Vestas receives 214 MW order in the United States

With reference to Vestas Wind Systems A/S’ company announcement No. 22/2016 of 17 June 2016, Vestas has received a firm and unconditional order from MidAmerican Energy Company (MidAmerican), a subsidiary of Berkshire Hathaway Energy, for 214 MW of Production Tax Credit (PTC) qualifying V110-2.0 MW turbine components.

The order is part of MidAmerican’s recently approved 2,000 MW Wind XI project in Iowa.

“Wind energy helps us keep prices stable and more affordable for customers. It provides jobs for Iowans and other economic benefits for our customers, communities and the state. Wind energy also contributes to a cleaner environment for everyone,” said Bill Fehrman, president and CEO, MidAmerican Energy. “We are proud to expand wind generation in Iowa. And, our customers appreciate that we’re doing it without asking for an increase in rates to pay for it.”

“With this order, MidAmerican positions itself to secure the full value of the PTC for the Wind XI project, and takes the next step in delivering low-cost, domestic wind energy to its customers. As the only state to generate more than 30 percent of its energy from wind, Iowa leads the country in delivering wind energy’s economic and environmental benefits to its communities, and it’s an honor to be a part of the largest wind project in the state’s history.” said Chris Brown, President of Vestas’ sales and service division in the United States and Canada.

Potential future order intake under the agreement is expected to occur as partial deliveries under the master agreement and will be announced firm and unconditional consistent with Vestas’ order announcement policy.