Luxcara and Vestas close turbine supply deal for three wind projects

Vestas

Luxcara, an asset manager in the renewable energy market, and Vestas have closed turbine supply and service agreements for three wind projects.

Vestas has developed a customised wind energy solution that features 38 V150-4.2 MW turbines with site-specific towers, capable of optimising annual energy production and offering competitive cost of energy.

“We are convinced that the projects will benefit from Vestas’ expertise in the Nordics and that the selected turbines will ensure the best possible use of the very good wind conditions to produce clean and sustainable energy,” said Philip Sander, managing partner of Luxcara.

Luxcara has selected the 4 MW platform and services for three wind projects Valikangas, Pihtipudas and Sievi.

“We believe that the three projects will benefit from the V150-4.2 MW turbine’s extremely competitive levelised cost of energy and its perfect fit with the site’s wind conditions,” said Christer Baden Hansen, vice president, Sales North & West, Vestas Northern & Central Europe.

The wind projects are located in the Northern Ostrobothnia region and benefit from favorable wind conditions near the shore. They will provide more than 140.000 households with clean energy. The wind projects have been acquired for a portfolio for institutional investors advised by Luxcara.

The contract with Vestas includes supply, installation and commissioning of the wind turbines, as well as a 25-year Active Output Management 5000 (AOM 5000) service agreement.