Vestas clinches wind power project order from Sweden

Danish wind-turbine manufacturer Vestas has received an order of wind turbines totaling 53 megawatts for a wind power project in Sweden, the company announced Thursday.
The order, placed by Allianz Capital Partners, the Allianz Group's in-house investment division for alternative investments, entails delivery of 16 wind turbines to Sattravallen, one of the largest wind farms in southern Sweden.
The contract includes supply, installation, commissioning and a 15-year full-scope service agreement, Vestas said in a press statement.
Delivery is expected to start in the third quarter of 2015, with completion scheduled in the fourth quarter of 2015.
Vestas has delivered about 1,500 wind turbines, totaling more than 2,200 megawatts, to Sweden.
With a combined generation capacity of more than 1,000 megawatts, Allianz is one of the world's largest financial investors in renewable and wind energy.