Vestas wins Polish order for 76 offshore wind turbines (updated)

Northland Power (Ontario)

28/09/2023 14:22

(Adds Vestas background in 3rd paragraph, detail on delivery in
4th paragraph)
       HELSINKI, Sept 28 (Reuters) - 
    Denmark's Vestas  VWS.CO  has won an order from Poland's
Baltic Power for 76 offshore wind turbines with an overall
capacity of 1,140 megawatt, the companies said in a statement on
Thursday.
    The companies did not disclose the value of the order. 
    Vestas in August said it aims to turn a profit this year
after struggling to recover from supply chain problems, high raw
material costs and a mounting backlog.
        The Danish company will begin delivering the turbines,
that come with a 15-year service agreement, during the first
three months of 2025, with power production expected to start in
2026.
  
    Baltic Power is owned by Polish oil refiner Orlen  PKN.WA 
and Canadian power producer Northland Power  NPI.TO .

 (Reporting by Essi Lehto, editing by Terje Solsvik)
 ((essi.lehto@thomsonreuters.com; +358505412375;))