Vestas Wind Systems said late Wednesday it has
received a 570MW order for 190 V90-3.0 MW turbines for Terra-Gen's
Alta
Wind
Energy
Center
near
Tehachapi
,
California
,
U.S.A.
MAIN FACTS:
-The
order has been placed by subsidiaries of Alta Wind Holdings, LLC, a
wholly-owned subsidiary of Terra-Gen Power, LLC.
-Terra-Gen's V90-3.0 MW purchase is Vestas' largest order for a single site.
-The Alta project also sets several important benchmarks:
-It will be one of the largest wind power plants in the
U.S.A.
-Together the bank financing, bond issue and the sale leaseback financing of
the Alta project is the largest financing of a North American wind-energy
project and the first wind-energy leveraged lease to be placed in the debt
capital markets.
-The contract includes delivery and commissioning as well as a five-year
service and maintenance agreement.
-Delivery is scheduled for late 2010.
-The first 50 turbines will be commissioned by the end of 2010 and the
remaining ones will be online in the first half of 2011.
-Vestas' manufacturing operations in
Colorado
,
U.S.A, will produce wind components for this order.
-All blades for the Alta project will be produced at Vestas' blades factory in
Windsor
,
Colorado
. And
a majority of the towers will be manufactured at Vestas' new tower factory in
Pueblo
,
Colorado
.
-The
Alta
Wind
Energy
Center
is
supported by a 1,550 MW power purchase agreement with Southern California
Edison to sell renewable energy.
-This order marks Vestas' eighth North American deal announced in 2010,
totaling 1,336 MW this year among four turbine types.
-The
above order does not affect Vestas' expectations for 2010.