2019-10-17
http://w3.windfair.net/wind-energy/news/32625-senvion-siemens-gamesa-onshore-asset-europe-service-insolvency-creditor

Siemens Gamesa Interested in Senvion Parts

Image: SenvionImage: Senvion
The two companies will pursue negotiations for the sale of selected Services and Onshore assets in Europe.

Official Press Release Senvion:

Senvion enters into non-binding exclusivity agreement with Siemens Gamesa for the sale of selected Services and Onshore assets in Europe

Wind Industry Profile of
Senvion enters into non-binding exclusivity agreement with Siemens Gamesa for the sale of selected Services and Onshore assets in Europe

The envisaged transaction comprises the selected Services and Onshore assets in Europe / Creditor's committee unanimously approves entering into an exclusivity agreement with Siemens Gamesa

Senvion today announced that it has entered into an exclusivity agreement with Siemens Gamesa to pursue negotiations for the sale of selected Services and Onshore assets in Europe. The agreement was approved unanimously by Senvion's creditors' committee. The approval of the insolvency plans by the creditors' assembly on 11 September enabled this transaction. The parties are now entering final negotiations and, if final agreements are reached, expect that the necessary decisions will be taken by the end of September. The financial arrangements to secure ongoing... ... More: Official Press Release Senvion

Keywords:
Senvion, Siemens Gamesa, onshore, asset, Europe, service, insolvency, creditor







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