Vestas solidifies its Leading Position in Sweden with 99 MW Order from Rabbalshede Kraft AB

Vestas to supply 33 V112-3.0 MW turbines for two projects in Sweden.

With reference to Vestas Wind Systems A/S company announcement No. 28 of 27 June 2013, Vestas is pleased to announce its first order from Rabbalshede Kraft AB. The 99 MW order will supply 33 V112-3.0 MW turbines for two projects – in Årjäng, Värmland; and in Skaveröd, located in Uddevalla.

The contract includes turbine delivery, installation, and commissioning; an eight-year Active Management Output (AOM) 5000 service agreement, offering the customer assured performance and helping to avoid unforeseen operational costs; and the Vestas OCAS (Optical Collision Avoidance System) solution, which activates the aviation safety lights only when needed. Turbine installation is scheduled to begin in the second quarter of 2014.

“We are pleased to initiate our first projects with a new customer, following constructive and wide-ranging interactions with their key personnel. Rabbalshede Kraft and Vestas are focused on creating long-term strategic value, and this transaction will form the foundation for an ongoing collaboration,” says Vestas Northern Europe Vice President Sales, Krister Poole Jönsson.

“We have today commenced the execution of our wind parks in Årjäng and Skaveröd where we have chosen Vestas as the wind turbine supplier. It is with great confidence and expectations we are now entering into this long-term strategic partnership where we can utilise this deal to further enhance our joint future opportunities,” says Thomas Linnard, CEO of Rabbalshede Kraft AB.

“This order further solidifies Vestas’ leading role in the Swedish wind market, which remains an important priority for us. Rabbalshede Kraft AB is an important player in Swedish wind power, and this order gives momentum to our evolving business relationship. We look forward to working with Rabbalshede Kraft to support them in realising their wind power ambitions in the coming years,” says Klaus Steen Mortensen, President Vestas Northern Europe.

Every single day, Vestas wind turbines deliver clean energy that supports the global fight against climate change. Wind power from Vestas’ around 49,000 wind turbines currently reduces carbon emissions by over 60 million tons of CO2 every year, while at the same time building energy security and independence.

Today, Vestas has delivered wind energy in 73 countries, providing jobs for around 17,000 passionate people at our service and project sites, research facilities, factories and offices all over the world. With 62 per cent more megawatts installed than our closest competitor and more than 56 GW of cumulative installed capacity worldwide, Vestas is the world leader in wind energy.

We invite you to learn more about Vestas by visiting our website at vestas.com.

Rabbalshede Kraft AB) plans and establishes onshore wind farms in Sweden to operate proprietarily or for sale to other companies. Rabbalshede Kraft’s vision is to be a leading player in the long-term sustainable production of energy in Sweden. Since being formed in 2005, Rabbalshede Kraft has worked intently on the planning and development of an extensive project portfolio, which currently comprises about 40 wind farms with nearly 400 turbines. The company’s structured efforts to develop the project portfolio have resulted in the company being involved in the commissioning of 48 wind turbines. In addition to this, a wind farm comprising 14 wind turbines is currently under construction and will be in commercial operation by the autumn of 2013. Through previous rights issues and access to loan financing, the company has proprietarily constructed 26 turbines and secured financing for its ongoing establishment (14 turbines). For more information, please visit www.rabbalshedekraft.se.

Source: Vestas

For more information on: Vestas