Alliant & Vestas Sign 500-MW Supply Deal

Alliant Energy Corporate Services, Inc. has entered into a master supply agreement (MSA) with Vestas-American Wind Technology, Inc. effective June 1, 2008. The agreement provides Alliant Energy’s wholly owned utility subsidiaries, Interstate Power and Light Company and Wisconsin Power and Light Company, with a total of 303 units of Vestas’ V82 1.65-megawatt (MW) wind turbines.

The turbines will have a total installed capacity of 500 MW and will be delivered in three groups. Under the terms of the MSA, Vestas will begin delivery of the initial group of turbines in 2009, with delivery for the final two groups of turbines beginning in 2010. The total purchase price for the wind turbine equipment under the agreement is expected to be approximately US $817 million, subject to adjustments.

“Our company is pleased to partner with Vestas, who is a recognized leader in the wind generation industry,” said Kim Zuhlke, Alliant Energy Vice President of New Energy Resources. “Vestas will play an important role in our company’s next step in expanding its renewable energy supply portfolio. Given our company’s aggressive wind generation expansion plans, we believe it is important that we procure the infrastructure necessary to complete the generation build-out on-time and at a reasonable cost to customers.”

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