RES Americas orders 83 Vestas wind turbines for Minnesota project

AI Summary

 

Renewable Energy Systems Americas Inc. (RES Americas) ordered 83 Vestas wind turbines for a project in Minnesota.

RES Americas purchased 83 V100-2.0 MW turbines totaling 166-MW for the 200-MW Pleasant Valley Wind Project in Minnesota. The initial 34-MW were announced in September 2013 in connection with signing a master supply agreement. The order also includes a three-year Active Output Management 5000 service agreement, which is an energy-based availability guarantee that ensures the turbines are working when the wind is blowing.

Deliveries and commissioning of the Pleasant Valley project are expected to take place in the fourth quarter of 2015. Vestas factories in Colorado are expected to produce the nacelles, blades and towers for the project. When the project is completed, ownership will be transferred from RES Americas to Xcel Energy (NYSE: XEL).

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