Vestas nets first big deal of 2015

149 V100-2.0 MW turbines ordered

Jan 22, 2015

The Danish wind turbine giant Vestas has secured its biggest deal of 2015 so far after signing a supply agreement with the private equity investment firm First Reserve for the 298-MW Kingfisher project in the US.

The deal includes First Reserve ordering 149 V100-2.0 MW turbines for the Oklahoma project, which is expected to be one of the largest single-phase wind projects in the state.

Done this year
“We are excited to secure our first agreement with First Reserve for the Kingfisher project,” Chris Brown, the president of Vestas’ sales and service division in the US and Canada, said in a press release.

“Driven by high reliability and the steadily decreasing cost of energy, wind offers an attractive investment opportunity. The participation by a diversified energy investor such as First Reserve is a sign that our industry is mature and evolving.”

The Kingfisher Wind project is scheduled to be completed sometime in 2015.

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