Vestas sells US tower factory to CS Wind

Vestas has signed an agreement with CS Wind for the acquisition of Vestas’ tower manufacturing facility in Pueblo, Colorado, the company said. The aim of the agreement is to allow the factory to be run by a company specialised in tower manufacturing and hereby enable increased volume as well as sustained local job creation by extending tower production to multiple wind turbine manufacturers, including Vestas.

As a part of the agreement, Vestas will secure an agreed upon volume of the tower factory’s output to secure domestic supply for the North American market. In addition, CS Wind will expand offerings to include manufacturing of towers to other wind turbine manufacturers through a multi-brand strategy, as well as continue the ongoing Vestas investments and initiatives to reduce CO2 emissions.

“Across our global supply chain footprint, we are involving more partners to build on the foundations we have established for wind energy. This includes honing our own resources to where they can be most effective and transferring parts of our operational setup to be run by other industry leaders who can create more value and secure additional long-term jobs. I’m therefore very excited about the agreement with our long-term partner CS Wind to expand our cooperation further, which can help grow and mature the supply chain in Colorado”, says Executive Vice President and COO Tommy Rahbek Nielsen.  

Established in 2009 as the world’s largest tower manufacturing facility, the Pueblo factory today employs more than 500 people and manufactures over 3,000 tower segments a year.

The Pueblo location is the last tower factory in Vestas footprint that Vestas owns and operates itself, and this divesture reflects both Vestas focus on deploying resources to Vestas areas of expertise, and the maturation and growth of specialised partners like our tower suppliers.