Iberdrola and Gamesa sign an Agreement to expand the Penescal Wind Farm Complex (USA) to 606 MW

Peñascal wind farm complex (USA)

IBERDROLA is the second largest wind power operator
The supply agreement was signed in Washington by Martin Múgica, president and CEO of IBERDROLA RENEWABLES in the United States and David Flitterman, Gamesa Chairman for North America, in the presence of Iñigo Urkullu, head of the Basque Country government
Under the agreement Gamesa will supply the wind turbines, slated for IBERDROLA´s 202-megawatt Baffin wind farm project, representing the latest extension of Peñascal wind power complex, with a $400 million investment
If the new project is commissioned, Peñascal wind farm complex will become IBERDROLA´s largest renewable facility in the world, with enough output to power 210,000 American homes

IBERDROLA and Gamesa have signed today in Washington DC an agreement for the supply of wind turbines for the planned Baffin wind farm in the state of Texas, which could have an installed capacity of 202 megawatts (MW) and is expected to come into operation at the end of next year.

The agreement was signed in the presence of Iñigo Urkullu, head of the Basque Country government, and Arantza Tapia, Minister for Economic Development and Competitiveness of the Basque Country government, by Martin Múgica, president and CEO of IBERDROLA RENEWABLES in the United States and David Flitterman, Gamesa Chairman for North America.

The Baffin wind project is still under development, and the decision to proceed is contingent upon local government approval. With a diverse wind development pipeline, IBERDROLA is well positioned to utilize the 202 MW of turbines at other possible U.S. sites.

Under this agreement, scheduled to begin in mid-2014, Gamesa would supply, install and commission 101 G97 wind turbines, with a unit capacity of 2 MW.

This new wind farm could increase capacity at Peñascal complex to 606 MW, thus becoming IBERDROLA´s largest renewable energy facility in the world, which will generate enough clean, renewable energy to supply 210,000 U.S. households and avoid the emission of 850,000 tons of CO2a year.

The construction of this facility could see a total investment of 400 million dollars and would provide a significant socio-economic boost to the region, as it is estimated that it could create up to 240 new jobs during construction work and eight new direct jobs for the wind farm’s operation and maintenance.

This agreement consolidates Gamesa as IBERDROLA´s main wind turbine supplier. In fact, out of the 14,000 MW installed worldwide, 9,000 MW are Gamesa wind turbines. Moreover, IBERDROLA´S most recent wind projects, including the 10 wind farms currently under construction in Brazil and its first two wind power facilities in Asturias (Spain) are equipped with Gamesa technology.

IBERDROLA, a leading wind power operator in the United States
With this transaction, IBERDROLA reaffirms its commitment to the United States, where it is the second largest wind power operator.

Present in 23 states, IBERDROLA owns 5,492 MW of installed wind power capacity in the US and operates 50 MW in other renewable technologies. It also employs over 700 employees in the area of renewable energy.

IBERDROLA is one of the world leaders in wind power in terms of both installed capacity –over 14,150 MW at the end of the first half of this year- and output –with nearly 31,800 million kilowatts/hour generated in 2012-.

Source: Iberdrola

For more information on: Iberdrola