Spain: Gamesa closes its investment in NEM Solutions

Gamesa has closed the purchase of a 50% shareholding in technology player NEM Solutions from CAF and Tecnalia, having received approval for the transaction from the anti-trust authorities. The transaction makes Gamesa one of this company's core shareholders, alongside CAF, each with a 50% interest. Gamesa acquired a 35% stake from the rail company and the remaining 15% from the Basque technology corporation, Tecnalia, having purchased the latter's stake outright; Tecnalia had been a shareholder in NEM since its incorporation.

This transaction is part of Gamesa's goals for developing services which add significant value for the customer in the predictive maintenance arena, as announced in its 2015-2017 Business Plan, by reinforcing its commitment to state-of-the-art technology in order to enhance turbine performance and streamline maintenance processes and costs.

NEM Solutions develops technological applications for the management of predictive maintenance in the wind and rail sectors. Through its technology platform, AURA, the company analyses the millions of data points generated by the equipment under maintenance with a view to creating a model that defines normal operating conditions for each piece of equipment. Based on this benchmark, it predicts the future performance of each machine, diagnosing, precisely and proactively, using artificial intelligence, potential equipment incidents.

In the specific case of Gamesa, the systems developed by NEM will use the 16 billion data inputs generated and sent daily by the close to 16,000 turbines under its maintenance (20,600 MW) to the company's remote control centre in Sarriguren (Navarre, Spain).