Gamesa to Build 70-Megawatt Project for Uruguay’s State Utility

(Bloomberg) — Gamesa Corp. Tecnologica SA, Spain’s largest
wind-turbine producer, agreed to develop a 70-megawatt power
plant for Uruguay’s state utility.

The Valentines project owned by Areaflin, a unit of state-owned utility UTE, will use 35 2-megawatt turbines, the Zamudio,
Spain-based manufacturer said in a statement on its website
Tuesday. Terms weren’t disclosed.

The power plant is expected to open in the third quarter of
next year, and Gamesa will operate and maintain it for 15 years.
Gamesa has installed 150 megawatts of capacity in Uruguay and
secured contracts for an additional 170 megawatts, including
this order, according to the statement.

As much as 6.4 gigawatts of wind power may be installed
this year in Latin America, mainly by Brazil, Mexico and
Uruguay, according to a June 8 report by Amy Grace, lead wind-power analyst for Bloomberg New Energy Finance. About 4.7
gigawatts was added last year in the region.

To contact the reporter on this story:
Justin Doom in New York at

To contact the editors responsible for this story:
Reed Landberg at
Jim Efstathiou Jr., Steven Frank

About BloombergNEF

BloombergNEF (BNEF) is a strategic research provider covering global commodity markets and the disruptive technologies driving the transition to a low-carbon economy. Our expert coverage assesses pathways for the power, transport, industry, buildings and agriculture sectors to adapt to the energy transition. We help commodity trading, corporate strategy, finance and policy professionals navigate change and generate opportunities.
Sign up for our free monthly newsletter →

Want to learn how we help our clients put it all together? Contact us