news

Please send us news about clean-technology companies, trends, and industry events. All materials are subject to editorial review. E-mail us at editor@cleanedge.com.

 
 

indexes

Clean Edge Stock Indexes: Tracking the Performance of U.S.-Traded Clean-Energy and Global Wind and Smart Grid Infrastructure Companies.

Subscribe to Clean Edge RSS
Search News:
[icon: Print]Print Bookmark and Share

Previous Story | Next Story

Vestas Receives 570 MW Order for California Wind Farm

July 22, 2010
Source: Clean Edge News

Vestas received a 570 MW order for 190 V90-3.0 MW turbines for Terra-Gen's Alta Wind Energy Center near Tehachapi, California, USA. 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. According to the company, 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 entire Vestas team looks forward to helping Terra-Gen bring this exceptional project to reality. When completed, it will be the largest wind farm we will have supplied turbines to in our 31-year history as well as the biggest in California," says Martha Wyrsch, President of Vestas Americas.

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 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.

Terra-Gen Power, LLC, an affiliate of ArcLight Capital Partners and Global Infrastructure Partners, has more than 830 MW of generating capacity in operation and 720 MW of generating capacity under construction. Terra-Gen has 21 renewable-energy facilities operating in six states, and more than 5,000 MW of renewable energy capacity under development.

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.