Under the agreements, the Spanish group will identify and develop wind farms in the US, Europe and Latin America in conjunction with Longyuan, which was spun-off from China Guodian Corporation in a $2.2bn initial public offering in late 2009.

Gamesa chief executive Jorge Calvet says: “It represents a qualitative leap in our presence in the wind market, as we become partners in the international expansion of one of the world's top wind farm developers.”

Gamesa