RET Capital Taps Vestas As ‘Service Provider Plus’

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RET Capital Taps Vestas As 'Service Provider Plus' Renewable Energy Trust (RET) Capital has enlisted Vestas to provide maintenance and services for its newly purchased 102 MW Coram Wind Project, located in Tehachapi, Calif.Â

In addition to a five-year service agreement, the deal also covers maintenance of balance-of-plant electrical equipment, wildlife and vegetation management, care of meteorological equipment, road and fencing maintenance, and other tasks. Vestas will also serve as RET Capital's on-site asset manager, with responsibility for 24/7 surveillance, reporting to power purchaser Pacific Gas & Electric, responding to curtailment requests and managing the entire physical asset.

On July 2, RET Capital purchased the wind farm, powered by 34 Vestas V90-3.0 MW turbines, from BAIF U.S. Renewable Power Holdings LLC. Simultaneous with taking possession of the project, RET Capital engaged Vestas as ‘service provider plus’ for the facility.

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