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Key Developments: Vestas Wind Systems A/S (VWDRY.PK)

VWDRY.PK on OTC Markets Group

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27 May 2016
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Latest Key Developments (Source: Significant Developments)

Vestas extends maturity on revolving credit facility
Wednesday, 18 May 2016 09:27am EDT 

Vestas Wind Systems A/S : Says has a 1.05 billion euro ($1.18 billion) revolving credit and bonding facility from a group of seven banks .Says has exercised the first option and obtained consent from all lenders to extend the final maturity of the facility to June 3 2021.  Full Article

Vestas Wind Systems A/S gets 178 mw order in Kansas
Wednesday, 4 May 2016 07:29am EDT 

Vestas Wind Systems A/S:Capital Power Corporation has placed a firm and unconditional order for 54 V117-3.3 MW turbines, to be deployed at the 178 MW Bloom Wind Project in Kansas.Order includes a five-year service agreement.Manufacturing and shipment is mainly expected to occur in 2016.Commissioning is scheduled for the first and second quarter of 2017.  Full Article

Vestas Wind Systems and MHI to remain 50/50 partners in joint venture
Thursday, 28 Apr 2016 02:30am EDT 

Vestas Wind Systems A/S:Says has been notified that Mitsubishi Heavy Industries 7011.T (MHI) will not exercise option to change ownership ratio of joint venture MHI Vestas Offshore Wind A/S.Says equity ownership ratios in MHI Vestas Offshore Wind A/S will consequently remain at 50 percent for each of MHI and Vestas.  Full Article

Vestas gets 76 MW order in Sweden
Wednesday, 27 Apr 2016 08:00pm EDT 

Vestas Wind Systems A/S:Says Sweden's Fortum Generation AB has placed a firm and unconditional order for 22 Vestas V126-3.45 MW turbines.Says order is for the Solberg wind power plant in Västernorrland, northern Sweden.Says order includes de-icing System, supply, installation, and commissioning of the turbines and a five-year service agreement.Says turbine delivery is expected to begin in Q3 2017.Says commissioning is expected to start in Q4 2017.  Full Article

Vestas Wind Systems confirms conditional 600 MW order in USA
Wednesday, 13 Apr 2016 01:00am EDT 

Vestas Wind Systems A/S:Says there is information in market regarding Vestas and a 600 megawatt project in USA.Says can confirm that it has entered into a conditional agreement to supply wind turbines for a 600 megawatt project in USA.Says if and when project translates into a firm and unconditional order Vestas' definition, it will disclose a company announcement about this.  Full Article

Vestas Wind Systems gets 172 MW order in Brazil
Monday, 4 Apr 2016 09:20am EDT 

Vestas Wind Systems A/S:Gets 172 megawatt (MW) order in Brazil.Says will supply 86 units of V110-2.0 MW turbines for projects totalling 172 MW located in the state of Bahía in northeastern Brazil.Turbine delivery is planned for the second quarter of 2017, whilst commissioning is expected in the fourth quarter of 2017.  Full Article

Vestas Wind Systems A/S gets 200 MW order in the U.S, 27 MW order in Spain
Thursday, 31 Mar 2016 05:37pm EDT 

Vestas Wind Systems A/S:Says receives 200 megawatt order in the United States.Says customer and project name are undisclosed at customer's request.Says to deliver 100 of its V110 2.0 MW turbines.Says delivery of the wind turbines is expected to begin in Q4 2016.Commissioning in Q1 2017.Says in separate announcement has received 27 MW order for project in Burgos in northern Spain.  Full Article

Vestas Wind Systems A/S gets 600 MW service contract in China
Thursday, 31 Mar 2016 03:40am EDT 

Vestas Wind Systems A/S:Says wins large-scale customised service order in China.Says 600 MW firm and unconditional service contract is a solution covering all Vestas wind turbines installed for long-term customer Hanas Group.Says order covers all 12 Hanas Group wind power plants in yanchi county of northwestern China's Ningxia Hui Autonomous region.Says order comprises a one-year Active Output Management service agreement and a four-year Portfolio Support agreement.  Full Article

Vestas Wind Systems A/S gets 48 MW order in China
Wednesday, 30 Mar 2016 08:00pm EDT 

Vestas Wind Systems A/S:Says gets 48 megawatt order in China.Says order comprising 24 units of the V110-2.0 MW turbine, the order brings Datang's fleet of Vestas turbines to more than 900 MW.Says the order includes two-year service contract.Says delivery and commissioning of the turbines are expected in H2 2016.  Full Article

Vestas Wind Systems gets 31 MW order in the UK
Friday, 18 Mar 2016 09:20am EDT 

Vestas Wind Systems A/S:Has received a 31 MW order for the Beck Burn wind project in northwest England.Says order is for the V105-3.45 megawatt turbine.Order includes supply, installation, and commissioning of the wind turbines as well as a service agreement.Delivery of wind turbines is expected to begin in the fourth quarter of 2016.  Full Article

Shell participates in bid for Dutch offshore wind farm

AMSTERDAM, May 12 Royal Dutch Shell is participating in a consortium bidding in a Dutch government tender to build two 350 megawatt wind farms off the Netherlands' southern coast.