Siemens Gamesa sells Windar Renovables stake to Bridgepoint

Energy Disrupter

Wind Energy – Sale of Stake Windar

Siemens Gamesa has signed an agreement to sell its 32% stake in Windar Renovables to Bridgepoint.

“The sale of Siemens Gamesa’s stake in Windar is a natural decision for us, as part of our strategy to focus on our core business: wind turbine design, manufacturing including blades, installation and maintenance,” Siemens Gamesa CEO Jochen Eickholt said. Financial or other details of the agreement were not disclosed.

Financial or other details of the agreement were not disclosed.

Original Source: https://ocean-energyresources.com/2023/05/22/siemens-gamesa-sells-windar-renovables-stake-to-bridgepoint/