09:58 - 23 Sep 2016

Largest utility owner of wind energy in the U.S., MidAmerican Energy, orders 214 MW of PTC-qualifying components for the 2,000 MW Wind XI project in Iowa.

With reference to Vestas Wind Systems A/S' company announcement No. 22/2016 of 17 June 2016, Vestas has received a firm and unconditional order from MidAmerican Energy Company (MidAmerican), a subsidiary of Berkshire Hathaway Energy, for 214 MW of Production Tax Credit (PTC) qualifying V110-2.0 MW turbine components.

The order is part of MidAmerican's recently approved 2,000 MW Wind XI project in Iowa.

'Wind energy helps us keep prices stable and more affordable for customers. It provides jobs for Iowans and other economic benefits for our customers, communities and the state. Wind energy also contributes to a cleaner environment for everyone,' said Bill Fehrman, president and CEO, MidAmerican Energy. 'We are proud to expand wind generation in Iowa. And, our customers appreciate that we're doing it without asking for an increase in rates to pay for it.'

'With this order, MidAmerican positions itself to secure the full value of the PTC for the Wind XI project, and takes the next step in delivering low-cost, domestic wind energy to its customers. As the only state to generate more than 30 percent of its energy from wind, Iowa leads the country in delivering wind energy's economic and environmental benefits to its communities, and it's an honor to be a part of the largest wind project in the state's history.' said Chris Brown, President of Vestas' sales and service division in the United States and Canada.

Potential future order intake under the agreement is expected to occur as partial deliveries under the master agreement and will be announced firm and unconditional consistent with Vestas' order announcement policy.

For updated Vestas photographs and videos, please visit our media images page on: https://www.vestas.com/en/media/images.

Contact details
Chante Condit-Pottol
Communications Specialist, Media & External Relations
Tel: +1 (503) 708-6668
Mail: CHCPO@vestas.com

About Vestas
Vestas is the energy industry's global partner on wind power solutions. We design, manufacture, install, and service wind turbines across the globe, and with more than 76 GW of wind turbines in 75 countries, we have installed more wind power than anyone else. Through our industry-leading smart data capabilities and unparalleled 63 GW of wind turbines under service, we use data to interpret, forecast, and exploit wind resources and deliver best-in-class wind power solutions. Together with our customers, Vestas' more than 21,700 employees are bringing the world sustainable energy solutions to power a bright future.
We invite you to learn more about Vestas by visiting our website at www.vestas.com and following us on our social media channels:

Download the press release (PDF) here

Vestas Wind Systems A/S published this content on 23 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 September 2016 08:13:07 UTC.

Original documenthttp://www.vestas.com/en/publications/2016/september/160923_nr_uk_ame

Public permalinkhttp://www.publicnow.com/view/DCF80750088228D7F23E61ECE3BD502DCA97CB2B