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Vestas acquires US independent service provider

Vestas has acquired independent service provider UpWind Solutions, Inc.

UpWind Solutions currently services wind power plants in nine US states with a total capacity of more than 3 GW.

"The acquisition accelerates our profitable growth strategy and helps Vestas to capture the full potential of the service business. We are broadening our capabilities and increasing the size of our addressable market for all major turbine technologies. In short, the acquisition is a strong strategic fit," says Group Senior Vice President Christian Venderby, Vestas Global Service.  

"North America is an important market for Vestas, and this acquisition will contribute to Vestas becoming the customers' preferred fleet-wide service partner," says Chris Brown, President of Vestas Sales and Service Division in the United States and Canada. 

Vestas has more than 50 GW under service worldwide, and together Vestas and UpWind Solutions will service approximately 17 GW of Vestas and non-Vestas turbines in the USA and Canada with ambitions for further growth.

"Vestas represents high quality technology and service and shares UpWind Solutions' passion for excellence", says CEO Peter Wells, UpWind Solutions.   "We're delighted to become part of the global wind industry leader, and look forward to jointly ensuring that our expanded customer base receives the best possible operations and maintenance service for their fleets."

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Policy, investment and markets  •  Wind power