- Published: 02 December 2005 02 December 2005
Gamesa Energía has signed its entry into the Scandinavian wind energy market on entering into a contract with the Swedish electrical supply company Vattenfall. The agreement consists in the undertaking to sell to Vattenfall the wind farms currently being developed, with a total installed wind power capacity of 200MW during the 2005-2010 period. The contract, that can reach approximately € 240 million, was signed in Madrid by Gordan Dandanell, Vattenfall's Head of Investment and Project Development and by Fernando Ferrando, on behalf of Gamesa. For Gamesa, this agreement is a step in their wind farm development strategy, as it implies entry into a new market, the Scandinavian one, from which it had so far been absent, in partnership with the Swedish national company.