Vestas receives order in the USA for 125 MW

Vestas has received a US order for 76 units of V82-1.65 MW wind turbines from Portland General Electric for the Biglow Canyon Phase I project in the state of Oregon. The Biglow Canyon project was developed by Orion Energy LLC and will be built, owned and operated by Portland General Electric.

The turbines for the project will be delivered during 2007 and Vestas will supply and commission the wind turbines. The order also includes a four-year service and maintenance agreement.

Portland General Electric, headquartered in Portland, Oregon, is a fully integrated electric utility that serves 791,000 residential, commercial and industrial customers in Oregon. As Oregon’s largest utility, Portland General Electric has more than a century of experience in power delivery, and generates electrical power from a diverse mix of resources, including hydropower, coal and natural gas.

“Vestas is encouraged by the continuing growth of wind power in the US Pacific Northwest, and the order with Portland General Electric is a further strengthening of Vestas’ activities in the region. We are pleased to be the supplier to Portland General Electric for this wind power project and we look forward to a long-term cooperation with this important customer,” says Jens Søby, President of Vestas Americas A/S.

Portland General Electric currently purchases the entire output of two other wind power plants in Oregon, and this will be the first wind power project that the company will build, own and operate itself.

“We are very pleased to be working with Vestas on this project,” says Jim Lobdell, Portland General Electric’s Vice President of Power Operations and Resource Strategy. “Wind power will be an increasingly important part of our portfolio in the coming years, and Biglow Canyon Phase I will be a model for future developments. Vestas has an outstanding record of success and will help us assure that we are off to a good start.”

The above order does not affect the Vestas Group’s expectations for 2006 and 2007 cf. Stock exchange announcement No 49/2006 of 22 November 2006.

Any questions may be addressed to Jens Søby, President of Vestas Americas A/S (Oregon), telephone +1 503 830 5000 or to Peter Kruse, Vice President of Communication & IR at Vestas Wind Systems A/S, telephone +45 9730 0000.

Yours sincerely

Vestas Wind Systems A/S
Ditlev Engel, President and CEO