ACCIONA Windpower, an ACCIONA group subsidiary that manufactures and supplies wind turbines, and EDP Renováveis, an EDP group company that carries out wind power development projects through its subsidiary NEO, have signed a framework agreement for the supply of wind turbines (total capacity 382.5 MW) over the next three years. This figure could rise to 782.5 MW. The wind parks to which the turbines will be assigned could be either -at the discretion of EDP Renováveis- in Europe or North America.

ACCIONA Windpower will supply 1.5 MW wind turbines and, depending on the needs of EDP Renováveis, 3 MW machines in 2009-2011. Under the conditions of the contract this figure could be extended by a further 400 MW in the same period.

• The contract specifies the supply of 382.5 MW for the period covering 2009-2011. It could be extended by a further 400 MW
• The 1.5 MW wind turbines -and, optionally, 3 MW- could be installed in wind parks in North America and Europe
  

Framework agreement

The contract, in addition to the supply, installation, start-up and operation and maintenance of the wind turbines, gives the customer great flexibility when choosing the turbine model and class for each of its projects.
The contract constitutes a solid and wide-ranging cooperation agreement between the two companies, both of them expanding rapidly in the world wind power sector: ACCIONA Windpower -the seventh world manufacturer of wind turbines in only four years of existence- and EDP Renováveis -the fourth world operator in the wind power sector-.

Corporate information

ACCIONA Windpower manufactures commercializes and assembles wind turbines. Since 2004 it has been producing its own 1.5 MW wind turbine -1,767 MW installed to date- and it will shortly present a new 3 MW model. At the end of 2008 AW will have turbines installed in twelve countries, making it a global supplier in the sector. ACCIONA Windpower belongs to the ACCIONA group, one of the main Spanish corporations in the field of infrastructures, services and renewable energies. Since 2007 ACCIONA has been the world leader in the Dow Jones Sustainability Index It has a workforce of over 35,000 worldwide and is quoted on the Spanish IBEX-35 (ANA.MC) index with a capitalization of over 11 billion euros.

EDP Renováveis is a world leader in the renewables sector, and is currently the fourth operator in the wind power sector worldwide. It is present in the Iberian Peninsula, France, Belgium, Poland and the USA, and is continuing to expand to other countries. The main shareholder in EDP Renováveis is the EDP group, the biggest industrial group in Portugal and one of the main European energy companies. It is currently the third-largest operator in the Iberian Peninsula and works in the fields of generation, distribution and marketing of electricity and gas, both in Portugal and in Spain. In addition to its leadership position in the Iberian Peninsula, the EDP group also has a major presence in the electric power sector in Brazil.