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Vestas (CPH: VWS) Lands Two European Wind Deals

Delivering Turbines to teh U.K., Poland

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By Swagato Chakravorty
Wednesday, October 3rd, 2012

Vestas Wind Systems A/S (CPH: VWS), the Denmark-based company that’s currently the world’s biggest wind turbine maker, has landed two separate projects.

The company announced Tuesday that it has won a 68-megawatt order from a wind farm in the eastern part of England, owned by SSE Plc (LON: SSE).

The Keadby farm in Lincolnshire has placed orders for 34 V90 2MW turbines, with installation due to begin next summer and expected completion time about a year thereafter. It will form the largest onshore wind farm in England, powering up to 47,000 homes.

In Poland, Aldesa Nowa Energia has also contracted Vestas to deliver 20 V90 2MW turbines for a wind farm in the Pomerian province.

Delivery is set to begin around the middle of 2013. The total project will be around 40 megawatts, and it should begin operations by the third quarter next year. Vestas will not only supply and install the turbines, but it will also hold a 3-year service and maintenance agreement.

The company closed down 5.16% on Wednesday.

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