Vestas secures three wind turbine orders totaling 113 MW across Japan, Costa Rica, and Italy

Vestas secured 113 MW in onshore wind turbine orders across three distinct geographies: Japan, Costa Rica, and Italy. This multi-market strategy allows Vestas to diversify its order book, mitigating regional market risks and securing future revenue streams from varied regulatory and economic environments. The supply agreement structure enables Vestas to leverage its global manufacturing and logistics capabilities, providing turbines to multiple developers simultaneously. While the deal value remains undisclosed, these agreements represent a direct revenue injection for Vestas, reinforcing its market presence in diverse global wind energy sectors. The simultaneous wins in disparate markets demonstrate Vestas's ability to adapt its offerings to local project requirements, from established utility-scale developments in Japan to emerging opportunities in Costa Rica and Italy. In Japan, Tohoku Electric Power Co., Inc., a major utility with 17.9 GW of consolidated generation capacity, is expanding its renewable portfolio by partnering with Vestas. This collaboration with Vestas supports Tohoku Electric Power Co., Inc.'s strategy to diversify its 17.9 GW generation mix beyond traditional sources. Toko Electrical Construction Co., Ltd., a Japan-based contractor with JPY 102.6 billion in FY2023 consolidated net sales, will likely provide local electrical infrastructure expertise for the Japanese portion of the 113 MW order. For Libeccio Vento de Vino, a developer with undisclosed operational scale, this Vestas supply agreement likely represents a foundational step in establishing its wind energy assets in Italy or Costa Rica. Vestas benefits from securing orders with both established utilities like Tohoku Electric Power Co., Inc. and newer developers such as Libeccio Vento de Vino, broadening its client base and geographic reach.