Infigen Energy (Infigen) and Gamesa Wind US LLC have announced they have settled all outstanding legal proceedings related
Under the agreements, Gamesa will provide warranties, turbine maintenance services, and replacement components for the turbines, such as the 2-MW unit pictured, until June 14, 2028.
to Gamesa-manufactured turbines purchased by Infigen. Five of the U.S. wind farm project companies (U.S. project companies) in which Infigen holds Class B membership interests have each executed 15-year Warranty and Maintenance Agreements (WMA) with Gamesa for a fixed annual fee.
Under the agreements, Gamesa will provide warranties, turbine maintenance services and replacement components for the turbines until June 14, 2028.
Key features of the WMAs:
• Gamesa will be responsible for all turbine maintenance costs including labor, cost of all wind turbine component replacements, including blades (subject to agreed liability caps) for an annual fixed fee,
• Gamesa will provide turbine availability warranties, and
• Gamesa will be entitled to certain performance payments if turbine availability exceeds prescribed levels.
As a result of these arrangements, Infigen Asset Management will cease to provide turbine maintenance services to these five U.S. Project Companies, but will continue to operate the wind farms and provide Balance of Plant service and maintenance.
Following these agreements, more than 60% of Infigen’s U.S. installed capacity (on an equity interest basis) will be covered by post-warranty agreements.
“These agreements enable Infigen to manage the level and variability of our wind farm costs and focus on safely and efficiently operating these assets,” said Craig Carson, Infigen U.S. CEO. “Infigen has a large portfolio of renewable energy assets across the United States, and we look forward to continuing to focus on the performance of all of our facilities as we work toward realizing new opportunities in renewable energy across the country.”
Borja Negro, Gamesa’s CEO for North America said: “Gamesa remains committed to helping our customers meet and exceed their power production goals by ensuring the turbines are reliable and well maintained. This agreement came about by working closely with Infigen, finding common ground, and addressing their long-term service needs. The overall impact will be to increase turbine optimization, reduce risk, generate cost savings and enhance profitability for Infigen. ”
Infigen Energy
www.infigenenergy.com
Gamesa Technology Corp
www.gamesacorp.com/en/
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