Gamesa Sells 183 MW Of Wind Energy Projects

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Gamesa has signed an agreement with infrastructure fund manager Impax Asset Management to sell 183 MW of yet-to-be-built wind energy projects in Germany.

Gamesa will handle the engineering, procurement and construction services; supply its 2 MW and 4.5 MW turbines for the projects; and perform the operations and maintenance of the turbines for a period of 15 years.

Most of the projects will be ready for development between 2013 and 2015. The companies aim to finalize their exclusive negotiations over the next two months.


Gamesa says its relationship with Impax could expand further, as the agreement includes the possibility of extending the companies' collaboration to wind energy projects in other regions. Impax's fund also recently bought a Gamesa-developed wind farm in France, with construction set to begin at the end of this year.

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