IBERDROLA RENOVABLES BOLSTERS ITS PRESENCE IN THE US WITH THE INSTALLATION OF NEW WIND FARMS

• The company has 547.7 MW under construction in the country
• Work has just began on the Star Point facility which will join the Cayuga Ridge and Rugby farms, where construction started a few months ago
• IBERDROLA RENOVABLES is present in 20 states and owns 34 wind farms in operation in the country
• At 31 March, installed capacity in the US was 3,031 MW

Work has just began on the Star Point facility in Oregon which will have 98.7 MW installed capacity. This wind farm is in addition to several other projects which have started in recent months: Rugby (North Dakota), with 149 MW; and Cayuga Ridge (Illinois), with 300 MW.

This will give IBERDROLA RENOVABLES a total of 547.7 MW under construction in the US. Once in operation the wind farms could avoid the emission of 180.000 tons of C02 and supply electricity to 250,000 average US households a year.

Last week IBERDROLA RENOVABLES dedicated the Lempster facility in New Hampshire with installed capacity of 24 MW and which will be able to supply electricity to some 10,000 US households a year.

The company, which is present in 20 states, has 34 wind farms in operation in the US. At 31 March, installed capacity in the US totaled 3,031 MW, 31.4% of the group’s total (9,624 MW).

The US represents one of the main markets for IBERDROLA RENOVABLES and is where a large part of its growth is concentrated. Forty-two percent of the company’s project pipeline –the largest in the world with close to 56,000 MW, is located there. The company has more than 800 employees in the US.

The Obama administration’s support for the development power plants based on renewable energy sources is one of keys to the sector’s future growth in the country. In addition to the new financial measures approved as part of the economic stimulus package (which will help financing for projects, among other issues), Congress is expected to pass a new energy act which could include obligatory nationwide renewable portfolio standards.

For more information, www.iberdrolarenovables.es

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