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GESTAMP SOLAR STARTS TO OPERATE TWO SOLAR PHOTOVOLTAIC PLANTS IN PERU.

(Madrid, March the 8th,2013) Gestamp Solar, photovoltaic solar division of Gestamp Renewables, starts to operate two solar photovoltaic plants in Peru. This Project is composed by two solar photovoltaic plants: one called Tacna Solar located in Tacna and the other one called Panamericana Solar located in Moquegua, both in Peru. They have a total capacity of 40 megawatts (MW), 20 MW each. These two plants (40MW) currently provide electricity to the local area through the National Interconnected Electrical System (SEIN). Tacna Solar y Panamericana Solar, are two solar photovoltaic power plants adjudicated to Gestamp Solar and to Solarpack by a tendering procedure of the Peruvian government on February 2010 and the two companies develop together. The Peruvian government contract includes the supply of 98 GWh of annual solar electricity for a 20 years period. These solar power plants are, currently, the largest in Latin America providing enough energy to supply more than 70.000 homes of the area. Moreover, it will annually avoid the emission of more than 50.000 tons of CO2 into the atmosphere. Meanwhile, Jorge Barredo, CEO of Gestamp Solar said: "Tacna Solar and Panamericana Solar prioritize and ensure the generation of electricity for direct consumption in Tacna and Moquegua regions without any impact on its price. They also promote a new regional industry and strengthens local jobs in other industries." He added that "the project strengthens its presence in Latin America, as one of the cornerstones of our international expansion." About Gestamp Solar Gestamp Solar (www.gestampsolar.com), the photovoltaic energy division of Gestamp Renewables, specializes in the development, construction, operation and maintenance of utility-scale photovoltaic plants in the United States, India, South Africa, South America, Thailand, China, Japan, Italy, France and Spain, and has developed constructed over 500 MWs Solar Energy projects to date.

About Gestamp Renewables-Corporacin Gestamp Corporacin Gestamp (www.corporaciongestamp.com), parent company of Gestamp Renewables, is a multinational leader in Europe in the steel automotive components and renewable energy sectors. It is currently present in over 25 countries throughout Europe, the Americas and Asia, with over 130 plants. Composed by a global workforce of over 32,000 employees, Corporacin Gestamp had total revenues of over 9 billion euros.

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