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IBERDROLA RENOVABLES’ installed capacity exceeds 10,000 MW


The company has installed 2,054 MW in 12 months, reinforcing its position as world leader

- More than half of the capacity added (1,121 MW) was in the US, taking the total there to 3,104 MW

- The company’s global power production rose 23.7% to 10,558 million kWh

IBERDROLA RENOVABLES ended the first half of 2009 with 10,003 MW of installed capacity, strengthening its position as the world’s leading wind energy company.* This represents an increase of 2,054 MW (25.8%) from the same period last year.

This capacity of 10,003 MW, equivalent to 10 average-sized Spanish nuclear power plants, could avoid the emission of 8,000,000 tonnes of CO2 a year and supply power to some 20 million Spaniards (45% of the population).

More than half of the new capacity (1,121 MW) was installed in the US, taking the total there to 3,104 MW as of 30th June, 56.6% higher than the year-earlier figure. A significant part of the company’s growth is taking place in the US, due, among other factors, to a favourable regulatory environment.

Installed capacity in the UK, another of IBERDROLA RENOVABLES’ priority markets, rose 48.8% to 790 MW.

In Spain, installed wind energy capacity stood at 4,730 MW at 30th June, marking a 347 MW increase over the previous 12 months. The company also has 342 MW of small-scale hydroelectric power in Spain, and 50 MW at the company’s first solar thermal plant in Puertollano. In total renewable capacity in the country amounts to 5,124 MW or 51.2% of total installed capacity.

Castilla La Mancha has the highest installed capacity among the autonomous regions, with 1,981 MW at the end of the first half of the year, followed by Castilla y León (1,120 MW), Galicia (627 MW), Andalucía (512 MW), Aragón (278 MW), La Rioja (248 MW), País Vasco (153 MW), Murcia (76 MW), Valencia (56 MW), Navarra (44 MW), Cantabria (23 MW), Extremadura (5 MW) and Madrid (1 MW).

In the rest of the world, installed capacity at 30th June stood at 985 MW, 38.7% higher than the year before. The company has 235 MW in France, 217 MW in Greece, 161 MW in Poland, 92 MW in Portugal, 80 MW in Mexico, 63 MW in Germany, 50 MW in Hungary, 49 MW in Brazil, and 38 MW in Italy.

Between January and June 2009, the company’s installed capacity increased by 701 MW, as follows: 257 MW in Spain, 227 MW in the US, 125 MW in the UK and 92 MW in the rest of the world.

Electricity production at IBERDROLA RENOVABLES rose 23.7% to 10,585 million kWh in the 12 months to 30th June, with wind power in Spain accounting for 44% (4,658 million kWh). The largest increases were in the UK (57.5%) and the US (45.3%). Of the total, 96.8% (10,249 million kWh) of the energy generated by the company is wind power.

* Source: New Energy Finance



This document has been prepared by IBERDROLA RENOVABLES, S.A. (the “Company”) exclusively for use in relation with the first half 2009 capacity and production. As a consequence thereof, this document cannot be disclosed or published, nor be used by any person or entity for any other reason without the prior written consent of the Company.

The Company does not assume any liability for the content of this document if used for different purposes thereof.

The information and any opinions or statements made in this document have not been verified by independent third parties; therefore no express or implied warranty is made as to the impartiality, accuracy, completeness or correctness of the information or the opinions expressed herein.

Neither the Company nor its subsidiaries or other companies of the Iberdrola Group or its affiliates, nor its counsels or representatives assume liability of any kind, whether for negligence or any other reason, for any damage or loss arising from any use of this document or its contents.

The information contained in this document on the price at which securities issued by Iberdrola Renovables have been bought or sold or on the performance of those securities cannot be used to predict the future performance of securities issued by Iberdrola Renovables.

Neither this document nor any part of it constitutes a contract, nor may it be used for incorporation into or construction of any contract or agreement.


This document does not constitute an offer or invitation to purchase or subscribe shares, in accordance with the provisions of the Spanish Securities Market Law (Law 24/1988, as amended and restated from time to time), Royal Decree Law 5/2005 and/or Royal Decree 1310/2005 and its implementing regulations.

In addition, this document does not constitute an offer of purchase, sale or exchange, nor a request for an offer of purchase, sale or exchange of securities, nor a request for any vote or approval in any other jurisdiction.

Particularly, this report does not constitute an offer to purchase, sell or exchange or the solicitation of an offer to purchase, sell or exchange any securities in the United States of America. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the US Securities Act.


This communication contains forward-looking information and statements about IBERDROLA RENOVABLES, S.A. and otherwise, including financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, capital expenditures, synergies, products and services, and statements regarding future performance. Forward-looking statements are statements that are not historical facts and are generally identified by the words “expects”, “anticipates”, “believes”, “intends”, “estimates” and similar expressions. Prior results cannot be used as indicators of future performance.

Although IBERDROLA RENOVABLES, S.A. believes that the expectations reflected in such forward-looking statements are reasonable, investors and holders of IBERDROLA RENOVABLES, S.A. shares are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of IBERDROLA RENOVABLES, S.A., that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include, among others, those discussed or identified in the public documents sent by IBERDROLA RENOVABLES, S.A. to the Comisión Nacional del Mercado de Valores.

Forward-looking statements are not guarantees of future performance and they have not been reviewed by the auditors of IBERDROLA RENOVABLES, S.A. You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date they were made. All oral or written forward-looking statements attributable to IBERDROLA RENOVABLES, S.A. or any of its members, directors, officers, employees or any persons acting on its behalf are expressly qualified in their entirety by the cautionary statement above. All forward-looking statements included herein are based on information available to IBERDROLA RENOVABLES, S.A. on the date hereof. Except as required by applicable law, IBERDROLA RENOVABLES, S.A. does not undertake any obligation to publicly update or revise any forward-looking information or statements, whether as a result of new information, future events or otherwise.

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