News

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...

Gestamp Wind starts the operation of a new wind farm in Maryland (USA) with 50 Megawatts

Date: 
12/Jul/2011
Category: 
Corporacion Gestamp, Gestamp Wind
ROTH ROCK

(Madrid, July 11, 2011) Gestamp Wind, the wind energy division of Gestamp Renewables ( Corporacion Gestamp) has started the commercial operation of the wind farm Roth Rock, in the Garret county, Maryland. (USA)

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 production, 80% will be sold to Delmarva (Utility) through a 20 years power purchase Agreement. The 20% left will be sold through two contracts with dependent state...

Gestamp Wind has 60 MW of Wind Power operating in the U.S

Date: 
18/Jan/2011
Category: 
Corporacion Gestamp, Gestamp Renewables

Gestamp Wind concluded the launching of its first wind farm in Nebraska, USA, which has an installed capacity of 60 MW.

This last December Gestamp Wind a division of Corporacion Gestamp put into commercial operation after the proper testing and adjustment period a wind farm at Flat Water, Nebraska (U.S).

The park has installed a power capacity of 60 megawatts and consists of 40 General Electric turbines (GE 1.5xls). 1.5 MW of capacity per turbine. The park expects to surpass the 225 Grh annual power production which will be sold to Omaha Public Power District with a 20-year...

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