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GESTAMP WIND DEDICATION CEREMONY FOR ROTH ROCK A WIND FARM OF 50 MW

Date: 
14/Nov/2011
Category: 
Corporacion Gestamp, Gestamp Renewables, Gestamp Wind

(Madrid, November 14, 2011) On Tuesday November 8, Gestamp Wind, the wind energy division of Gestamp Renewables (Corporation Gestamp) had a dedication ceremony for the wind farm Roth Rock, in the Garret County-Maryland.

The wind farm is composed by 20 turbines with Nordex Technology of 2, 5 Mw each, summing up 50 Megawatts of nominal installed power.

Out of the 50 MW energy production, 80% will be sold to Delmarva Power (Utility) through a 20 years power purchase Agreement. The 20% left...

The United States Department of the Treasury grants $32 million to Gestamp Wind

Date: 
16/Sep/2011
Category: 
Gestamp Wind, Gestamp Solar, Corporacion Gestamp
roth ro1

Gestamp Wind receives in the United States $32 million out of the incentive funds for the renewable energy sector due to the investment made in the wind farm Roth Rock (Maryland)

 

 

(Madrid, September 16, 2011) Gestamp Wind, the wind energy division of Gestamp Renewables (Corporation Gestamp) has been granted with $32 million by the United States Department of the Treasury. This Cash Grant in lieu of the Investment Tax Credit was given within an exceptional window that ends December 2011 and into the...

Gestamp Wind has been awarded with two new wind farms in Brazil

Date: 
26/Aug/2011
Category: 
Corporacion Gestamp, Gestamp Solar, Gestamp Wind
cabezo pretoo

(Madrid, August 26, 2011) Gestamp Wind, the wind energy division of Gestamp Renewables (Corporación Gestamp), has been awarded with two new wind energy sale contracts with a period of 20 years in Brazil. These wind farms sum up a total of 48 MW and with them, Gestamp Wind will now have 240 MM in Brazil.

 With these two new wind  farms, a total of over 70 million Euros of additional investment will be brought to Brazil, the forecasted revenues are of over 130 million Euros and an the estimated EBITDA is of over...

Brazilian Government Authorizes Gestamp Wind to Bid for 260 MW in the Next Auction

Date: 
04/Aug/2011
Category: 
Gestamp Wind, Corporacion Gestamp
brazil

(Madrid, August 4, 2011) Gestamp Wind, wind energy division of Gestamp Renewables (Corporación Gestamp), has been given permission by the government energy agency to bid for 260 MW in the auction happening August 17, in Brazil.

Gestamp Wind, to date has nine wind farms (190 MW) in the north east of the country. Two of this wind farms are operating and the rest are under construction; with a total investment of 338 millions of Euros. Gestamp Wind has registered eleven new projects for the next Aneel auction, expected to be held August 17.

If the wind farms are awarded to...

Gestamp’s Wind first project in Turkey enters into commercial operation.

Date: 
21/Jul/2011
Category: 
Corporacion Gestamp, Gestamp Wind
Turgut Tepe

Gestamp Wind premieres in Turkey with the commissioning of its first wind farm in this country. A 24 megawatts project that involves a €35M investment and provides enough clean energy to power 30,000 homes annually.

Located near Bodrum town, the wind farm electricity production shall improve the positive effects on the environment, avoiding 47,554 tons per year of CO2 and providing a purifying effect equivalent to 2.38 million trees.

The farm commissioning is not the first group activity in...

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