Reflecting New Company Focus, Gamesa Sells 70 MW Wind Farm To Iberdrola

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Gamesa has sold Iberdrola a wind farm development in Mexico with a future total installed capacity of 70 MW.

Gamesa will be in charge of developing and building the Dos Arbolitos wind farm, located in the town of Juchitan de Zaragoza in the state of Oaxaca. The scope of the agreement encompasses the supply and installation of 35 Gamesa 2.0 MW wind turbines, which are scheduled for delivery at year-end; the facility is slated for commissioning in 2014.

Gamesa says this transaction falls under the company's new strategy to navigate a wind farm through the end-to-end development phase (site identification, wind resource measurement, government permits, engineering, construction, turbine supply and O&M services) without having to put up internal funds.


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