Gamesa Wins 150-Megawatt Wind Turbine Order in Brazil

Gamesa Corp. Tecnologica SA (GAM), Spain’s biggest wind turbine maker, won a 150-megawatt order to supply, install and maintain devices in Brazil.

Gamesa will supply 75 G97 2-megawatt machines for five 30- megawatt wind farms in the town of Campo Formoso, Bahia state, the Zamudio-based company said today in an e-mailed statement. It won the order from a group comprising of Atlantic Energias Renovaveis SA and Casa dos Ventos.

Gamesa, which last year posted its first loss since selling shares to the public in 2000, is seeking to tap demand outside its home market of Spain, where the government last year ended subsidies to new renewables projects. The company began production in Brazil about two years ago and has secured contracts totaling 936 megawatts in the Latin American nation.

Installation of the wind turbines is due to begin in the second half of 2014 and end the following year, Gamesa said. The manufacturer will also handle operations and maintenance at the wind farms for 15 years, it said.

To contact the reporter on this story: Alex Morales in London at amorales2@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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