Siemens Energy to buy remaining 33% of Siemens Gamesa

Siemens Energy has received Spanish approval to purchase the 33% of Siemens Gamesa it does not already own. The de-listing from the Madrid exchange is anticipated in February 2023.

“The decision to acquire SGRE is intended to unlock the potential of both companies to become leading forces in the energy transition and support the turnaround of SGRE’s financial situation.”business-live.co.uk

• 3 sources
• business-live.co.ukSiemens Gamesa blade plant boss says buy-out deal will strengthen ability to serve UK interests | Business LiveDavid LaisterNov 14, 2022
• euronews.comSiemens Gamesa names parent's CEO as chairman ahead of possible merger | EuronewsNov 18, 2022
• rechargenews.com'Important milestone' | Siemens Energy sets seal on tender offer for OEM Siemens Gamesa | RechargeBernd RadowitzDec 19, 2022

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