Wave Wind: Selected to support Amayo II

Contact: Dionne Lummus

(608) 837-9034

[email protected]

Wave Wind to Erect 11 2.1 MW Wind Turbines for Second Phase of 63 MW Project in Nicaragua

Sun Prairie, Wis. – Wave Wind, LLC, a leading wind energy service provider, has been selected by Suzlon Energy Limited, one of the world’s leading wind turbine suppliers, to erect 11 2.1 MW Suzlon wind turbines for Amayo II, the second phase of a 63 MW wind energy project in Nicaragua. The $55 million project, which is being developed by Consorcio Eólico Amayo S.A. (Amayo S.A.), an international wind project development consortium, is the second project Wave Wind has supported in Central America.

Amayo II is a 23 MW extension of Amayo I, which began operations in February 2009. The project site sits between two volcanoes in Rivas, Nicaragua; like many sites in Central America, it is characterized by both strong, constant winds and relatively inaccessible terrain. Upon completion, Amayo I and II will meet approximately 10 percent of Nicaragua’s energy needs, directly reducing the country’s annual oil expenditures by approximately 16 percent.

Wave Wind is scheduled to begin construction of the wind turbines by mid-December 2009. The goal is to have Amayo II fully operational by February 2010.

Amayo II is the second project Wave Wind has supported in Central America; the first was a maintenance, repair, and operations (MRO) project in Costa Rica. Wave Wind’s expansion into Central America is driven by a combination of the region’s huge wind energy potential and the demand for its specialized material handling, construction, and MRO services.

“Amayo II is a prime example of a renewable energy project where everybody wins: the people and government of Nicaragua, Amayo S.A. and its investors, Suzlon Energy, and critical service providers like Wave Wind,” said Dionne Lummus, Business Development Coordinator for Wave Wind. “We look forward to future opportunities to help our partners, customers, and stakeholders benefit from similar projects in Central America and elsewhere.”