Vestas is to service its turbines for Swedish developer Arise under a 15-year deal agreed today.
The contract will also see some Arise staff moving to the Danish turbine manufacturer.
“The service cost will increase slightly compared to historical levels but all component risk will be transferred to Vestas,” said Arise.
Arise chief executive Daniel Johansson said: “Up until now the service market has been relatively immature and the component risk has been low in our fleet, which has meant that we have been able to keep the service cost down by having our own organisation.
“The price competition in the market is now increasing while at the same time the component risk in our fleet is rising, as it gets older.
“All in all, this creates a good opportunity to eliminate component risk and secure a long life span for our wind turbines at an attractive price level.”
Image: Arise
Arise calls in Vestas service
Some staff from Swedish outfit will join Danes under 15-year deal
By EBS