Inactive Instrument

Siemens Gamesa Renewable Energy, S.A.

Equities

GCTAY

US82621P1012

ABB Ltd agreed to acquire Gamesa Electric, S.a. from Siemens Gamesa Renewable Energy, S.A.

Published on 12/17/2024 at 18:00

ABB Ltd (SWX:ABBN) agreed to acquire Gamesa Electric, S.a. from Siemens Gamesa Renewable Energy, S.A. on December 18, 2024. For the period ending September 30, 2024, Gamesa Electric, S.a. reported total revenue of ?170 million. The transaction is subject to approval by regulatory board / committee.

The expected completion of the transaction is July 1, 2025 to December 31, 2025.

Latest news about Siemens Gamesa Renewable Energy, S.A.

Ørsted and PGE have taken the final investment decision for the Baltica 2 wind farm	Jan. 30	FW
ABB Ltd agreed to acquire Gamesa Electric, S.a. from Siemens Gamesa Renewable Energy, S.A.	Dec. 17	CI
Siemens Gamesa Renewable Energy, S.A. agreed to acquire Energy Portfolio of Siemens Engineering Co. Ltd from Siemens Engineering Co. Ltd. for PKR 17.8 billion.	24-10-13	CI
Siemens Gamesa Renewable Energy to Supply EUR 1.8 billion Offshore Wind Turbines for Equinor and Polenergia Projects	24-02-16	CI
Brussels considers investigating Chinese use of subsidies for wind turbines - FT	23-10-09	FW
Bridgepoint Group plc acquired unknown majority stake in Windar Renovables, S.A. from Siemens Gamesa Renewable Energy, S.A. and Grupo Daniel Alonso, S.L. for ?650 million	23-05-18	CI
RWE and Siemens Gamesa conclude framework agreement for onshore turbines	23-05-02	DP
PGE and Orsted's Offshore SPV Baltica 2 Picks Siemens Gamesa Renewable Energy to Provide 107 Turbines of Combined Capacity of 1,498 MW	23-04-20	CI
SIEMENS GAMESA RENEWABLE ENERGY : Gamesa returns to the mother ship (discontinuing coverage)	23-03-03
Siemens Energy Global GmbH & Co. KG acquired a 5.07% stake in Siemens Gamesa Renewable Energy, S.A.	23-02-07	CI
Siemens Gamesa Renewable Energy, S.A., Q1 2023 Earnings Call, Feb 02, 2023	23-02-02
Siemens Gamesa Renewable Energy, S.A., Q1 2023 Earnings Call, Jan 20, 2023	23-01-20
Siemens Energy Global GmbH & Co. KG completed the acquisition of additional 25.65% stake in Siemens Gamesa Renewable Energy, S.A. from BlackRock, Inc., Norges Bank, BPCE SA, Millennium Group Management LLC and other shareholders for â‚¬3.2 billion.	22-12-12	CI
Siemens Gamesa Renewable Energy, S.A., 2022 Earnings Call, Nov 10, 2022	22-11-10
Siemens Gamesa Renewable Energy, S.A., Q3 2022 Earnings Call, Aug 02, 2022	22-08-02
Siemens Energy Global GmbH & Co. KG made an offer to acquire remaining 32.9% stake in Siemens Gamesa Renewable Energy, S.A. from BlackRock, Inc., Norges Bank, BPCE SA, Millennium Group Management LLC and other shareholders for €4 billion.	22-05-20	CI
Siemens Gamesa Renewable Energy, S.A. Provides Earnings Guidance for the Second Quarter of Fiscal Year 2022	22-04-19	CI

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Company Profile

Siemens Gamesa Renewable Energy SA is a Spain-based company which specializes in the development and construction of wind farms. The Company's activities are divided into two business segments: Wind turbines and Operation and maintenance. Wind Turbines segment includes the manufacturing of wind turbine generators and the development, construction and sale of wind farms (onshore and offshore). Operation and maintenance sector focuses on the rendering of operation and maintenance services through advanced technology services in the renewable energy sector. The Company, through its subsidiaries, is present in the Americas, Europe, Asia, Africa and Oceania.

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