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Gamesa and Iberdrola have signed a new framework agreement calling for the power company to purchase from Gamesa a minimum of 50% of the total turbine fleet it buys for its renewable energy business on Spanish and international markets between 2013 and 2022, or until the number of MW purchased totals 3,800MW, whichever comes first.

The new agreement extends the companies' joint efforts to other business areas which are strategic for Gamesa, including operation and maintenance services (O&M) and offshore wind energy. The new agreement replaces a contract signed by both companies in June 2008. Nonetheless, the rights and obligations of that framework contract remain intact for next year in terms of planned capacity of 502MW in 2012. The companies have also resolved to work together on operation and maintenance services. The power company will award Gamesa a three-year contract to service 1,748.3MW of its G4X-650kW and G5X-850kW turbine systems in Spain and Portugal. Moreover, Iberdrola will extend by one year the companies’ current contract for operation and maintenance (O&M) services on 2,312MW of its G8X-2.0MW turbines installed at wind farms in Spain and Portugal. The partners will embark on new areas of research in the provision of maintenance services (O&M); management of these services in the USA, and other programmes for enhancing the reliability of wind turbines, extending their life cycle and wind turbine conversion. In the offshore business, they will work closely together on new opportunities, including the development and eventual supply of Gamesa turbines to Iberdrola.
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