Iberdrola Renovables wins wind farm contract

MADRID, June 10 | Wed Jun 10, 2009 2:16pm EDT

MADRID, June 10 (Reuters) - Spanish wind power generator Iberdrola Renovables IBR.MC has won a contract to build 298 megawatts of wind farms in Valencia, southeast Spain, a spokeswoman from the company said on Wednesday.

The Iberdrola (IBE.MC) unit won more than three-quarters of a 340 MW wind farm tender offered by Valencia's regional government through its 60 percent-owned Sistemas Energeticas de Levante joint venture with savings bank Bancaja, the spokeswoman said.

No financial details of the contract were provided. (Reporting by Jonathan Gleave; editing by John Wallace)

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