News

Gestamp Wind wins 114 new megawatts of wind power in Brazil

Date: 
10/Jan/2012
Category: 
Corporacion Gestamp, Gestamp Renewables, Gestamp Wind

(Madrid , December 27, 2011 ) . ANEEL ( National Electric Energy Agency ) has awarded Gestamp Wind , wind energy division of Gestamp Renewables (Corporación Gestamp ) , five projects in Rio Grande do Norte , Brazil, with a total capacity of 114 MW , achieving a 9.4 % of the total power allocated ( 1,211 MW).Gestamp Wind will have a power purchase agreement for 20 years, with a deadline for its launch in January 2016.


With this award , Gestamp Wind increases its international presence and reaffirms its commitment to wind development in foreign markets.


Dionisio...

Awarded 75 Wind Megawatts to Gestamp Wind in Southafrica

Date: 
16/Dec/2011
Category: 
Corporacion Gestamp, Gestamp Renewables, Gestamp Wind
Les Forques

AWARDED 75 WIND MEGAWATTS TO GESTAMP WIND IN SOUTHAFRICA

 

(Madrid, December 16th 2011). The 75MW Nobelsfontaine Wind Farm in Southafrica, promoted by Gestamp Wind, wind energy division of Gestamp Renewables (Corporación Gestamp), has been selected as “preferred bidder" and will have a power sales agreement for 20 years, with revenue of over 480 million Euros.

 

This farm, which Gestamp Wind promotes as major shareholder with its local partners, is located in Northern Cape region, and it will require an investment...

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...

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