AAER Signs First Supply Agreement for 61 Turbines

AAER Inc. (TSX-V: AAE), a Canadian manufacturer of 1 megawatt-plus wind turbines, announced today that it has signed a conditional turbine supply agreement for the delivery and commissioning of 61 wind turbines to Mont Louis Wind L.P. for its 100-megawatts (MW) wind farm project in Quebec.

The Agreement is for 1.65-MW wind turbines with cold weather packages, a SCADA operating system as well as testing and commissioning services. The A-1650 is an optimized version of AAER’s existing 1.5-MW A-1500 wind turbine.

Under the Agreement, delivery of turbines would occur during 3Q10. The Agreement also provides for operations and maintenance services to be provided to Mont Louis Wind L.P. over a two-year period.

"This project has a strategic value to AAER as it represents our lead order for the A-1650" said Dave Gagnon, President and CEO of the Company.

AAER is a wind turbine manufacturer located in Bromont, Quebec that uses a portfolio of proven European technologies to ensure the performance of its turbines in various wind conditions and terrains.

 

Website: http://www.aaer.ca     
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