Capital Energy closes an agreement with GE for the supply of 1,000 MW of wind energy

The renewable company Capital Energy has signed its first framework agreement for the supply of wind turbines with General Electric Renewable Energy, which includes the purchase and sale of turbines for up to 1,000 megawatts (MW) of power to equip its wind farms in the next three years, between 2021 and 2023.

As reported by Capital Energy this Tuesday, General Electric plans to produce a good part of the components of these wind turbines in the factories with which it works in Spain, both the blades, thanks to the two plants of LM Wind Power -General Electric subsidiary -, like other pieces of wind turbines, with its Spanish supply chain.

The president and CEO of General Electric Renewable Energy, Jérôme Pécresse, has indicated that the construction of new projects will help them to reinforce their industrial commitment to Spain and to the country’s energy transition.

Capital Energy’s CEO of business, Juan José Sánchez, has said that this agreement with General Electric is only the first of many more to come and represents a new milestone in the fulfillment of the company’s business plan.

Capital Energy won the last renewable energy auction held in Spain, in which it was awarded 620 MW of wind power.

Currently, it has a portfolio of wind and solar projects in Spain and Portugal of around 38 gigawatts (GW) of power, of which more than 8.5 GW already have granted access permits to the grid.