IBERDROLA AND GAMESA ÉOLICA SIGN NEW WIND TURBINE SUPPLY AND MAINTENANCE AGREEMENT
- Replaces 2008 agreement
- Both companies back a more flexible framework of collaboration which is more tailored to the current market situation and affords greater stability
- Under this new agreement, IBERDROLA pledges to buy 50% of its wind turbines from Gamesa Eólica over the coming years, or up to a total of 3,800 MW
- Gamesa Eólica is not only establishing itself as IBERDROLA’s wind turbine manufacturer of choice but is also extending its collaboration to offshore wind power and services
IBERDROLA and Gamesa Eólica have signed a new wind turbine supply and maintenance framework agreement, extending their current collaboration through to 2022.
This new agreement is more appropriate for the current market situation and creates a more flexible, viable and stable framework allowing both companies to continue to play a leading role in the wind power sector and collaborate on the most important projects.
Under this new agreement, IBERDROLA pledges to buy 50% of its wind turbines from Gamesa Eólica between 2013 and 2022 or up to the date at which 3,800 MW in turbine capacity is acquired, cementing Gamesa Eólica’s position as IBERDROLA’s wind turbine manufacturer of choice.
This new agreement also contemplates future collaboration in offshore wind power. IBERDROLA is committed to promoting offshore wind farms as one of the cornerstones for future growth, with currently over 10,000 megawatts (MW) of project pipeline. The companies will also jointly develop new maintenance services to improve efficiency.
IBERDROLA already has around 9,000 MW of capacity from the nearly 13,500 MW it has installed worldwide using Gamesa wind turbines. Gamesa also supplies IBERDROLA with the technology for some of its most important wind projects. These include the 10 wind farms being built in Brazil with 288 MW of capacity, activities in Romania and the company’s first two wind facilities in Asturias.
Another important feature of this agreement is the maintenance contract awarded to Gamesa covering around 4,000 MW of capacity. This will cover Gamesa’s G4 and G5 models which are out of guarantee and installed in wind farms in Spain and Portugal (1,748 MW of capacity). The service contract for its G8 turbines, for a further 2,312 MW, is also extended by one year.
With renewable operations in 23 countries, IBERDROLA is the world leader in its sector by both installed capacity (nearly 13,450 MW at the end of September 2011) and output (over 20,700 million kilowatts hours generated in the first nine months this year).