# Siemens Gamesa agrees to sell 32% stake in Windar Renovables to Bridgepoint

Siemens Gamesa signed an agreement to sell its 32% stake in Windar Renovables, a Spanish maker of wind turbine towers, to Bridgepoint. The price was not disclosed.

- Type: Acquisition
- Announced: 2023-05-21
- Where: Spain
- Status: announced
- Products: wind turbine towers
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Siemens Gamesa](https://endata.com/companies/1539.md)
- [Siemens Gamesa](https://endata.com/companies/1539.md) (partner)
- [Bridgepoint](https://endata.com/companies/6769.md) (acquirer)
- [Siemens Energy](https://endata.com/companies/6803.md) (partner)
- [Windar Renovables](https://endata.com/companies/34320.md) (target)
- [Windar](https://endata.com/companies/47967.md) (target)
- [Grupo Daniel Alonso](https://endata.com/companies/70403.md) (partner)
- [Daniel Alonso](https://endata.com/companies/70419.md) (partner)

## Sources

- [reuters.com](https://www.reuters.com/markets/deals/siemens-gamesa-agrees-sell-windar-renovables-stake-bridgepoint-2023-05-21/), 2023-05-21: "The sale of Siemens Gamesa’s stake in Windar is a natural decision for us, as part of our strategy to focus on our core business."
- [siemensgamesa.com](https://www.siemensgamesa.com/global/en/home/press-releases/052223-siemens-gamesa-press-release-grupo-daniel-alonso-windar-sell-bridgepoint.html), 2023-05-22: "Grupo Daniel Alonso, owner of 68% of Windar, and Siemens Gamesa, which owns the remaining 32%, have reached an agreement to sell the company to Bridgepoint."
- [econotimes.com](https://econotimes.com/Siemens-Energy-Nears-Deal-To-Sell-32-Stake-in-Windar-Renovables-1656502), 2023-05-22: "Siemens Energy AG will sell its 32% stake in Spanish wind turbine towers maker Windar Renovables to British investment firm Bridgepoint Group."

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