continue our long-standing relationship with Vestas. The Vestas turbines we have purchased in the past have achieved impressive results regarding uptime and production levels. Horizon looks forward to working closely with Vestas over the next three years so that we can help our customers satisfy the increasing demand for clean, cost-effective renewable electricity”.

Vestas will supply and commission the wind turbines. The order also includes a five year maintenance and service agreement. Shipment of the turbines will start in June 2006 and continue until late 2008. All turbines are planned to be commissioned before the end of 2008. The news was reported broadly in the Danish press and on the Vestas website.

Vestas Wind Systems has installed more than 26,000 wind turbines in more than 50 countries worldwide. The company employs 9,600 people and has production facilities in Denmark, Germany, India, Italy, UK, Spain, Sweden, Norway and Australia. In 2004, Vestas Wind Systems generated revenues of DKK 19.1 bn (USD 3.3 bn). The news was reported by financial daily newspaper Børsen and on Vestas' website.

Link > Vestas Wind Systems 

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