RWE expands Spanish wind farm interest

German energy company RWE Innogy, via Spanish subsidiary Agrupacio Energias Renovables S.A.U. (AERSA), has acquired a 23.75 percent interest in Spanish wind farm operator Exploraciones Eolicas de Aldehuelas, increasing its share in the company to 45 percent.

RWE Innogy is taking over the shares of Madrid-based wind farm developer Preneal. Explotactiones Eolicas de Aldehuelas operates the Las Aldehuelas wind farm with an installed capacity of 47.2 MW in the Spanish province of Castile-Leon near the city of Soria. The Las Aldehuelas wind farm comprises 59 wind turbines in the 800 kW class from Spanish manufacturer Gamesa. The wind farm came on line in 2005.Last year, RWE Innogy already bought six onshore wind farms with a total installed capacity of 150 MW from the Spanish wind power operator, Urvasco Energía S.A., bringing its total installed wind power capacity in Spain to more than 320 MW. Good wind conditions and a variable tariff rate for renewable energies have made Spain an attractive region for RWE to develop wind power. Spain aims to have wind power plants with a capacity of 20,000 MW in operation by 2010.
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