CS WIND keeps scoring tower deals in 2020

cswind
cswind

Leading wind tower fabricator CS WIND has already filed six wind tower supply deals to DART, the repository of Korea’s corporate fillings run by the Financial Supervisory Service (FSS).

The six wind tower contracts, which amounts to over KRW 136 billion in total, are all signed with major turbine manufacturers and developers. The followings are details of the six deals, of which the latest one was signed on March 3.

  • Contract with GE Wind Energy, which was signed on January 20, is valued at around KRW 10 bn. Fabrication and delivery to Turkey will be fulfilled (EXW) by CS WIND’s Turkish business until February 4, 2021.
  • Contract with Nordex Energy, which was signed on January 22, is valued at around KRW 22 bn. Fabrication and delivery to the Netherlands will be fulfilled (FCA) by CS WIND’s Chinese business until September 21, 2020.
  • Contract with Siemens Gamesa Renewable Energy, which was signed on January 30, is valued at around KRW 54 bn. Fabrication and delivery to the UK will be fulfilled (FAS) by CS WIND’s Vietnamese business until August 6, 2021.
  • Contract with GE Renewables North America, which was signed on February 13, is valued at around KRW 27 bn. Fabrication and delivery to the US will be fulfilled (FAS) by CS WIND’s Malaysian business until August 14, 2020.
  • Contract with GE Wind Energy, which was signed on February 24, is valued at around KRW 11 bn. Fabrication and delivery to Germany will be fulfilled (FAS) by CS WIND’s Chinese business until August 23, 2020.
  • Contract with Vestas Asia Pacific, which was signed on March 3, is valued at around KRW 10 bn. Fabrication and delivery to Mexico will be fulfilled (FAS) by CS WIND’s Vietnamese business until August 7, 2020.

CS WIND is one of the most prominent wind tower manufacturer in the market. Its portfolio covers onshore/offshore wind tower, offshore transition pieces, tower internals, and other industrial equipment.

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