EIB Finances Siemens Gamesa's Innovation and Technological Developments

Wind Industry Profile of

The EIB support will enable Siemens Gamesa to enhance its offering with an innovative technology that contributes to generating clean energy in a more sustainable and efficient manner / The investment will mainly be allocated to Siemens Gamesa’s RDI centres in Spain and Denmark

The European Investment Bank (EIB) will provide €300 million to Siemens Gamesa Renewable Energy (SGRE), one of the world’s leading manufacturers of wind turbines, to implement its research, development and innovation (RDI) plan during 2020-2023. The agreement includes a loan of €150 million, which may be extended with another tranche for the same amount next year. The investments will be carried out in SGRE’s R&D centres in Spain (Navarra, Vizcaya and Madrid) and... ... More: Official Press Release EIB

Keywords:

EIB, Siemens Gamesa, climate goal, finances, investment, loan, technology, Spain, RDI, Denmark, clean energy, R&D