Wind Energy

Vestas Enters into Agreements to Supply Wind Turbines and Services to Greengate Power for Canada?s Largest Wind Farm

Vestas-Canadian Wind Technology, Inc. has entered into wind turbine supply and long-term service and maintenance agreements with Greengate Power Corporation (“Greengate”). Under the terms of the agreements, Vestas will supply 166 of its V90-1.8 MW wind turbines for the 300 MW Blackspring Ridge I Wind Power Project (“Blackspring Ridge I”), which is anticipated to be Canada’s largest operating wind energy project once it is complete. Deliveries are expected to begin in 2012.

Today’s announcement confirms a release issued on June 9, 2011, by Greengate, which provides more details about the wind farm. It also follows a statement issued on June 9, 2011, by Vestas Wind Systems A/S, parent company to Vestas-Canadian Wind Technology Inc., which unfortunately incorrectly referenced Vestas’ relationship with Greengate in the form of ongoing negotiations.

The agreement between Vestas and Greengate is currently a conditional order. Once the wind turbines order is firm and unconditional, Vestas will make a separate company announcement.

“We are extremely pleased to provide wind turbines and services for this impressive wind power project,” said Martha Wyrsch, president of Vestas Canadian-Wind Technology, Inc. “Greengate is an outstanding wind energy project developer with a solid reputation, and when it is finished, Blackspring Ridge I will be extremely beneficial for all of Alberta.”

Pursuant to the terms of the long-term service and maintenance agreements, Vestas will also supply 10 years of service and maintenance for Blackspring Ridge I.

www.vestas.com/