Spanish wind-turbine maker Gamesa SA (GAM.MC) Friday said it reached a deal to provide wind turbines worth EUR6.3 billion to Iberdrola Renovables SA (IBR.MC), the renewables unit of Spanish power utility Iberdrola SA (IBE.MC.)
The wind turbines will have a joint potential to generate 4,500 megawatts in electricity in wind parks in Europe, Mexico and the U.S., Gamesa said in a note to the Spanish stock market regulator.
Gamesa, based in Bilbao, northern Spain, is one of the world's largest wind-turbine makers.