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Prima / Noutati / IberdrolaRenovables grows Mexico presence with Gamesa wind farm buy-out
IberdrolaRenovables grows Mexico presence with Gamesa wind farm buy-out
12.01.2011  
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http://www.newenergyworldnetwork.com/renewable-energy-news/by-technology/wind/iberdrola-renovables-grows-mexican-presence-with-gamesa-wind-farm-buy-out.html

Spanish utility IberdrolaRenovableshas strengthened its presence in Mexico through the purchase of a wind farm from turbine major Gamesa.

The Bii Nee Stipa wind farm, located in the state of Oaxaca, has an installed capacity of 26MW.
Iberdrola has leveraged its Spanish roots to become a leader in the renewable energy industry in the country and will maintain its relations with Gamesa by deploying its turbines at all projects in Mexico.
The Bii Nee Stipa facility comprises 31 Gamesa-manufactured G52 wind turbines, each with the capacity to generate 850KW.
Iberdrola is also building a further wind farm, La Vente III, also in Oaxaca, which will deploy 121 Gamesa turbines.
Latin America focus
Strengthening its foothold in Latin America has long been a key focus for Iberdrola.
The company said its international strategy is targeted around countries with favourable legislation and that hold a great deal of potential in the renewable energy sector.
Both the UK and the US are now the company’s priority markets but Latin America is said to be an important element of its building on its growth in year’s to come.
In addition to Mexico, the energy generator has a wind farm in Brazil with an installed capacity of 49MW.
The company operates in 23 countries and at the close of the third quarter of 2010 had more than 12GW of installed capacity.


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