Vestas Wins 150-Megawatt Order From First Wind in U.S.

Vestas Wind Systems A/S (VWS) won a 150-megawatt order from First Wind Holdings Inc. in Texas, pushing its intake of U.S. deals to 1,260 megawatts in the final four months of the year.

The order for First Wind’s Route 66 wind farm is part of a wider agreement that may result in deals for a further 568 megawatts of turbines, Aarhus, Denmark-based Vestas said late yesterday in an e-mailed statement.

It’s the third U.S. order announced by Vestas in the past week and the sixth since the beginning of September, reflecting an increase in demand as American developers race to take advantage of a tax credit that expires at the end of the year.

Vestas is adding workers at three Colorado manufacturing sites: a blade plant in Windsor as well as blade and nacelle factories in Brighton, the company said. It expects to add “hundreds” of production workers in the first half of 2014.

Vestas shares rose yesterday for a fourth day in Copenhagen trading, their longest winning streak since September. The market is closed today.

The latest deal, for 75 of the company’s V110 2-megawatt machines, includes a 10-year service agreement. Vestas expects to deliver the first turbines in early 2015, with the wind farm commissioned in the middle of that year, the company said.

Vestas also said yesterday it won a 117-megawatt order from Jordan Wind Project Co. for a wind plant 180 kilometers (112 miles) south of the Jordanian capital, Amman. Jordan Wind was set up by InfraMed Infrastructure, Masdar and EP Global Energy. Its project, named Al Tafila, is Jordan’s first utility-scale wind farm.

To contact the reporter on this story: Alex Morales in London at amorales2@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.