Global Infrastructure SherpaRES Group acquires wind turbine supply agreement with Vestas
166 MW
Capacity
construction
Stage
Pleasant Valley Wind Project
Project
RES Group acquired a wind turbine supply agreement with Vestas, ensuring access to turbines for upcoming wind farm projects globally.
Source Intelligence
KEY DETAILS
The order also includes a three-year Active Output Management 5000 service agreement, which is an energy-based availability guarantee that ensures the turbines are working when the wind is blowing.
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Capacity
RES Americas purchased 83 V100-2.0 MW turbines totaling 166-MW for the 200-MW Pleasant Valley Wind Project in Minnesota.
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Location
RES Americas purchased 83 V100-2.0 MW turbines totaling 166-MW for the 200-MW Pleasant Valley Wind Project in Minnesota.
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Signing
The initial 34-MW were announced in September 2013 in connection with signing a master supply agreement.
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Expected Close
Deliveries and commissioning of the Pleasant Valley project are expected to take place in the fourth quarter of 2015.
PARTIES MENTIONED IN SOURCE
R
RES Americas
buyer
"RES Americas orders 83 Vestas wind turbines for Minnesota project"
V
Vestas
seller
"RES Americas orders 83 Vestas wind turbines for Minnesota project"
X
Xcel Energy
buyer
"When the project is completed, ownership will be transferred from RES Americas to Xcel Energy (NYSE: XEL)."
medium quality
Enriched Feb 19, 2026
Timeline
Announced
Mar 15, 2025
Signed
Sep 1, 2013
Closed
Counterparts (2)
Market Context
This deal is part of the Wind sector in Global.
137
Wind deals
18
deals in Global
Source
www.powergenadvancement.com
1 of 137 Wind deals tracked this month · Updated daily