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The United States Department of the Treasury grants $29 million to Gestamp Wind

Gestamp Wind receives in the United States $29 million out of the incentive funds for the renewable energy sector due to the investment made in the wind farm Petersburg (Nebraska)

(Madrid, April 2, 2011) Gestamp Wind, the wind energy division of Gestamp Renewables (Corporation Gestamp) has been granted with $29 million by the United States Department of the Treasury. This was given as part of their legal framework to incentive the economy, due to the start up of the commercial operation of the wind farm Petersburg, in the state of Nebraska. The wind farm is composed by 27 turbines with GE Technology of 1,5 Mw each, summing up 40 Megawatts of nominal installed power. Javier Mateache, CEO of Gestamp Wind North America, stated that Gestamp wind has received a total of $106 million given as cash grants he also stated We have a total of 150 MW operating in the United States and 26 MW under construction in Puerto Rico, all of them with long term PPA contracts. To date, the activities of Gestamp Wind in the United States consist of one third of our total global business About Gestamp Wind Gestamp Wind is the wind energy division of Gestamp Renewables, specialized in the development, construction and operation of wind farms with projects in Europe, Brazil, EEUU, Turkey and South Africa. Gestamp Wind is one of the leading companies in the wind energy business. Gestamp Wind integrates vertically, the development, construction and operation of wind farms. The company has over 480 Mw in operation and an important pipeline of over 1,400 MW in the different markets where the company is currently active. About Gestamp Renewables-Corporacin Gestamp Corporacin Gestamp, the parent company of Gestamp Renewables, is a multinational leader in Europe in the steel, automotive components and renewable energy sectors it is currently present in over 25 countries throughout Europe, the Americas and Asia, with

over 120 plants. Composed by a global workforce of over 30,000 employees, Corporacin Gestamp had total revenues of over 7 billion in 2011. Gestamp Renewables (www.gestampren.com), a division of Corporacin Gestamp, is an industrial group that operates and supplies components within the renewable energy sector. Since 2005, Gestamp Renewables has aspired to position itself as an international leader within the renewable energy sector, using a unique and integrated business model encompassing the entire value chain from the manufacture and supply of components, to the development, construction, maintenance and operation of wind, solar and biomass energy projects.

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