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Gamesa Sells the Third Polish Wind Farm to RWE Innogy

Source: www.gulfoilandgas.com 8/6/2012, Location: Europe

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Gamesa, a global technology leader in wind energy and a reference in the market for wind farm development and sales, has completed the sale of the Taciewo wind farm in Poland to RWE Renewables Polska, a subsidiary of German power company RWE Innogy GMBH. The transaction marks Gamesa's third sale in a year and a half of a Polish wind farm to Germany's RWE Innogy, following agreements signed in July (the 14-MW Krzecin wind farm) and January 2011 (the 32-MW Piecki wind farm; in this case also to HSE Regenerativ). Gamesa developed and built the Taciewo project -which features total installed capacity of 30 MW- in the Podlaskie region of northeast Poland. The site is equipped with 15 G90-2.0 MW turbines.

Taciewo will generate over 65,000 megawatt-hours of electricity per year, enough to meet the equivalent requirements of over 32,500 Polish households per year and to avoid 65,000 tons of CO2 emissions. With this deal, Gamesa strengthens its wind farm development and sales business in Eastern Europe, which is based mainly in Poland, Romania and Bulgaria. Gamesa's wind energy project portfolio in Poland amounted to 786 MW as of June 2012, while its portfolio across Eastern Europe totalled more than 2,500 MW.

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