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Vestas Wind Systems A/S (VWS.CO)

VWS.CO on Copenhagen Stock Exchange

551.50DKK
23 Sep 2016
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Latest Key Developments (Source: Significant Developments)

MHI Vestas has received a 406 MW order in Denmark
Thursday, 7 Jul 2016 05:25am EDT 

Vestas Wind Systems A/S : Says MHI Vestas Offshore Wind has received a firm and unconditional order for 49 units of the V164-8 MW turbines with a total capacity of 406 MW for the offshore Horns Reef 3 project in Denmark. . Says order is placed by Vattenfall [VATN.UL], and the contract covers supply, installation, commissioning and a five year service contract. .Says the project will be delivered by MHI Vestas Offshore Wind, a 50/50 joint venture with Japan's Mitsubishi Heavy Industries <7011.T>, and will not enter into the order backlog of Vestas Wind Systems.  Full Article

Vestas wins 76 MW order in Sweden
Thursday, 30 Jun 2016 03:53am EDT 

Vestas Wind Systems A/S : Says Rabbalshede Vind 5 AB, a joint venture between Rabbalshede Kraft AB and private investment company Ardian, has placed a firm and unconditional order for the Lyrestad wind park in Mariestad, Sweden . Says Google will purchase the power produced by the wind park . Says order includes supply, installation, and commissioning of the turbines as well as a 10-year service agreement (AOM5000) . Says turbine delivery is expected to begin in the second quarter of 2017, with commissioning expected to start in the third quarter of 2017 Further company coverage: [VWS.CO] (Copenhagen newsroom) ((copenhagen.newsroom@thomsonreuters.com; +45 33 96 96 55;)).  Full Article

MHI Vestas in conditional agreement with Vattenfall on Horns Rev 3
Thursday, 2 Jun 2016 03:52am EDT 

Vestas : Says can confirm that Vattenfall [VATN.UL] and MHI Vestas offshore wind have entered into a conditional agreement regarding delivery of V164-8.0 MW turbine for 400 MW Horns Rev 3 project in Denmark .Says if and when project translates into a firm and unconditional order, Vestas will disclose a company announcement about this.  Full Article

BRIEF-MHI Vestas in conditional agreement with Vattenfall on Horns Rev 3
Thursday, 2 Jun 2016 03:52am EDT 

Vestas : Says can confirm that Vattenfall [VATN.UL] and MHI Vestas offshore wind have entered into a conditional agreement regarding delivery of V164-8.0 MW turbine for 400 MW Horns Rev 3 project in Denmark .Says if and when project translates into a firm and unconditional order, Vestas will disclose a company announcement about this.  Full Article

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

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Vestas shares rise on expected turbine deal with Egypt

COPENHAGEN Shares in Danish wind-turbine maker Vestas rose almost 5 percent on Monday after a minister said it expects to sign a cooperation agreement with the Egyptian government worth up to 2 billion euros ($2.3 billion).