Gamesa Sells Chestnut Flats Wind Farm to enXco

LANGHORNE, Pa.--(BUSINESS WIRE)--Gamesa, a world leader in the design, manufacture, installation and maintenance of wind turbine generators and the development, construction and sale of wind farms, today announced that enXco, an EDF Energies Nouvelles Company, has executed a purchase agreement to acquire the Chestnut Flats Wind Farm in Pennsylvania.

“With the sale of the Chestnut Flats project to enXco, Gamesa continues to demonstrate our capabilities not just as a world leader in the manufacture of wind turbines but also as an industry leader in the development, construction and sale of wind farms here in North America”

Chestnut Flats will be the third wind farm Gamesa has developed in Pennsylvania. Gamesa developed and built the 38-megawatt Chestnut Flats Wind Farm in Logan Township, Blair County, northwest of Altoona, Pa. The project features 18 G90-2.0 MW and one G87-2.0 MW Gamesa wind turbines, each having two megawatts of rated capacity.

Full ownership of Chestnut Flats will transfer to enXco, subject to satisfaction of typical closing conditions, which is expected by the end of the 2011.

“With the sale of the Chestnut Flats project to enXco, Gamesa continues to demonstrate our capabilities not just as a world leader in the manufacture of wind turbines but also as an industry leader in the development, construction and sale of wind farms here in North America,” said Jiddu Tapia, Gamesa’s Chief Development Officer for North America.

Tristan Grimbert, president & CEO of enXco, stated, “We are very pleased to bring Chestnut Flats Wind into our growing generation portfolio. This marks our first operational wind asset in Pennsylvania and we look forward to developing a long-term relationship with the landowners and local community.”

Gamesa also built the 80-megawatt Allegheny Ridge Wind Farm and 70-megawatt North Allegheny Wind Farm in southwestern Pennsylvania. The nearby 50-megawatt Sandy Ridge Wind Farm is under construction, and completion is planned for the end of the year.

Pennsylvania currently has 17 operating wind farms with a production capacity of 818 megawatts, with another 100 megawatts under construction. Approximately 40 percent of Pennsylvania’s currently installed wind capacity comes from Gamesa --- either through projects Gamesa developed directly or through projects developed by others using the turbines manufactured by Gamesa.

The 38MW Chestnut Flats Wind Farm is the first of the 518 megawatts being developed and constructed by Gamesa in the U.S. and scheduled to go commercial by the end of 2012.

About Gamesa:

Gamesa Technology Corp., Inc. (www.gamesacorp.com/en/), a global leader in the design and manufacture of wind turbines and the development, construction and sale of wind farms, has installed more than 23,000 MW in more than 30 countries worldwide. Gamesa entered the North American market in 2005 and built two manufacturing plants, a nacelle plant and a blades facility, both in Pennsylvania. Since entering the market, Gamesa has supplied wind turbines to more than 27 wind farms in the United States. In 2010, Gamesa ranked No. 3 in the United States for total wind power installations, according to the American Wind Energy Association. Gamesa also exports its U.S.-manufactured turbines to North and Central American countries.

About enXco, an EDF Energies Nouvelles Company:

enXco (www.enxco.com), an EDF Energies Nouvelles Company (www.edf-energies-nouvelles.com), develops, constructs, owns, operates and manages renewable energy projects throughout the United States. For more than two decades, we have been a leader in wind-energy focusing on large-scale wind projects. Today enXco’s portfolio includes solar and biomass technologies, in an effort to help drive our nation’s transition to a sustainable energy economy. enXco is a significant owner and developer of wind-energy installations in the United States, and is the leading third-party operations & maintenance provider for wind farms in North America.