March 4 (Bloomberg) -- Gamesa Corp. Tecnologica SA, Spain’s largest turbine maker, has agreed to develop with Banco Santander SA as much as 500 megawatts of wind-power capacity in Mexico.
The wind farms will be developed in the state of Oaxaca during the next three years, Zamudio, Spain-based Gamesa said today in a statement on its website. The company already has installed more than 1,000 megawatts of capacity in Mexico, according to the statement.
Financial terms weren’t disclosed.
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