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US COMPANY'S $29 MILLION
1 July 1995
Unassembled turbines are being shipped from FloWind Corp of California to India as part of the US company's $29 million sale to Renewable Energy Systems of Hyderabad. The AWT-27s will be installed in a 50 MW wind farm in Andhra Pradesh, says FloWind's Bob Lynette. As many as ten to 15 turbines out of a total of 220 were already being shipped in the third week of June. The deal is backed with a line of credit from the Export Import Bank of the United States. The AWT-27 is a 27.4 metre machine.
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