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Gamesa sells six German wind farms to IKEA Group


Published Sep 13, 2010
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Gamesa

Gamesa has sold a total of six German wind farms in four locations with combined installed capacity of 45.05 MW to IKEA Group in Germany.

The wind assets are in Lower Saxony (Oberende), Hesse (Diemelsee I and II) and Rhineland-Palatinate (Winterspelt I and II and Zettingen), in northwest and southwest Germany, respectively. The projects have been recently developed by Gamesa. The latest extension of the project in Zettingen is currently being constructed. This transaction marks further progress in Gamesa's strategy for developing and enhancing the value of its wind farm portfolio, which totals 22,000 MW on three continents.

Gamesa's German business dates to 2003, and it has since developed, built and put into operation more than 190 MW of proprietary wind assets. Gamesa's current project pipeline in Germany exceeds 500 MW at different stages of development.

Tags: Gamesa




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