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Vestas secures its largest service contract renewal for 1,897 MW

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Vestas secures its largest service contract renewal for 1,897 MW

Aarhus, Denmark, 2012-06-25 10:00 CEST (GLOBE NEWSWIRE) --

Vestas has signed its largest ever service and maintenance renewal agreement

with EDP Renováveis (EDPR) to service more than 1,100 turbines across 30 wind

power plants in the United States and Europe for up to seven years.

The global service agreement represents a total capacity of 1,897 MW. More than

70 per cent of the turbines covered by this agreement are in the United States,

while the remaining wind power plants are in Spain, France, Romania, Portugal

and Italy.

“This service agreement is a demonstration of our customer focus, service

orientation and versatility in different wind markets and site conditions. It

also proves that Vestas continuously delivers the highest business case

certainty and return on investment through its enhanced service solutions and

highly qualified global service team,” said Ditlev Engel, President and CEO of

Vestas Wind Systems A/S. "Close, regular dialogue with our customers, a focus

on safety and excellence, and the most extensive experience in the industry

allowed Vestas to win this business and extend the excellent relationship with

our customer.”

Through this agreement, Vestas proves its technological leadership and

capitalises on its service capability by using local service teams and six

regional performance, diagnostic and surveillance centres monitoring almost

22,000 turbines globally, equivalent to 37.5 GW.

“We are excited to continue strengthening our partnership with one of the

world’s largest renewable energy companies. Thanks to our service

organisation’s strong performance across our fleet at global level, we are able

to offer EDPR the best possible service and maintenance on the market,” said

Juan Araluce, Chief Sales Officer of Vestas Wind Systems A/S and acting

President of Vestas Mediterranean. “Vestas and EDPR have built a strong

relationship over the years. This service contract ensures further long-term

collaboration with this key player, as well as long-term jobs for the many

Vestas employees who provide maintenance for these turbines.”

The contract includes a variety of service products such as the Active Output

Management (AOM) 4000 package. AOM 4000 is a full-scope service contract

consisting of scheduled and unscheduled maintenance and consumables. This

service package offers solid risk management for customers who want an

availability guarantee measured against an agreed threshold. The AOM 4000

offers customers Vestas’ exceptional track record in service performance,

avoiding unforeseen operational costs.

Contact details

Vestas Wind Systems A/S

Lars Villadsen, Senior Vice President, Investor relations

Tel: +45 9730 0000

Vestas Wind Systems A/S

Juan Araluce, Chief Sales Officer and Acting President Vestas Mediterranean

For media inquiries, please contact

Maria J. Vazquez, Communications

Vestas Mediterranean, Spain

Tel.: +34 91 362 82 00, @: mjvvi@vestas.com

Andrew Longeteig, Communications

Vestas Americas, USA

Tel.: +1 503327 7479, @: anlon@vestas.com


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