Gamesa Wins Iberdrola Contracts to Service 1197 Wind Turbines

Gamesa Corp. Tecnologica SA (GAM), the biggest Spanish wind-turbine maker, won deals with Iberdrola SA (IBE) to service 1,197 of the machines in Spain, Portugal and Hungary.

The three-year contracts cover 1,143 two-megawatt Gamesa turbines across 80 parks on the Iberian peninsula and another 54 in three Hungarian farms, the Zamudio-based company said today in an e-mailed statement, without giving its value.

Gamesa is expanding its servicing under a strategy that includes cutting 100 million euros ($131 million) of fixed costs and closing more than a third of its offices through 2015.

The contracts