The Iberdrola electric utility company and wind power developer Gamesa E—lica have announced plans to open up new unexplored territory for wind energy in Spain. The area chosen for the venture is Cantabria, a rugged region in northern Spain sandwiched between Asturias and the Basque country. Initial plans are for two 24 MW wind farms of 40 turbines each to be sited in the southern part of the region, not far from Burgos province in the Castilla Leon region. Although plans are still very much in the early stages, total cost of the project is estimated at ESP 4 billion. Gamesa, which is part owned by Danish company Vestas, has wind power developments in Navarre and Galicia in the northwest of the country.