This will allow Camelot Wind to secure financing as well as to obtain regulatory approvals for the project. The overall sale price is about $2.7 million. In addition to the TSA, AAER and Camelot Wind will enter into a five-year Warranty, Maintenance & Service Agreement.
“We are pleased to be the supplier of choice to Camelot Wind, LLC,” AAER President and Chief Executive Officer Dave Gagnon said. “As we continue to win mandates to supply commercial and community base wind projects, we believe it validates our business strategy of targeting this market niche of wind parks not exceeding 50MW. We look forward to growing our business as the North American economy begins its recovery.”
