Vestas is on its way to landing a stable and unconditional order in the US, including wind turbines at a total capacity at 237.6 MW, after Vesta's client, Longroad Energy, secured financing for its Rio Bravo project in Texas.
The wind farm is planned to reach operation in June 2019 and will include 66 Vestas turbines of the 3.6 MW V136 model. The Danish manufacturer will also win a 20-year service and maintenance contract, according to a press statement from Longroad Energy, which, by having ordered components at the end of 2016, secured full US PTC subsidy. The PTC program has since been reduced to 80 percent in 2017 and 60 percent in 2018.
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