Gamesa will supply wind turbines to nine wind farms Iberdrola will develop in Brazil (258 MW)

Gamesa’s first wind energy supply contract in Brazil, where the company just opened its first subsidiary in the Mercosur, and fits within the framework of its recent strategy for venturing into new wind farm markets.

Gamesa will be the designated supplier of wind turbines, totalling 258 MW of installed capacity, for nine wind farms Iberdrola Renovables will develop in Brazil.

Gamesa will supply a total of 129 wind turbines over the next two years (2011-2012), specifically its G8X turbine model, which features 2 MW of unit capacity.

The contract calls for Gamesa to supply, transport and erect the wind turbines and perform start-up and maintenance work over a two-year period.

The agreement comes two days after Iberdrola Renovables, in a venture with Neoenergía – a Brazilian energy holding company part-owned by the Iberdrola Group – won a bid to build 258 MW of installed wind capacity in Brazil’s second tender process for the development of renewable energies. The tender was called by Brazil’s electricity industry authority, Agencia Nacional de Energía Elétrica (ANEEL).

Opening six new wind power markets

The supply agreement is the first of Gamesa in Brazil, where the company recently opened its subsidiary in the Mercosur in Sao Paulo, and fits within the framework of Gamesa’s strategy for venturing into emerging markets that offer growth potential.

As part of this strategy, Gamesa has disembarked in six new markets in Europe, Latin America and Africa this year alone.

A growing presence in Latin America

Gamesa also has a significant presence in Latin America, where it has installed more than 200 MW of wind energy in five countries and has more than 1,100 MW under contract in Honduras, Mexico and Costa Rica.

A consortium made up of Gamesa (76%) and Iberdrola Ingeniería y Construcción in July obtained a contract to build a Honduran wind farm (Cerro de Hula) with installed capacity of 102 MW.

Additionally, the company this year signed a long-term agreement (10 years) to supply 100% of the wind turbines for wind farms which Cannon Power Group is set to develop in Mexico’s Baja California (combined installed capacity of 1,000 MW).

With more than 15 years’ experience, Gamesa is a world leader in the design, manufacture, installation and maintenance of wind turbines, with more than 20,000 MW installed in 20 countries on four continents.

The company is also a global benchmark in the market for the development, construction and sale of wind farms, with more than 3,500 MW installed and a wind farm portfolio totalling 22,000 MW at varying stages of development in Europe, America and Asia.

With 30 manufacturing facilities in Europe, the USA, China and India, and 4,400 MW of annual manufacturing capacity, Gamesa has an international workforce of more than 6,300 people.

www.gamesacorp.com