SPAIN'S WIND IN FRANCE, GERMANY, CHINA

Gamesa Sells Wind Farms To European Private Equity Group; Signs Turbine Supply Agreement

25 July 2012 (North American Windpower)

“Gamesa says it has reached an agreement to sell three wind farms in France and one in Germany to KGAL GmbH & Co. a German capital asset manager.

“…[T]he Quatre Vallees I and Quatre Vallees II [soon to start construction] wind farms , with a capacity of 12 MW and 20 MW respectively, are each located in…northeastern France. The Souvigne wind farm, with a nameplate capacity of 8 MW, is located in…western France. They are all equipped with the G90X-2.0 MW wind turbine…”

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“…[T] he 16 MW German Sarow wind farm, located in northeastern Germany, is under construction, and will also be equipped with the G90X-2.0 MW turbine.

“…Gamesa has [also] signed a deal to supply 24 of its G87-2.0 MW Class S wind turbines to Chinese company Huadian Group [by August 31] for a wind farm in Liyushan, Fujian Province, China…[Gamesa has made design improvements in] the G87-2.0 MW Class S wind turbine…[for near] Class I condition sites, increasing energy production by more than 8%...”

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