Tower Tech sells wind towers to Gamesa Eolica

Tower Tech of Wisconsin has reached an agreement to produce and deliver 56 large wind turbine towers to an affiliate of Gamesa Eolica—one of the largest suppliers of wind power systems in the world.

Gamesa Eolica's subsidiary is buying 56 of Tower Tech's model G87 structures with delivery of the first two towers slated for February 10, 2007, with no less than two towers to be delivered every week thereafter. No financial terms were disclosed.

The four-section towers are 78 meters when erected.

The agreement also provides Tower Tech with an opportunity to elect to supply steel for the towers.

“This follow-on contract underscores the success with which Tower Tech has met Gamesa’s high standards for quality and reliability. We look forward to even more success in our relationship with Gamesa over the coming year,” said Samuel Fairchild, CEO of Tower Tech Holdings.

Tower Tech said it expects to make more customer announcements in the next several weeks.

Tower Tech is headquartered in Manitowoc, Wisconsin.

The company believes it has one of the largest production capacities of any wind tower manufacturer in North America.

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