Vestas Climbs as Turbine Maker Wins Australian Wind Farm Order
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Vestas Wind Systems A/S, the biggest wind-turbine maker, rose the most in three weeks in Copenhagen trading after winning a supply order for the largest wind power project in Australia.
Vestas climbed as much 5.1 percent, the biggest intra-day gain since July 22, after saying it will supply 140 turbines of its new V112-3.0 megawatt model to the Macarthur Wind Farm near Victoria town of Hawkesdale in 2011-2013. The park will be developed by AGL Energy Ltd. and Meridian Energy Ltd., Randers, Denmark-based Vestas said today in a statement.