New Projects, Renewables, Wind

Broadwind Signs Three-Year $137M Turbine Tower Supply Agreement

Broadwind Towers, and subsidiary of Broadwind Energy, Inc., has signed a $137 million, three-year framework agreement to supply wind turbine towers to a U.S. wind turbine manufacturer. The towers will be produced in the company’s facilities in Wisconsin and Texas for delivery in 2019.

Broadwind President and CEO Stephanie Kushner stated, “The market visibility has improved significantly given the certainty of the Production Tax Credit structure, and we are pleased to receive this long-term commitment from our customer. This agreement extends our backlog through 2019.”