(BRK.A), (BRK.B)
Vestas has received an order for 459 MW of V136-4.2 MW turbines operating in 4.3 MW power optimised mode from PacifiCorp, a subsidiary of Berkshire Hathaway Energy, for two wind projects, TB Flats I and II, located in Wyoming. Including previously purchased V110-2.0 MW turbines, the projects will have a combined capacity of 503 MW.
TB Flats I and II are part of PacifiCorp’s Energy Vision 2020 initiative, a USD 3.1 billion investment to expand wind power via repowering existing projects, adding 1,150 MW of new wind resources by the end of 2020, and building a 140-mile transmission line segment in Wyoming to enable wind generation.
As part of Energy Vision 2020, Vestas and PacifiCorp previously partnered on repowering the Marengo and Marengo II wind projects in Washington, upgrading the site’s existing V80-1.8 MW turbines with V100-2.0 MW turbines.
“We’re pleased PacifiCorp has selected our V136-4.2 MW, operating in 4.3 MW power optimised mode for the TB Flats I and II projects,” said Chris Brown, President of Vestas’ sales and service division in the United States and Canada. “With their Energy Vision 2020 initiative and commitment to expanding wind energy, PacifiCorp brings both the environmental and economic benefits of low-cost, competitive, and clean wind energy to their customers and communities.”
The order includes supply and commissioning of the turbines as well as a 12-year AOM 4000 service agreement, designed to ensure optimized performance of the project. Turbine delivery will begin in the second quarter of 2020, with commissioning scheduled for the fourth quarter of 2020.
© 2019 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.