Company announcement from Vestas Wind Systems A/S Randers, 5 November 2007 Company announcement No. 34/2007 Horizon Wind Energy places order with Vestas for V90-3.0 MW wind turbines Vestas has received a 201 MW order for 67 units of the V90-3.0 MW wind turbine in the USA. The turbines will be installed at Horizon Wind Energy's Meridian Way Wind Farm located in north-central Kansas near Concordia in Cloud County. Meridian Way is being developed and will be constructed, owned and operated by Horizon Wind Energy, a wind project developer based in Houston, Texas. Horizon is a fully owned subsidiary of Energias de Portugal, S.A., a major Portuguese utility and one of the world's largest generators of electricity from renewable energy sources. By the end of 2007, Horizon will have developed more than 2,000 MW and will be operating wind power plants with a total installed capacity of over 1,300 MW. Horizon is currently developing a portfolio of more than 9,000 MW in over a dozen states. “We are excited about the purchase of the V90-3.0 MW turbines for the Meridian Way Wind Farm and look forward to continuing our strong relationship with Vestas for future wind farm development,” says Antonio Martins da Costa, CEO of Horizon Wind Energy. The Meridian Way Wind Farm is Vestas' largest order for the V90-3.0 MW wind turbine in North America to date. “At both state and federal levels, we are witnessing growing concerns over energy security and climate change, which, in turn, translate into increasing interest in wind power as a clean, reliable and competitive way of generating electricity. Vestas and Horizon are both leaders in their fields, working towards expanding the use of wind power in the USA. With this V90-3.0 MW order, we are taking another important step towards achieving this goal,” says Jens Søby, President of Vestas Americas A/S and continues: “Over the years, Vestas and Horizon have built strong and long-term working relations, and it is a great pleasure for Vestas to see this further develop with the Meridian Way Wind Farm.” The order comprises of the supply and commissioning of the turbines, and a five-year service and maintenance agreement. Delivery of the 67 wind turbines will begin in mid-year 2008, and commissioning is expected to be completed in 2008. The above order does not affect Vestas' expectations for 2007 cf. Company announcement No. 32/2007 of 21 August 2007. Any questions may be addressed to Jens Søby, President of Vestas Americas A/S, telephone +1 503 327 2000 or to Peter Wenzel Kruse, Vice President of Group Communications at Vestas Wind Systems A/S, telephone +45 9730 0000. Yours sincerely Vestas Wind Systems A/S Ditlev Engel President and CEO
Horizon Wind Energy places order with Vestas for V90-3.0 MW wind turbines
| Source: Vestas Wind Systems A/S
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