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Vestas’ Year-End Deals Include Wind Projects in U.S., Brazil, Ireland

December 28, 2022

Major wind turbine manufacturer Vestas has announced several deals as the company ends 2022, including what the Danish company calls the largest wind project in Latin America, along with a U.S. onshore wind repowering project.

The announcements come as the wind power industry continues to be challenged by several factors, including equipment supply chain problems along with permitting issues. Vestas CEO Henrik Andersen, during a November meeting with investors to discuss the company’s third-quarter results, said he was cutting the group’s financial forecast for 2022.

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