# Siemens Gamesa completes acquisition of Senvion's European service assets and IP

Siemens Gamesa Renewable Energy completed the acquisition of Senvion's European Service assets and Intellectual Property, adding approximately 9.0 GW of serviced fleet. The cash price for Senvion Services and Ria Blades is €200 million.

- Type: Acquisition
- Announced: 2020-01-09
- Where: Europe, Germany
- Value: $220.0M (200.0M EUR)
- Status: completed
- Capacity: 9 GW serviced fleet
- Products: wind turbine service, wind turbine blades
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Siemens Gamesa Renewable Energy](https://endata.com/companies/3169.md) (acquirer)
- [Senvion](https://endata.com/companies/27535.md) (target)

## Sources

- [renewableenergyworld.com](https://www.renewableenergyworld.com/wind-power/siemens-gamesa-completes-purchase-of-senvions-european-assets-including-ip/), 2020-01-09: "Siemens Gamesa Renewable Energy announced today the closing of the acquisition of Senvion’s European Service assets and Intellectual Property (IP)."
- [nsenergybusiness.com](https://www.nsenergybusiness.com/news/siemens-gamesa-senvions-european-assets/), 2020-01-10: "This has been a unique opportunity for consolidation, a win for all parties and a perfect match for Siemens Gamesa."
- [business-news-today.com](https://business-news-today.com/siemens-gamesa-wraps-up-acquisition-of-select-european-assets-of-senvion/), 2020-01-10: "Siemens Gamesa Renewable Energy has completed the €200m acquisition of the European Service assets and Intellectual Property (IP) of German wind turbine manufacturer Senvion."

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