Vestas receives 400 MW turbine order for wind-energy projects in

Vestas receives 400 MW turbine order for wind-energy projects in

News release from Vestas-American Wind Technology Portland, 26 September 2013 Page 1 of 2 Vestas receives 400 MW turbine order for wind-energy project...

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News release from Vestas-American Wind Technology Portland, 26 September 2013 Page 1 of 2 Vestas receives 400 MW turbine order for wind-energy projects in Texas, USA Vestas lands largest order globally in three years with 200 V110-2.0 MW With reference to the Vestas Wind Systems A/S company announcement No. 40 of 26 September 2013, Vestas has received a 400 MW order from Duke Energy Renewables for two wind-energy projects in Texas. The projects – Los Vientos III and Los Vientos IV – will include 200 V110-2.0 MW turbines combined that will be installed in southern Texas. Deliveries for Los Vientos III and IV are scheduled to begin in the first half of next year with commissioning expected in 2015 and 2016. It is Vestas’ largest turbine order globally since 2010. “Continuing our partnership with Duke Energy, one of the largest utilities in the United States, is really important to Vestas,” said Chris Brown, President of Vestas’ sales and service division in the United States and Canada. “We won this deal in a very competitive process and thank Duke for its faith in Vestas to deliver high quality services and products such as our new V110-2.0 MW turbine. These turbines will be able to power nearly 120,000 Texas households with clean, reliable electricity for decades. This order also will keep our U.S. factories busy and create jobs for Vestas service technicians who ensure the turbines are producing the maximum amount of power.” The V110-2.0 MW turbine is a variant of the V100-1.8 MW that can provide over 13 per cent higher annual energy production compared with its predecessor. Vestas’ factories in Colorado will manufacture blades, nacelles and towers for these projects. Once Los Vientos IV is finished, it will be the 10th major wind-energy project in Texas to use Vestas turbines. “We’re pleased to again be working with Vestas on projects that will bring affordable, renewable energy to Texas,” said Duke Energy Renewables President Greg Wolf. “It’s a good partnership, first forged in 2009 when Vestas supplied 55 turbines for our Notrees Windpower Project in west Texas. We’re confident that Los Vientos III and IV will deliver excellent performance and reliably serve customers in south Texas for years to come.” The projects include three-year service agreements featuring the Active Output Management (AOM) 5000 offering. AOM 5000 is an energy-based availability guarantee that ensures the turbines are operational when the wind is blowing. This service option includes the VestasOnline® surveillance system that remotely controls and monitors the turbines and predicts potential wear-and-tear issues. This allows Vestas to plan maintenance so the turbines operate with the minimum amount of lost production. Overall, Vestas has secured 870 MW of orders in the United States and Canada in 2013 among four turbine types. Duke Energy Renewables, part of Duke Energy’s Commercial Businesses, is a leader in developing innovative wind and solar energy generation projects for customers throughout the United States. The company’s growing portfolio of commercial renewable assets includes 15 wind farms and 17 solar

Vestas-American Wind Technology

1417 NW Everett Street, Portland, OR 97209, USA Tel: +1 503 327 2000, Fax: +1 503 327 2001, [email protected], www.vestas.com

Portland, 26 September 2013 Page 2 of 2 farms in operation in 12 states, totaling more than 1,700 megawatts in electric-generating capacity. Headquartered in Charlotte, N.C., Duke Energy is a Fortune 250 company traded on the New York Stock Exchange under the symbol DUK. About Vestas Since 1979, Vestas has supplied about 50,000 wind turbines and over 57 GW in 73 countries – 62 per cent more than its closest competitor. Vestas entered the U.S. market in 1981, selling its first wind turbine for a project in California. Since then, the company has delivered 12,396 turbines to the United States and 1,419 to Canada. Combined, Vestas’ installed capacity is 13,387 MW in 28 U.S. states and every Canadian province – enough to power about four million households. Vestas employs about 2,500 people throughout the United States and Canada at four manufacturing facilities in Colorado, service and construction sites, and sales offices. Vestas’ U.S. and Canadian sales and service headquarters is in Portland, Ore., and its global headquarters is in Aarhus, Denmark. To learn more, visit www.vestas.com. Media contact: Andrew Longeteig, Vestas, North America Tel.: +1 503 327 7479 / Email: [email protected] Michael Zarin, Vestas Wind Systems A/S, Denmark GMCR, Int. Media Relations Tel.: +45 4084 1526 / Email: [email protected]

Vestas-American Wind Technology

1417 NW Everett Street, Portland, OR 97209, USA Tel: +1 503 327 2000, Fax: +1 503 327 2001, [email protected], www.vestas.com