Vestas selected for 1 GW in Wind Turbines in Norway

Today, there is information in the market regarding Vestas and projects in Norway.

Vestas can confirm, that Fosen Vind DA, a joint venture company owned by Statkraft, TrønderEnergi, and the investor consortium Nordic Wind Power DA, has selected Vestas for the delivery of wind turbines for six wind power plants totalling 1 GW in Norway.

The projects replace the Fosen-Snillfjord projects, which were terminated last year in June (ref. Vestas Company announcement No. 30/2015 of 4 June 2015).

Signing of the contract has taken place, and the resulting firm and unconditional order is expected to be forthcoming relatively soon. Following standard practice, however, Vestas will only disclose a company announcement at the moment when there is a firm and unconditional order in accordance with Vestas’ definition.

Vestas discloses this announcement based on Vestas’ obligation as a Danish listed company, ref. the Securities Trading Act, section 27(2).

Source: Vestas Wind Systems A/S
Date: Feb 23, 2016