Spanish energy company Gamesa, specializing in wind generation, will be absorbed by the German giant Siemens, created a new merged company, one of the world's largest manufacturers of wind turbines, which will have its global headquarters in Spain.
Of the company on 17 June signed a binding agreement to merge and formation of a new company. Siemens will be finished, a 59% stake in the new merged company, while existing shareholders of Gamesa will receive 41%. It is expected that the transaction will be closed in the first quarter of 2017.
The new company will start its work with the installed base of wind generation 69 GW worldwide and a portfolio of orders will amount to € 20 billion, the projected revenue for the first year of existence — € 9.3 billion.
Currently, wind generation in Europe shares the third place with hydro generation with a share of 15.6% of the total installed capacity of all power plants.
Meanwhile, the competition on the world market of wind generation increases. The Chinese company Xinjiang Goldwind Science & Technology Co. became in 2015 the market leader for wind generation by installing a 7.8 GW of new wind capacity, according to Bloomberg New Energy Finance, overtaking the American GE, the leader of 2014, which fell to third place with 5.9 GW. Second place went to Vestas Wind Systems from Denmark from 7.3 GW. Gamesa and Siemens were in fourth place with a total installed capacity new wind capacity is 3.1 GW.
Representatives of the Spanish Gamesa said about combining the company with Siemens, the two companies are "a good complement to each other. The wind power division Siemens has a strong position in North America and Northern Europe, and Gamesa, which is located in the fast growing emerging markets such as India and Latin America, as well as in southern Europe. In addition, the deal will lead to the expansion of the range of products offered covering all classes of wind power generation and solutions for all the key market segments to better serve the needs of customers". published
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Source: tesiaes.ru/?p=16402