sPower Makes Wind Turbine Purchase from Vestas

Turbine components qualify up to 400 MW of future pipeline for PTC

SALT LAKE CITY–(BUSINESS WIRE)–sPower has placed an order with Vestas, in a first-time partnership, for
2 MW and 4 MW compatible turbine components that qualify for 80 percent
of the Production Tax Credit (“PTC”) and enable 400 MW of future project
development.

Vestas is the energy industry’s global partner on sustainable energy
solutions. They design, manufacture, install and service wind turbines
across the globe, and with more than 87 GW of wind turbines in 76
countries, have installed more wind power than anyone else.

“We are looking forward to working with Vestas and adding their wind
turbines to our fleet,” said Ryan Creamer, CEO of sPower. “These
turbines add to our PTC qualified inventory and ensures sPower’s
continued growth and economic development in the United States.”

“sPower has long been a respected energy leader and we are proud to
work with them as they leverage their energy expertise into the wind
market,” said Chris Brown, President of Vestas’ sales and service
division in the United States and Canada. “These turbines generate
millions of dollars in economic benefit and jobs growth, and support a
thriving domestic manufacturing industry and supply chain that spans
nearly every state.”

Over the next three years, wind energy, the #1 source of renewable
energy capacity in US, is expected to generate over $85 billion of
economic activity in the US, including the expansion of factories,
millions of dollars in technology innovation investment and the addition
of nearly 50,000 jobs across the wind value chain. In 2016, the wind
industry added jobs nine times faster than the overall US economy, and
today there are more than 102,000 wind workers in America.

Visit Vestas’ media page for updated photographs and videos: https://www.vestas.com/en/media/images.

About sPower

sPower, an AES and AIMCo company, is the largest private owner of
operating solar assets in the United States. sPower owns and operates a
portfolio of solar and wind assets greater than 1.3 GW and has a
development pipeline of 10 GW+. For more information, visit www.sPower.com.

Contacts

sPower
Camille Press, 801-679-3542
Communications Specialist
2180
South 1300 East, Suite 600
Salt Lake City, UT 84106
cpress@sPower.com