The order for the Corti wind project takes Vestas' firm order intake in Argentina since December 2016 to 225 MW, reinforcing Vestas' leading position in the market.

Press release from Vestas Mediterranean, Madrid, Spain, 2017-02-06 14:56 CET (GLOBE NEWSWIRE) --

Vestas has received a firm and unconditional order from Greenwind S.A, a subsidiary of Pampa Energía, one of the largest power companies in Argentina, to supply 29 V126-3.45 MW turbines for the 100 MW Corti wind park in the Bahía Blanca, Argentina.

The order is an Engineering, Procurement and Construction (EPC) contract and comprises supply, installation, civil works and commissioning of the wind turbines. A 10-year Active Output Management 5000 (AOM5000) service agreement is also included to ensure optimal operation of the wind farm at all times. Turbine delivery is planned for the third quarter of 2017, while commissioning is expected for the second quarter of 2018.

President of Vestas Mediterranean, Marco Graziano, comments, 'In 2011, Vestas built Argentina's largest wind park and we are pleased to see that wind energy is once again growing in the country. This order underlines the momentum our 3 MW platform has achieved in Argentina and demonstrates that Vestas' turbines are well-suited for the variety of sites across the country'.

Argentina has committed to reach 20 percent renewable energy by the end of 2025 and recently passed the Argentinian Renewable Energy Law, which requires large electricity consumers to get a minimum of eight percent of its power production from renewable sources.

To meet the increasing demand in Argentina, Vestas opened an office in Buenos Aires in 2016 and received orders from a number of customers, including Genneia S.A. and YPF Energía Eléctrica S.A. a subsidiary of YPF oil company.

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

For more information, please contact:
Irene Rodriguez Alvarez
Communication Partner, Vestas Mediterranean
Tel.: +34 91 362 8113
Email: irral@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 78 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 68 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 21,900 employees are bringing the world sustainable energy solutions to power a bright future.

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Vestas Wind Systems A/S published this content on 06 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 06 February 2017 14:02:02 UTC.

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