News release from Vestas-American Wind Technology Portland, 14 November 2014 Page 1 of 2 Vestas receives 200 MW order in Minnesota Odell Wind Farm LLC orders 100 V110-2.0 MW turbines for the Odell project With reference to Vestas Wind Systems A/S’ company announcement No. 43/2014 of 14 November 2014, Vestas has received a firm and unconditional order in the United States for 100 V110-2.0 MW turbines corresponding to 200 MW. The order was placed by Odell Wind Farm LLC, a joint venture between Algonquin Power Co. and a third party. The order comprises supply and commissioning of the wind turbines, as well as a 10-year Active Output Management (AOM 5000) service agreement. AOM 5000 includes an energy-based availability guarantee ensuring that turbines are operational when the wind is blowing. Today’s announcement adds to the relationship between Vestas and Algonquin. Previously, Vestas supplied V82-1.65 MW turbines to the St Leon project in Manitoba and the Red Lily project in Saskatchewan. “We are excited to build yet another successful project with Algonquin, this time using our V110-2.0 MW turbine,” says Chris Brown, President of Vestas’ sales and service division in the United States and Canada. “With today’s order, we have announced almost 1,500 MW of orders in the US and Canada for the V110 machine, which has rapidly become our flagship in the North American market, and the industry standard for providing reliable energy at a competitive cost over its full operating life.” In 2014 to date, Vestas has received orders representing approximately 2.0 GW in the USA. Since the beginning of 2013, Vestas has also entered into master supply agreements with various customers in that market totalling approximately 3.3 GW, under which approximately 2.3 GW of capacity has been utilized. About Vestas Every single day, Vestas wind turbines deliver clean energy that supports the global fight against climate change. Wind power from Vestas’ more than 52,700 wind turbines currently reduces carbon emissions by over 60 million tons of CO2 every year, while at the same time building energy security and independence. Vestas has delivered wind energy in 73 countries, providing jobs for around 19,300 passionate people at our service and project sites, research facilities, factories and offices all over the world. With 52 per cent more megawatts installed than our closest competitor and more than 64 GW of cumulative installed capacity worldwide, Vestas is the world leader in wind energy. Vestas Americas 1417 NE Everett Street, Portland, OR 97209, USA Tel: +1 503 327 2000, Fax: +1 503 327 2001, [email protected], www.vestas.com Company Reg. Name: Vestas - American Wind Technology, Inc., Communication name: Vestas Americas Portland, 14 November 2014 Page 2 of 2 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 https://plus.google.com/+vestas For more information, please contact: Michael Zarin, Head of External Communications & Media Relations Tel: +45 4084 1526 Email: [email protected] Vestas Americas 1417 NE Everett Street, Portland, OR 97209, USA Tel: +1 503 327 2000, Fax: +1 503 327 2001, [email protected], www.vestas.com Company Reg. Name: Vestas - American Wind Technology, Inc., Communication name: Vestas Americas
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