United States

United States

Vestas picked for 200MW Minnesota project

UNITED STATES: Algonquin Power and Utilities has chosen Vestas turbines for a newly-acquired 200MW project in Minnesota.

Algonquin has chosen Vestas V100 turbines for the Odell project
Algonquin has chosen Vestas V100 turbines for the Odell project

The Canadian utility said that Vestas will install 100 V100-2MW turbines at the Odell development, which is due to come online in Q4 2015.

However, the Danish manufacturer would not confirm the deal. In a statement it said: "Today, there is information in the market regarding a 200 MW project in the USA.

"As soon as the project translates into a firm and unconditional order in accordance with Vestas’ definition, Vestas will disclose a company announcement about this."

Algonquin bought the project from Excel Energy last week for an undisclosed fee. The project has a 20-year power purchase agreement with a subsidiary of Xcel Energy.

Project construction costs are estimated to be $313.5 million. Algonquin said it expects the project to qualify for the production tax credit subsidy, implying work had already started at the project at the end-2013.

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