Tower Tech to supply wind towers to Spain's Gamesa

By: Thomas Content, Journal Sentinel

Tower Tech will supply wind towers to the Spanish wind turbine provider Gamesa Technology Corp. for wind farms that will be installed in the United States in the second half of the year.

Shares of Tower Tech's parent company, Broadwind Energy Inc., rose 16% after the announcement Tuesday.

The value of the contract wasn't disclosed. Naperville, Ill.-based Broadwind did not identify which of its three tower factories, located in Manitowoc, Texas and South Dakota, would gain work as a result of the deal.

The towers are scheduled for delivery to Gamesa in the last three months of 2010, according to Broadwind.

"Tower Tech specializes in the production of heavier and more complex wind towers, with which turbine manufactures like Gamesa seek to expand the geographic footprint of wind power," said Jess Collins, group president at Broadwind Energy, in a statement. "We are delighted to extend our long, successful supply relationship with Gamesa through this project."

The Manitowoc plant recently is building towers for another wind turbine maker, Vestas, for several wind farms. That plant will soon begin building tall towers for the largest wind farm in Wisconsin, to be built by We Energies. Those towers will also be sold to Vestas, the turbine provider for We Energies' Glacier Hills Wind Park.

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