EnergyWatch

Fairwind bags big order from Vestas

Wind service company Fairwind makes a solid contribution to its orderbook after recently entering a deal to erect Vestas turbines in European markets ranging from Finland to Ukraine.

Photo: Fairwind

Danish supplier Fairwind has entered a two-year framework agreement with Vestas. The deal concerns the erection of wind turbines in several European markets ranging from Finland in the north to Ukraine in the east and France in the west. As a framework agreement, the specific financial details are not yet set in stone, but the potential is EUR 25 million, Fairwind confirms to EnergyWatch.

With this agreement, the Danish wind service company has orders for more than EUR 130 million in the pipeline for 2017-2018. As recently as in January, Fairwind secured a framework agreement with Siemens of similar size and length, and has also won orders from other major wind turbine manufacturers such as Enercon and Senvion.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Siemens Gamesa's deep financial woes are halfway self-inflicted

Despite successfully forwarding the external costs to customers, onshore wind projects valued at EUR 2bn are being delivered at zero-profit margins in the years to come, according to the turbine maker’s CEO. Here and there, things might have moved a bit too fast.

Siemens Gamesa drags down majority shareholder

Despite better sales than expected in the gas business, Siemens Energy downgrades its full-year guidance in the wake of Siemens Gamesa’s announcement of potentially massive losses in 2022.

Further reading

Related articles

Latest News

See all jobs