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Siemens Gamesa agrees for assets of Senvion

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Operation will empower situation of Siemens Gamesa in main European markets in parts of service and onshore.

Senvion´s European assets of service will empower Siemens Gamesa´s capacity and potential dramatically. 9GW from Senvion will rise Siemens Gamesa to a sum of almost 69GW.

This helps variation Siemens Gamesa´s business and geographical exposure with contracts giving long-term visibility and high renewal ranks.

The center for onshore blade manufacturing in Portugal is one of Europe´s most efficient facilities.

Vagos plant would support empowering Siemens Gamesa´s industrial value chain and decrease dependency on suppliers from Asia.

It will diminish volatility and ambiguities  by current trade issues.

The highly efficient facility completes existing SGRE blade capacity.

It has the best operation qualities and will support international sales.

The intellectual property of Senvion gives room Siemens Gamesa to further develop its technology portfolio for future

“This transaction is an important step forward for Siemens Gamesa,” said Markus Tacke, Chief Executive Officer.

“Bringing Senvion´s service assets on board will help us to drive growth in a key market segment and add important capacity in Germany and other important European markets, while the blade factory helps us mitigate the risk in the difficult trade environment.”

“We´re bringing good people and good business into the company and that´s a win for all parties.”

As part of the operation, almost 2,000 Senvion employees are expected to join Siemens Gamesa.

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