Vestas receives order for 67 units of V80-1.8 MW wind turbines for Texas, USA

The Vestas Group has received an order to supply and commission 67 units of V80-1.8 MW wind turbines for a 120 MW wind power project near Abilene, Texas from Buffalo Gap Wind Farm LLC, a project company developed by SeaWest Holdings, Inc.

The wind power plant will be commissioned by 31 December 2005. The parties have entered into a turbine supply agreement and a warranty, maintenance and service agreement. Recently, AES Corporation, a major international power company headquartered in Arlington, Virginia, announced its plans to acquire SeaWest Holdings, Inc. and combine this with its other recent investment in US Wind Force, LLC, in order to advance its goal to become a strong wind generation developer, operator and owner. With the recently announced acquisition, AES Corporation will have wind power projects operating or under development in 13 states in the US.

“We are pleased to be part of this project and AES Corporation’s entry into the US wind power market,” says Svend Sigaard, President and CEO of Vestas Wind Systems A/S and adds: “The market for wind power in the US is changing. An increasing number of major utilities and developers like AES Corporation are focusing on wind power – a trend we expect will have a positive impact on the market”.

Subject to a non-disclosure agreement with the customer, Vestas cannot reveal the value of the supply and service contracts. However, the value of the order does not affect the Vestas Group’s expectations for 2005, cf. Stock exchange announcement No. 45/2004 of 26 November 2004.

Any questions may be addressed to the Executive Management at Vestas Wind Systems A/S, telephone +45 9730 0000.