# Areva transfers Adwen stake to Gamesa

Areva has finalized the sale of its 50% stake in offshore wind turbine manufacturer Adwen to Gamesa for EUR 60 million, making Gamesa the 100% owner.

- Type: Acquisition
- Announced: 2017-01-06
- Where: France
- Value: $64.0M (60.0M EUR)
- Status: completed
- Products: offshore wind turbines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [AREVA](https://endata.com/companies/770.md)
- [AREVA](https://endata.com/companies/770.md) (target)
- [Gamesa](https://endata.com/companies/21261.md) (acquirer)
- [Adwen](https://endata.com/companies/21262.md) (target)

## Sources

- [offshore-energy.biz](https://www.offshore-energy.biz/areva-transfers-adwen-stake-to-gamesa/), 2017-01-06: "French nuclear and renewable energy company Areva has finalized the sale of its 50% stake in the offshore turbine manufacturer Adwen to Spain’s Gamesa."
- [evwind.aeeolica.org](https://evwind.aeeolica.org/tags/areva), 2017-01-06: "Following on from the agreement signed with Gamesa on June 17, 2016, AREVA’s stake in Adwen was sold today."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.