ACCIONA Windpower to Supply 165 MW for IKEA's Largest Renewable Energy Project To Date

Developed by Apex Clean Energy, the Cameron Wind farm is located in South Texas---- The agreement includes 55 ACCIONA Windpower AW125/3000 turbines with a 20-year Full Service Warranty

Chicago, Ill – November, 18 2014. ACCIONA Windpower, an ACCIONA group subsidiary company dedicated to the design, manufacture and sale of wind turbines, has completed a turbine supply agreement with Apex Clean Energy, developer of the 165 MW Cameron Wind farm, which will be purchased by IKEA Group. The agreement includes the supply of 55 ACCIONA Windpower AW125/3000 turbines and a 20-year Full Service Warranty.

The Cameron Wind farm is located in South Texas, near the City of Brownsville, and marks the first installation of AW125/3000 turbines in the U.S. Each turbine installed at the Cameron Wind farm will have a rotor diameter of 125 meters and a 3 megawatt generator mounted on an 87.5 meter steel tower, a configuration that will deliver maximum energy production for the site.

ACCIONA plans to begin turbine deliveries in mid-2015, and the project is expected to reach commercial operation in late 2015. When completed, the wind farm will produce clean energy equivalent to the average annual electricity consumption of 59,000 U.S. homes and will be a key part of IKEA's commitment to produce by 2020 as much renewable energy as the company consumes globally. It will be the single largest renewable energy investment made by the IKEA Group globally to date.

"ACCIONA and IKEA share the same commitment to a clean energy future, and we are proud that our innovative wind technology was selected to help IKEA meet its global sustainability goals. We are also pleased to collaborate with Apex Clean Energy, a prominent and respected wind energy company," said Rafael Mateo, CEO of ACCIONA Energy.

"We are very pleased to be working with ACCIONA on this important project," said Mark Goodwin, Apex president. "The Texas gulf coast has a very unique wind resource, and Cameron Wind will harness this power to provide clean, homegrown, affordable energy to the residents of South Texas."

The Cameron Wind project expands the track record for the AW3000 platform to 465 MW in the U.S. and to over 2,000 MW globally, including orders for wind farms in the US, Canada, Mexico, Brazil, Chile, Spain, Poland, Turkey and South Africa. The AW3000 wind turbines are available in four rotor diameter configurations – 100, 116, 125 and 132 meters – and can be mounted on steel and concrete towers with hub heights between 84 and 120 meters.

Corporate information

ACCIONA Windpower designs and manufactures wind turbines with a capacity of 1.5 and 3 MW. It has turbine assembly plants − two in Spain, one in the USA, and a fourth that will enter service in Brazil towards the end of 2014. It also has a turbine blade manufacturing facility. It has supplied – or has contracts for - wind turbines totaling almost 6 GW in more than 100 wind farms in 18 countries. It is a subsidiary of ACCIONA Energa, a world leader in renewables with over 20 years' experience in the sector and 10,000 MW installed, either for the company or its customers.

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