Siemens Gamesa: completes acquisition of Senvion assets

(CercleFinance.com) - Siemens Gamesa, the world's second biggest maker of wind turbines, has completed its acquisition of some of Germany's Senvion assets, which it first announced in October.


Late on Thursday the Spanish-based industrial group announced the closing of the acquisition of Senvion's European service assets and intellectual property, adding approximately 9 GW of fleet and operations in 13 countries.

The deal will strengthen the company's multibrand portfolio, Siemens Gamesa said.

As announced in October, the assets have been bought for 200 million euros in cash.

Copyright (c) 2020 CercleFinance.com. All rights reserved.