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GLOBAL ● RELIABLE ● INNOVATIVE

GLOBAL ● RELIABLE ● INNOVATIVE. 3 business units dedicated to wind power. GAMESA BUSINESS UNITS. 2010 Statistics. REVENUE:. $3.5 B. GLOBAL HEADQUARTERS. BILBAO, SPAIN. STAFF:. 7,200 EMPLOYEES. WIND TURBINE MANUFACTURING. MANUFACTURING CENTERS:.

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GLOBAL ● RELIABLE ● INNOVATIVE

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  1. GLOBAL ● RELIABLE ● INNOVATIVE

  2. 3 business units dedicated to wind power GAMESA BUSINESS UNITS 2010 Statistics REVENUE: $3.5 B GLOBAL HEADQUARTERS BILBAO, SPAIN STAFF: 7,200 EMPLOYEES WIND TURBINE MANUFACTURING MANUFACTURING CENTERS: SPAIN/USA/CHINA/INDIA/BRAZIL IN DEVELOPMENT GLOBAL INSTALLED BASE 21,000MW GLOBAL RANKING 2010 4* U.S. RANKING 2010, COD 3 OPERATIONS AND MAINTENANCE WIND FARMS *Installed base

  3. Growth – 30 Countries and growing INSTALLATIONS Europe 14,586 MW Americas 2,766 MW Asia 1,726 MW N. Africa 756 MW 2010 Total Global Sales : 2,405 MW

  4. Global Manufacturing CAPACITY USA > 1,200 MW EUROPE > 2,000 MW ASIA > 1,200 MW Brazil in development UK in development ANNUAL > 4,400 MW 30 Production Centers Components Nacelle Assemblies Blades Gearboxes Generators Electrical Control Boxes

  5. Significantinvestments in R&D…focused on new technology and product improvements • 7 R&D centers in Spain, US, Singapore & China. Planned centers:United Kingdom, India (Chennai), & Brazil. • Over $395 Million invested over last 5 years • Investment to exceed $220Millionover the next 3 years • 162 registered patents at the end of 2009 • Gamesa leads and takes part in advanced R&D Wind Energy programs in Spain, the U.S. and the rest of Europe

  6. Gamesa US Overview US Headquarters, Langhorne, PA Design, manufacture, and development of wind turbines and farms Nacelle Center of Excellence , Fairless Hills PA Blade Center of Excellence , Ebensburg, PA Offshore Wind Technology Center, Chesapeake VA 900+ employees 2,400 MW installed in the U.S. $200M invested since 2005 in PA

  7. Gov Bob McDonnell Gamesa Goes Offshore ..UK & US 2 New platforms: G11X 5.0MW and G14X 6.0/7.0MW Global Offshore Headquarters in London Potential sites in Scotland, total investment of €50MM R&D engineering center in Glasgow Manufacturing facilities and service port in Dundee U.S Offshore Wind Technology Center….. In Partnership with Northrop Grumman (Newport News Shipbuilding) U.S . Center opens February 2011, Chesapeake, Va 50 engineers jointly working to design the G11X Design, development, and testing of G11X prototype Installation of 2 prototypes by 2012 along the Mid-Atlantic coast First offshore turbine to be developed in the US

  8. Corporate perspective…simply “globalization” • 1,600MW sold in 2004 • Top markets: Spain, Italy, Portugal, & China U.S. Market receptive to wind (2004) • Dynamic market conditions • Positive signs…Estimates showed the U.S. could top 15,000 MW of total installed capacity by the end of 2009 • 7 states plus DC legislated RPS’s • 500 utilities in 34 states offered green pricing programs • Early 2005 Project announcements of large projects, 4 of the top 5 were 200+MW PTC Thank You

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