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New Orders: Vestas Successful in Australia and Greece

Aarhus, Denmark - Danish wind turbine manufacturer Vestas has received a major order from Australia and scored at an auction in Greece.

In Australia, Vestas has signed a contract for 328 MW for two wind projects in Victoria in partnership with Global Power Generation, a subsidiary of the international energy group Naturgy Group. The contract covers the supply and installation of 52 V136-4.2 MW wind turbines for the Ryan Corner wind farm and the engineering, procurement and construction of 26 turbines of the same type for the second stage of the Berrybank wind farm. This second phase is based on the successful participation in the 2019-20 state auction for renewable energy in Australian Capital Territory.

In Greece, Mytilineos S.A. has placed an order for 43 MW of wind power capacity for the Makrynoros wind farm in central Greece. The wind farm was awarded in the tender conducted in July 2019. The contract includes the supply and installation of twelve V136-3.45 MW wind turbines, which will be delivered in 3.6 MW operating mode, as well as a 20-year service contract for the Active Output Management 4000 (AOM 4000).

The price of the Vestas share, which is listed in the global share index for renewable energies, RENIXX, is quoted today (01.12.2020) at around 171 euros.

Source: IWR Online, Dec 12 2020