VESTAS WIND SYSTEMS A/S 16:02 - 08 Dec 2015
The accreditation reinforces Vestas' position in the country by fulfilling the local content rules set by the Brazilian development bank (BNDES) that qualify for the bank's financing lines.
The state-owned Banco Nacional de Desenvolvimento Econômico e Social (BNDES) has certified that Vestas complies with the FINAME II code, the set of local manufacturing requirements established by the bank for foreign manufacturers operating in Brazil. Compliance with these rules is a prerequisite set by the BNDES to have access to the bank's special credit lines.
'Our V110-2.0 MW platform turbines are very well-suited for Brazilian wind conditions, and the FINAME II accreditation will allow Vestas' customers to leverage BNDES' attractive financing', says President of Vestas Mediterranean, Marco Graziano.
Based on the local manufacturing plan agreed with BNDES in June 2014, Vestas will localise the production of its V110-2.0 MW wind turbine models as following: Aeris will produce blades; ABB will manufacture generators; and Vestas' new factory in Aquiraz (near Fortaleza, in Ceará) will localise 70 percent of hub and nacelle manufacturing.
Vestas has been present in Brazil since 2000 and has delivered a total installed capacity of 713 MW and announced firm and unconditional orders of approximately 1 GW. So far in 2015, Vestas has announced 286 MW in new orders. Given the planned increase in manufacturing output, Vestas expects to create hundreds of direct and indirect jobs in Brazil.
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
Every single day, Vestas wind turbines deliver clean energy that supports the global fight against climate change. Wind power from Vestas' more than 55,700 wind turbines currently reduces carbon emissions by over 60 million tons of carbon dioxide every year, while at the same time building energy security and independence. Vestas has delivered wind energy in 74 countries, providing jobs for around 19,600 passionate people at our service and project sites, research facilities, factories and offices all over the world. With 52 percent more megawatts installed than anyone else in the industry and close to 71 GW of cumulative installed capacity worldwide, Vestas is the world leader in wind energy.
We invite you to learn more about Vestas by visiting our website at www.vestas.com and following us on our social media channels:
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