Copenhagen Stock Exchange
Nikolaj Plads 6
1067 Copenhagen K
Randers, 17 April 2007
Stock exchange announcement No. 16/2007
Vestas receives two orders for a total of 80 MW for Spain
Vestas has received two orders from the ACS/Cobra Group for projects in Castilla
y León and Andalusia. One of the orders is for 25 units of the V90-2.0 MW wind
turbine for the Teso Santo project and comprises supply, installation and
commissioning, as well as a 5-year service and maintenance agreement. The wind
power plant will be located near the town of Santiz in Salamanca, Castilla y
León.
The other order comprises 10 units of the V90-3.0 MW wind turbine for the El
Colmenar II project, which will be located near the town of Fiñana in Almería,
Andalusia. This order comprises supply, installation and commissioning of the
wind turbines, as well as a 5-year service and maintenance agreement. Both
orders include a VestasOnline™ Business SCADA solution.
The order for the Teso Santo project has been placed by the developer
Urbaenergía, and the order for the El Colmear II project has been placed by the
developer Energía y Recursos Ambientales, S.A., (EYRA). Both companies belong to
the ACS/Cobra Group, which is an important player in the renewable energy
industry in Spain.
In December 2006, Vestas had a total installed capacity of approximately 100 MW
in Andalusia. Having several projects under construction in this region, Vestas
has high expectations for the Andalusian market. Vestas had almost 250 MW
installed in Castilla y León in December 2006.
These are the first orders that Vestas signs with the ACS/Cobra Group. “We are
very proud that ACS/Cobra has chosen Vestas as a supplier for these two wind
power projects, which demonstrates their confidence in us and our products,”
says Ebbe Funk, President of Vestas Mediterranean A/S, and continues “We look
forward to a long and fruitful cooperation with ACS/Cobra, and we are glad to
continue strengthening our position in Castilla y León and in Andalusia.”
Delivery of the turbines for the Teso Santo project is scheduled to begin in
July 2008, and the project is expected to be completed in January 2009. Delivery
for the El Colmenar II project will already start in September 2007, and the
project is expected to be completed in January 2008.
The Teso Santo wind power plant will produce approximately 140,000 MWh a year,
saving the environment from 80,300 tons of CO2 per year. The El Colmenar II wind
power plant will have an estimated annual production of 60,000 MWh, which
corresponds to an annual emission saving of 34,400 tons of CO2.
The above orders do not affect the Vestas Group's expectations for 2007 cf.
Stock exchange announcement No. 6/2007 of 20 March 2007.
Any questions in relation to the orders may be addressed to Ebbe Funk, President
of Vestas Mediterranean A/S, Tel. +34 93 241 9800, or to Peter Wenzel Kruse,
Vice President of Communication & IR at Vestas Wind Systems A/S, telephone +45
9730 0000.
Yours sincerely,
Vestas Wind Systems A/S
Ditlev Engel
President and CEO
