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

VESTAS WIND SYSTEMS

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

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09/30/2019 | 04:46pm EST

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: CHCPO@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 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:
https://www.vestas.com/en/media/images

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

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Sales 2019 11 687 M
EBIT 2019 985 M
Net income 2019 728 M
Finance 2019 2 750 M
Yield 2019 1,53%
P/E ratio 2019 19,8x
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