Danish wind turbine manufacturer Vestas announced today that Southern Power acquired its 118 MW Glass Sands Wind Facility from Steelhead Americas. In fact, the latter company is Vestas’ development arm in North America.
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Southern Power on acquiring Vestas ’ Glass Sands projects
Today, Danish wind turbine manufacturer Vestas announced that Southern Power acquired its 118 MW Glass Sans Wind Facility. In fact, Southern Power, a subsidiary of Southern Company, received the facility from Steelhead Americas, Vestas’ development arm in North America.
Accordingly, this deal marks a crucial step in Vestas’s aim to further expand its renewable project development. Also, this acquisition will create value across a broader range of the renewable value chain.
In fact, Steelhead Americas is headquartered in Portland, Oregon, and is a wholly-owned development subsidiary of Vestas. Therefore, the company aims to enable future growth in the North American wind energy market.
Notably, through a current development and co-development pipeline of over 3,000 MW of wind energy projects.
More about the Project and reception
In fact, Steelhead Americas developed the project located in Oklahoma, US. Indeed, the development occurred by including permitting, interconnection, the origination of offtake, and arrangement of EPC.
Moreover, the company will provide long-term service for the project through a 20-year AOM 5000 service agreement. Furthermore, Vestas declared the turbine order firm and unconditional in 2020.
“We’re pleased to see the full range of Vesta’s sustainable energy solutions displayed with the sale of the Glass Sands project,” said Chris Rogers, Vice President of Development for Vestas Americas.
Thus, “from development to technology, to operations, we’ve deployed our expertise across the energy value chain. Accordingly, to bring clean, reliable, and renewable wind energy to our communities and partners”.
