Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  NASDAQ OMX COPENHAGEN  >  Vestas Wind Systems A/S    VWS   DK0010268606


News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Vestas Wind : wins 108 MW EPC order in Mexico

share with twitter share with LinkedIn share with facebook
share via e-mail
02/20/2020 | 08:08am EDT

News release from Vestas Mediterranean
Madrid, 20 February 2020

Vestas has secured an engineering, procurement and construction (EPC) order for the 108 MW Energía Sierra Juárez II wind park, to be located in Tecate, Baja California, Mexico. The contract includes the supply, transport, installation and commissioning of 26 V150-4.2 MW of which some are delivered on 4.0 MW operating mode.

The order has been placed by Energía Sierra Juárez, a joint venture between IEnova, a Sempra Energy Company, one of the largest private energy companies in Mexico, and Saavi Energía, the third largest independent energy producer in the country. 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 15 years.

The energy produced by this project will be commercialised through a PPA contract with the utility San Diego Gas & Electric.

"At Energía Sierra Juárez, we are pleased to partner with Vestas on sustainable energy solutions", said Tania Ortiz, IEnova's CEO. "This project reinforces our commitment to develop energy infrastructure that promotes Mexico's growth and development and to continue positioning ourselves as a leading clean energy generation company in the country".

"I would like to thank Energía Sierra Juárez for placing their trust in Vestas again in this second phase of the existing 155 MW wind park. This important project underlines the competitiveness of wind energy in Mexico and our ability to provide the lowest cost of energy to our customers. It also showcases the value of Vestas' local experience and proven ability to deliver site-specific solutions in the country", says Agustín Sánchez-Tembleque, General Manager of Vestas México.

Turbine delivery is expected in the third quarter of 2020 whilst commissioning is planned for the second quarter of 2021.

Vestas pioneered the Mexican wind energy market in 1994, when it erected its first commercial wind turbine. Since then, Vestas has accumulated over 2.4 GW of installed capacity or under construction in the country.
For more information, please contact:
Cristina Tejón Cano
Communications & Marketing
Vestas Mediterranean
M +34 689 64 83 91
Email: crtca@vestas.com    
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 more than 113 GW of wind turbines in 81 countries, we have installed more wind power than anyone else. Through our industry-leading smart data capabilities and more than 96 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 25,000 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 www.vestas.com and following us on our social media channels:

· www.twitter.com/vestas
· www.linkedin.com/company/vestas
· www.facebook.com/vestas 
· www.instagram.com/vestas 
· www.youtube.com/vestas 



(c) 2020 Cision. All rights reserved., source Press Releases - English

share with twitter share with LinkedIn share with facebook
share via e-mail
03/31VESTAS WIND A/S : secures 48 MW order from Italian auction
03/31VESTAS WIND A/S : Macquarie's Green Investment Group places 80 MW order in Norwa..
03/31VESTAS WIND A/S : secures 36 MW auction win in Poland
03/31VESTAS WIND A/S : secures 202 MW order along with a long-term service agreement ..
03/31VESTAS WIND A/S : wins 202 MW order in China
03/31VESTAS WIND A/S : wins 99 MW order with first 20-year service contract in China
03/30VESTAS WIND A/S : wins 109 MW order in France
03/27VESTAS WIND A/S : secures 62 MW order in China
03/27VESTAS WIND A/S : secures fourth intertidal wind project and first 20-year servi..
03/27VESTAS WIND A/S : wins 74 MW order in USA
More news
Financials (EUR)
Sales 2020 14 152 M
EBIT 2020 1 127 M
Net income 2020 832 M
Finance 2020 2 469 M
Yield 2020 1,73%
P/E ratio 2020 17,3x
P/E ratio 2021 16,0x
EV / Sales2020 0,85x
EV / Sales2021 0,85x
Capitalization 14 444 M
Duration : Period :
Vestas Wind Systems A/S Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VESTAS WIND SYSTEMS A/S
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 90,48  €
Last Close Price 73,94  €
Spread / Highest target 50,3%
Spread / Average Target 22,4%
Spread / Lowest Target -17,6%
EPS Revisions
Henrik Andersen President & Group Chief Executive Officer
Anders Erik Runevad Chief Executive Officer
Bert Åke Stefan Nordberg Chairman
Jean-Marc Lechêne Chief Operating Officer & Executive Vice President
Marika Fredriksson Chief Financial Officer & Executive Vice President
Sector and Competitors