2022-10-01
http://w3.windfair.net/wind-energy/news/41846-siemens-gamesa-portfolio-sale-acquisition-europe-renewables-south-sse-development-maintenance-supply-turbines-service

Siemens Gamesa sells development assets in southern Europe

Image: Siemens Gamesa Renewable EnergyImage: Siemens Gamesa Renewable Energy
This sale includes a pipeline of onshore wind projects with a total capacity of 3.8 GW in various stages of development in France, Greece, Italy and Spain, with the possibility to develop up to 1.4 GW of co-located photovoltaic projects.

Official Press Release Siemens Gamesa Renewable Energy:

Siemens Gamesa successfully completes the sale of South European renewables development assets to SSE

Wind Industry Profile of
Siemens Gamesa successfully completes the sale of South European renewables development assets to SSE

The 3.8 GW portfolio includes onshore wind projects in France, Greece, Italy and Spain / A total of around 50 people will be integrated in SSE Renewables, contributing with their development experience and track-record in these regions / The transaction also contemplates the opportunity to supply turbines and maintenance services

Siemens Gamesa announced today the completion of the sale of South European renewables development assets to SSE for a total cash consideration of €613 million (€580 million corresponds to the purchase price and €33 million to the estimated working capital and net debt adjustments as of June 30, 2022). The mentioned adjustments remain subject to customary post-closing accounts review. This sale includes a pipeline of onshore... ... More: Official Press Release Siemens Gamesa Renewable Energy

Keywords:
Siemens Gamesa, portfolio, sale, acquisition, Europe, renewables, South, SSE, development, maintenance, supply, turbines, service







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