GE Energy has signed a global frame agreement with the renewable area of EDP - Energias de Portugal, SA to supply wind turbines totalling more than 500MW of new capacity for wind projects to be developed during 2008 and 2009 in Europe and the USA.
Total value of the agreement will be US$ 730 million. Under the frame agreement with EDP, GE will supply Neo Energia, the European renewable branch of EDP, with 80 2.5xl wind turbines for new wind projects in Europe and provide Horizon Wind Energy LLC, EDP's American branch, with 201 1.5MW wind turbines for projects in the United States, at sites yet to be determined.
