Market Overview

Broadwind Energy Awarded $14M in Tower Orders

A U.S. wind turbine manufacturer has selected Broadwind Energy, Inc.
(NASDAQ: BWEN) to supply approximately $14 million of wind towers for
delivery in 2013. This order includes an option to purchase up to $27
million of additional towers which would have to be exercised in early
2013. The towers will all be delivered in 2013 and will be produced in
the Company's facilities in Manitowoc, WI and Abilene, TX.

Peter C. Duprey, president and CEO of Broadwind Energy, Inc., stated,
“We are very pleased that Broadwind's improved competitive position has
led to new wind tower business, particularly given the regulatory
uncertainty around the extension of the production tax credit. Assuming
the option is exercised, orders for 2013 deliveries will exceed the

See full press release

Posted-In: News Guidance Contracts Management Global

 

Most Popular

Related Articles (BWEN)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free