EDF Renewable Energy completes wind power agreement with Vestas with wind energy order of 150 MW

Vestas has received a firm and unconditional order in the United States from EDF Renewable Energy for 75 V100-2.0 MW wind turbines.

 

 

With today’s announcement, Vestas and EDF RE close the books on their previous master supply agreement (ref. Vestas Wind Systems A/S’ company announcement No. 52/2013 of 20 December 2013). That agreement represented up to 1,174 MW of capacity, of which orders totalling 1,094 MW have been received, including today’s order for 150 MW.

The order comprises supply and commissioning of the wind turbines, as well as a three-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.

Turbine delivery is scheduled for the third quarter of 2016.

Also today the two companies have initiated a new master agreement defining terms for up to 1 GW of future capacity, which will be installed in coming years.

“In 2013, Vestas and EDF RE signed an ambitious master supply agreement laying out our partnership.  Today’s announcement will be the last under that productive umbrella agreement,” says Chris Brown, President of Vestas’ sales and service division in the United States and Canada. “But we’re not done yet.  EDF RE is one of the most successful renewable energy developers in the North American market, and this new agreement opens the door to our next gigawatt of continued collaboration in 2015 and beyond.”

“Over 1 GW of new wind energy projects have materialized to date under the frame agreement EDF Renewable Energy and Vestas entered into in late 2013, significantly strengthening the partnership between our two companies in the process,” said Ryan Pfaff, Executive Vice President of EDF Renewable Energy.  “With the recent extension of the Production Tax Credit, we look forward to working with Vestas to bring additional, clean energy projects online in the US over the next few years.”

EDF Renewable Energy is a leading U.S. independent power producer with more than 25 years of expertise in the renewable industry, covering all range of services from project development, management to operations and maintenance.  EDF Renewable Energy specializes in wind and solar photovoltaic with presence in other segments of the renewable energy market: biogas, biomass, hydro, marine energy and storage solutions.  The company develops, constructs, operates and manages renewable energy projects throughout the United States for its own accord as well as for third parties.  EDF Renewable Energy’s portfolio consists of 5 gigawatts of developed projects with 2.2 gigawatts of installed capacity. EDF Renewable Energy is the U.S. subsidiary of EDF Energies Nouvelles. EDF Energies Nouvelles is the renewable energy arm of the EDF group, the leading electricity company in the world.