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June 5, 2008 – Vol.13 No.11 Alliant Energy to Purchase 500 MW Wind Turbine Capacity from Vestas. The companies have entered into a master supply agreement (MSA) where Vestas-American Wind Technology, Inc. will supply 303 units of Vestas' V82 - 1.65 megawatt wind turbines to support Alliant Energy's utility-owned wind generation plan. The turbines will be used for projects being developed by Alliant Energy's subsidiaries, Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL). The total purchase price for the wind turbine equipment under the agreement is expected to be approximately $817 million, subject to adjustments. "We are extremely proud to supply the wind turbines to Alliant Energy's projects and to continue our long-standing working relationship with Alliant Energy," says Jens Soby, President of Vestas Americas A/S. "A total of 500 megawatts of wind generating capacity will make a significant contribution to the company's power supply in the states where the turbines will be installed. As such, this order is further proof that wind is poised to become a major player in the national energy mix. What we have seen so far in the USA is just the beginning. With a stable federal political framework in place that will allow for planning in the medium and long term, the industry can start to fully utilize the abundant wind resources in this country."
Vestas will begin delivery of the initial group of turbines in 2009, with delivery for the final two groups of turbines beginning in 2010. Vestas-American Wind Technology is the US division of Vestas Wind Systems of Denmark, the world market leader in wind turbines. Alliant Energy Corporation, headquartered in Madison, Wisconsin provides electric and natural gas service to approximately 1 million electric and 420,000 natural gas customers in the states of Iowa, Wisconsin and Minnesota. (6/3/08)
Links: Vestas Alliant Energy Corporation
Related: --- Vestas Receives Orders for Wind Turbines in China and US. --- December Wind Blows in the Right Direction for Vestas.
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