IBERDROLA awards Gamesa contract to supply wind turbines for its El Cabo wind farm in the United States
- UNDER THE TERMS OF THE AGREEMENT, GAMESA WILL BE IN CHARGE OF INSTALLING 142 STATE-OF-THE-ART G114 MODEL WIND TURBINES, EACH WITH A UNIT CAPACITY OF 2.1 MW
- WITH A CAPACITY OF 298 MW, THIS NEW RENEWABLE ENERGIES FACILITY, FOR WHICH THE BUDGET ALLOCATED IS ABOUT US$500 MILLION, WILL SUPPLY CLEAN ENERGY TO SOME 900,000 HOUSEHOLDS IN THE NEW MEXICO AREA
IBERDROLA, via its U.S. Subsidiary AVANGRID Renewables, has awarded Gamesa the contract to supply the wind turbines for its El Cabo wind farm, which is located in the state of New Mexico in the south of the United States.
According to the contract signed by the two parties, Gamesa will supply 142 G114 turbines with a unit capacity of 2.1 megawatts (MW), to equip this wind power project by IBERDROLA. Delivery of the wind turbines is due to commence in March of next year and the facility will be commissioned from June 2017 onwards.
El Cabo will have a capacity of 298 MW. It will be capable of generating clean electricity for about 900,000 households and is one of the most important renewable projects carried out by the IBERDROLA Group to date. This wind farm will be set up in the south of Torrance County. It will entail an approximate investment of over US$500 million.
IBERDROLA has already secured the sale of the energy generated by this facility in a Power Purchase Agreement(PPA), a contract that guarantees the profitability of the energy plants in the country for a long period of time.
The PPAs that have been signed for most of IBERDROLA’s wind farms in the United States have ensured stability for the company’s investments in this strategic market. This is one of the most important reasons for its commitment to the renewables area in this country.