Gamesa: Agreement with the Austrian Company Andritz Hydro

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Gamesa has entered into an agreement with the Austrian Company ANDRITZ HYDRO  for the delivery of 90 units of last generation permanent magnets generators for the power plant ASHTA in Drin River (Albania) to be operated by Austrian Utility VERBUND.

In this plant, designed according to the innovative HYDROMATRIX? technology developed by ANDRITZ HYDRO, green energy is obtained by means of hydraulic turbines submerged in water, making use of an existing civil structure, hence minimizing the environmental impact, and allowing a more efficient use of natural resources. The plant is scheduled to begin operation in 2012.
With this order Gamesa reinforces its commitment to renewable energy and its leading position in R & D in the market of permanent magnet electric machines, by means of high performance equipment designed and developed in his factory Cantarey Reinosa.
About  Gamesa
Gamesa is a company specialized in developing technologies and R & D for energy sustainability, mainly wind power. It is a leader in Spain and is positioned among the world's wind turbine manufacturers.

Gamesa has installed over 18,000 MW of wind turbine capacity worldwide. Those turbines' annual output amounts 4 million tonnes of oil equivalent (toe) per year and avoids close to 27 million tonnes of CO2 emissions per year.

Gamesa is also a world leader in the development, construction and sale of wind farms, having installed over 3,600 MW, and it owns a portfolio of 22,000 MW of wind farms at varying stages of development in Europe, America and Asia.

The company employs over 6,300 people worldwide and has production facilities in Europe, the USA, China and India.

Gamesa Corporación Tecnológica S.A.
Investor's Office
Ramón y Cajal 7-9
01007 Vitoria, Álava
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