Catch the Wind Signs Agreement with enXco

Catch the Wind Ltd. has sold one Vindicator laser wind sensor (LWS) unit to enXco, an EDF Energies Nouvelles Company. The sales agreement provides for the purchase of additional units upon successful performance.

“We are pleased to be partnering with enXco, a leader in wind energy focusing on large-scale wind projects throughout the United States,” said Phil Rogers, president and CEO of Catch the Wind Inc. Consistent with our strategy, we are effectively positioned for additional follow-on orders with another leading energy company pending onsite validation of the Vindicator’s capabilities. In wind generation, enXco currently has an installed capacity of 965 MWs in the United States.”

Both Catch the Wind and enXco have agreed to use the services of a recognized third-party evaluator to confirm the results of the test program, which will begin upon delivery and integration of the Vindicator units. Financial terms of the sales agreement were not disclosed.

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