Siemens Gamesa sells renewables portfolio to SSE Renewables

Wind Industry Profile of

The 3.9GW portfolio includes onshore wind projects in Spain, France, Italy and Greece / A total of around 40 persons 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 has entered into an agreement with SSE to sell South European renewables development assets for a total cash consideration of €580 million. This sale includes a pipeline of onshore wind projects with a total capacity of 3.9GW in various stages of development in Spain, France, Italy and Greece, with the possibility to develop up to 1GW of co-located photovoltaic projects. A team of around 40 persons from Siemens... ... More: Official Press Release Siemens Gamesa

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