THE WIND MONEY IS IN MAINTENANCE RIGHT NOW

Vestas Signs Maintenance Deal With EDPR

25 June 2012 (North American Windpower)

“[World-leading but floundering turbine] maker Vestas has signed its largest-ever service and maintenance renewal agreement with EDPR, under which Vestas will service more than 1,100 wind turbines across 30 wind projects in the U.S. and Europe for up to seven years…[T]he service agreement represents a total capacity of nearly 1.9 GW…”

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“…About 70% of the turbines covered in the agreement are in the U.S., while the remaining wind power plants are in Spain, France, Romania, Portugal and Italy. Vestas says it will use local service teams and six regional performance, diagnostic and surveillance centers to monitor the wind turbines…[Vestas] expects its service business to make up a growing part of income in the future as more wind turbines come off of warranties…”

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