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United States

Vestas US development arm gains momentum

Danish turbine manufacturer Vestas is moving further into US project development, with its Steelhead Americas subsidiary joining forces with RES Group on a 200MW site in Texas.

General Mills owns a number of well-known consumer brands, including Cheerios, Häagen-Dazs, and Pillsbury
General Mills owns a number of well-known consumer brands, including Cheerios, Häagen-Dazs, and Pillsbury

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The Maverick Creek project is under development in central Texas. It has signed a 15-year virtual power purchase agreement with food conglomerate General Mills – the firm behind brands such as Cheerios, Häagen-Dazs ice-cream and Pillsbury baked goods

It is General Mills’ second wind PPA, following a deal to purchase credits from the 148.35MW Cactus Flats project, also in Texas and developed by RES.

The two deals will allow the consumer goods producer to power all of its US facilities with renewable electricity.

Vestas has emerged as a developer in sizeable 10MW-plus projects in Asia, the US, Chile, Europe and Australia, according to Windpower Intelligence, the research and data division of Windpower Monthly.

Steelhead Americas has a development pipeline of about 3GW of wind capacity in North America.

Steelhead Americas is co-developing the 237.6MW Rio Bravo project, under construction in south Texas, with Longroad Energy.

Additionally, it is working on the fully-permitted 100MW Wildhorse Mountain in Oklahoma, also with RES Group.

In June 2018, Vestas acquired a 40% stake in 353MW of new capacity in Sweden.

At the time, the manufacturer’s northern and central European president, Nils de Baar, explained the need "to create value beyond turbine sales" as the industry moves in to the post-subsidy era.

"What Vestas is doing is to look into alternative business models to create a good return on our money," de Baar told Windpower Monthly.

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