Gamesa Wins Iberdrola Contracts to Service 1197 Wind Turbines

Gamesa, a global technology leader in the wind power industry, has secured a contract to provide operation and maintenance (O&M) services at 80 wind farms – with combined installed capacity of 2,286 MW — owned by Iberdrola in Spain and Portugal.

The company will handle maintenance for three years – with an option to extend the deal for another two years — on 1,143 Gamesa 2.0 MW turbines.

In addition, Iberdrola awarded Gamesa a contract to manage operation and maintenance services at three Iberdrola wind farms in Hungary which have combined installed capacity of 108 MW. Under the terms of the agreement, the company will maintain 54 Gamesa 2.0 MW turbines for three years, with an option to extend the deal for another two years.

Gamesa manages maintenance on 6,000 MW of Iberdrola-owned turbines worldwide. The companies in late 2011 signed a framework agreement through which Iberdrola awarded Gamesa a three-year maintenance contract on 1,748.3 MW of Gamesa 650 kW and 850 kW machines in Spain and Portugal.

O&M services, key to the company’s growth

This contract strengthens Gamesa’s presence in the operation and maintenance services business, a key area for the company’s growth thanks to its recurring revenue, high profitability and cash flow generation. In addition, O&M is a vital tool for value creation in the development, availability and profitability of a wind farm, with the aim of lowering cost of energy (CoE).

Gamesa’s full-service approach in the industrial wind energy sector is rounded out by its O&M services business: a division managed by an international team which maintains more than 19,000 MW for 180 customers across the globe.