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MOVENTAS INCREASES WIND TURBINE GEAR DELIVERIES TO INGETUR

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Moventas of Finland has agreed on substantial deliveries of wind turbine gears to the Spanish company Ingetur, which is a part of an ACCIONA Group. The agreement refers to deliveries that will take place in 2006.

Moventas will increase its serial deliveries of wind turbine gears to Ingetur in 2006. The delivery will consist of gears for the customer's wind turbines in the 1.5-megawatt class and for which Moventas' gear solution was chosen since the beginning of the turbine's production history. This supply is a part of Ingetur's expansion plans in Spain and other countries.

The delivery will include a planetary/helical-type of gearbox specially designed to fit Ingetur's specifications. "As a result of this mutual agreement, our cooperation with Ingetur, which has lasted for several years, will further enhance our long standing relationship," says Jyrki Virtanen, Senior Vice President, Moventas Wind Gears.

About Moventas

Moventas, previously Metso Drives, is one of the leading experts in mechanical power transmission. The company designs, manufactures and markets power transmission solutions and services for process and energy industries. In 2004 the net sales of the company was EUR 157 million and it employed 900 persons in eight locations in Finland, Germany, Sweden, Canada and the USA.

About Ingetur

Ingetur is a subsidiary of ACCIONA Energía, the world leader in the renewable energy sector. In wind power, the company has put 2,549 MW into service in 91 wind parks in six countries, almost all of them operated by EHN. Through its subsidiary Ingetur, it produces a 1,500 kW wind turbine using in-house technology.

For further information, please contact:

Jyrki Virtanen
Senior Vice President
Wind Gears,
Moventas Oy
Tel. +358 20 184 7693