Vestas Cancels 254 MW Order In Brazil

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Vestas has announced that it and Brazil-based CPFL Renovaveis have agreed to cancel a 254 MW order.

Placed in 2011, the deal was for the supply and installation of 127 V100-2.0 MW wind turbines at the Campos dos Ventos and Sao Benedito projects in Rio Grande do Norte, Brazil.

However, Vestas says that later changes to local Brazilian legislation kept the turbine company and CPFL from agreeing on how to move forward with the order; therefore, the two companies have amicably decided to cancel the deal.

Vestas says both parties are currently in the process of discussing the details of the cancellation and its related consequences, but the turbine maker does not expect the cancellation to impact Vestas' outlook for this year.

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