Northern Ireland wind energy company Simple Power today announced an exclusive agreement with global manufacturer Vergnet SA to deliver the company's wind turbines throughout the province.

The distribution agreement French based Vergnet is valued at over £50million.

Founded by CEO, Marc Vergnet, a renowned international figure in the renewable energy industry, Vergnet is a leading global manufacturer of wind turbines.

The partnership with Simple Power to install its mid-range Vergnet GEV-MP R 250kW wind turbines across Northern Ireland represents a significant international seal of approval for the locally-founded company, which aims to develop approximately 200 single wind turbines in the region by 2016.

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Simple Power CEO Paul Carson said: "I am delighted to announce the signing of this exclusive distribution agreement with Vergnet in Northern Ireland at such a pivotal point in the development of wind energy here. The company is a global leader in the medium wind sector with expertise spanning 20 years. We look forward to leveraging our combined strengths to fuel the growth of the single wind turbine sector in the province."

Marc Vergnet, CEO, Vergnet SA commented: "With Simple Power, Vergnet has found an innovative and very professional partner in a rapidly growing renewable energy region. The calibre of the Simple Power team, which is clearly highly committed to developing the single wind energy market in Northern Ireland, was particularly important. With over 150 wind turbine projects already under development, this agreement provides a strong framework for continued and accelerated growth."

(CD/GK)