Key Developments: Vestas Wind Systems A/S (VWS.CO)

VWS.CO on Copenhagen Stock Exchange

303.10DKK
30 Apr 2015
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Latest Key Developments (Source: Significant Developments)

Vestas gets 78 MW order in United States
Tuesday, 28 Apr 2015 08:00pm EDT 

Vestas Wind Systems A/S:Has received a 78 megawatt turbine order for a wind project in the United States.The order is for 39 units of the V110-2.0 MW turbine for the Black Oak project in Minnesota.Delivery is expected to take place in Q2 2016, with commissioning expected in Q4 2016.  Full Article

Mitsubishi Heavy Industries sets up joint venture with Vestas Wind Systems A/S
Thursday, 23 Apr 2015 01:00am EDT 

Mitsubishi Heavy Industries Ltd:Completed to establish joint venture named MHI Vestas Offshore Wind A/S with Vestas Wind Systems A/S on April 1, with MHI Holding Denmark ApS and Vestas Wind Systems holding 50 pct respectively.The joint venture capitalized at 14 million euros, engaged in development, designing, manufacturing and provision of after service for sea windmills.  Full Article

Vestas secures 53 MW turbine order in Finland
Monday, 30 Mar 2015 08:00pm EDT 

Vestas Wind Systems A/S:Secures 53 MW turbine order in Finland.The order for the Ilmajoki Santavuori project is for 16 V126-3.3 MW turbines and includes delivery, installation and commissioning of the turbines as well as a six-year Active Output Management (AOM) 5000 service agreement.Delivery of turbines is expected to take place in Q1 2016.The project is expected to be completed in Q3 2016.No financial details.  Full Article

Vestas receives 122 MW order in Sweden
Friday, 20 Mar 2015 08:20am EDT 

Vestas Wind Systems A/S:Has received a 122 megawatt turbine order for a wind project in Sweden.The order was for 37 units of the V117-3.3 MW turbine for the Sorby Wind Farm project in Ljusdal.  Full Article

Vestas receives 48 MW order in China-Reuters
Thursday, 19 Mar 2015 06:40am EDT 

Vestas Wind Systems A/S:Has received a 48 megawatt turbine order for a wind project in China-Reuters.The order was for 24 units of the V100-2.0 MW turbine for the CGN Fujian Anxi Longmen Wind Farm project in the Fujian province in China.Contract includes a two-year service agreement and delivery of the first turbines is expected to start in Q3 2015.In general, wind turbine orders give Vestas revenue of around 0.86 million euros per megawatt on average.  Full Article

Vestas receives 180 MW order in Brazil
Monday, 9 Mar 2015 08:00pm EDT 

Vestas Wind Systems A/S:Has received a firm and unconditional order of 180 MW in Brazil.Customer name remains undisclosed at the customer’s request.Delivery of the wind turbines is planned for Q2 2016, while commissioning is expected in the periods thereafter.  Full Article

Vestas places 7-year EUR 500 mln Eurobond-Reuters
Wednesday, 4 Mar 2015 11:43am EST 

Vestas Wind Systems A/S:Has successfully placed a seven-year 500 million euro Eurobond with a coupon of 2.75 percent-Reuters.Signaled last month it was looking issue a bond that would replace a 600 million euro bond maturing on March 23.  Full Article

Vestas Wind Systems A/S gets 33 MW order in Sweden
Thursday, 19 Feb 2015 05:45am EST 

Vestas Wind Systems A/S:Has received a 33 megawatt turbine order for a wind project in Sweden.The order is for 10 units of the V126-3.3 MW turbine for the Maevaara 2 Wind Farm project in Sweden.Contract includes delivery, installation and commissioning of the wind turbines, as well as a 15 year service agreement.Installation of the first turbine was expected to start in the second quarter of 2016 and the project is due to be completed by third quarter of 2016.  Full Article

Vestas Wind Systems proposes FY 2014 dividend of DKK 3.9/share
Wednesday, 11 Feb 2015 02:31am EST 

Vestas Wind Systems A/S:Recommends a dividend of 3.90 Danish crowns per share, equivalent to 29.5 percent of the net profit for the year, to be paid for FY 2014.Paid no dividend for FY 2013.  Full Article

Vestas Wind Systems A/S gives FY 2015 outlook
Wednesday, 11 Feb 2015 02:31am EST 

Vestas Wind Systems A/S:Expects FY 2015 revenue to amount to minimum 6.5 bln Euro.Expects FY 2015 EBIT margin before special items of minimum 7 pct.FY 2015 revenue of 7.3 bln Euro- Thomson Reuters I/B/E/S.  Full Article

Vestas gets 78 MW order in the United States

COPENHAGEN - Danish wind turbine manufacturer Vestas Wind Systems said late on Tuesday it had received a 78 megawatt turbine order for a wind project in the United States.

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