Siemens Gamesa Renewable Energy SA


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Q1 2022 Siemens Gamesa Renewable Energy SA Earnings Release

Latest Developments


Siemens Gamesa Gets Firm Order To Supply Turbines For 455 MWWind Farm In Finland

Siemens Gamesa Signs Deal To Supply Turbines For 100-MW Hilda Wind Project In Canada

Siemens Gamesa Wins Maintenance Contract From Nordex For 10 Turbines In Germany


About Siemens Gamesa Renewable Energy SA

Siemens Gamesa Renewable Energy SA, formerly Gamesa Corporacion Tecnologica SA, is a Spain-based company engaged in the renewable energy equipment manufacture. The Company specializes in the promotion and development of wind farms, as well as the engineering, design, production and sale of wind turbines. Its activities are divided into two business segments: Wind Turbines and Operation and maintenance (O&M). The Wind Turbines division offers wind turbines for various pitch and speed technology, as well as provides development, construction and sale of energy plants. The O&M division is responsible for the management, monitoring and maintenance of wind farms. In addition, through Gamesa Electric, the Company develops electronic equipment, such as power station inverters, electrical system components, motors and generators, as well as drives and converters. It operates through numerous subsidiaries in Spain, Brazil, Mexico, India, China and the United States, among others.


Misc. Capital Goods

Contact Info

Parque Tecnologico de Bizkaia

edificio 222





Executive Leadership

Miguel Angel Lopez

Chairman of the Board

Andreas Nauen

Chief Executive Officer, Executive Director

Beatriz Puente Ferreras

Chief Financial Officer

Marc Becker

Interim Chief Executive Officer Offshore

Juan Gutierrez

Chief Executive Officer of Service

Key Stats

3.18 mean rating - 22 analysts
Revenue (MM, EUR)




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Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
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Latest News

Latest News

Siemens Energy to pay dividend as cost discipline pays off

Siemens Energy proposed on Wednesday to pay a dividend on the back of a strong jump in cash flow driven by stricter cost discipline, as it completed its first business year since it spun off from former parent Siemens.

Siemens Gamesa has made progress in turnaround -Siemens Energy CEO

Spanish-listed wind turbine maker Siemens Gamesa has made noticeably progress in its turnaround efforts in recent months, the chief executive of parent Siemens Energy said on Wednesday.

Siemens Gamesa sees profitability in 2022 after narrowing annual loss

Wind turbine maker Siemens Gamesa said on Friday it expects to return to profitability in 2022 after blaming its second annual operating loss in a row on higher raw materials and logistics costs, and cost overruns linked to a new model.

Siemens Gamesa signs $400 million wind gear agreement with Vietnam's BCG Energy

Siemens Gamesa Renewable Energy has signed a preliminary agreement to supply wind turbine gear worth up to $400 million to Vietnam's BCG Energy, Vietnam's government said on Monday.

Tackling wind energy waste, Gamesa produces recyclable blades

Spanish turbine maker Siemens Gamesa said on Tuesday it has started producing recyclable offshore wind turbine blades for commercial use.

Two companies to invest into offshore wind production in northeast England

Siemens Gamesa and GRI Renewables Industries will invest more than 260 million pounds ($360.70 million) into offshore wind manufacturing facilities in northeast England, the British government said on Monday.

'Extremely annoying': Siemens Energy ups pressure on wind division

Siemens Energy cranked up the pressure on wind turbine division Siemens Gamesa on Wednesday, saying it was "extremely annoying" that it was forced to slash its profit outlook because of the Spanish-listed unit.

SSE, Siemens Gamesa to seek green hydrogen in Ireland, Scotland

British power generator SSE and Spanish wind turbine maker Siemens Gamesa will explore options to develop green hydrogen from two onshore wind farms in Scotland and Ireland, the companies said on Monday.

Analysis-Helpless bystander? Siemens Energy's $5.9 billion wind power problem

Siemens Gamesa's profit warning last week served as a painful reminder for Christian Bruch, CEO of parent Siemens Energy, that there's a big difference between owning a majority stake in an asset and having full control.

Looming loss piles pressure on turbine maker Siemens Gamesa

Shares in Siemens Gamesa fell more than 18% on Thursday after the wind turbine maker's second profit warning in less than three months due to spiralling raw materials prices and the cost of delivering its new onshore platform.

Siemens Energy pulls margin outlook on Siemens Gamesa profit warning

Siemens Energy on Wednesday scrapped its margin target after wind power division Siemens Gamesa was hit by higher-than-expected raw material and product ramp-up costs.

Siemens Energy says it has no plans for full Siemens Gamesa takeover

Siemens Energy said on Tuesday it has no current plans to buy the one third of wind turbine maker Siemens Gamesa it does not already own, denying a Spanish newspaper report it had engaged banks to help it make such a move.

Siemens Energy to replace Beiersdorf in Germany's DAX index

Siemens Energy, which supplies turbines to the power industry, will replace Nivea manufacturer Beiersdorf in Germany's blue-chip DAX index from March 22, stock exchange operator Deutsche Boerse said.

Siemens Gamesa CEO says U.S. election outcome positive for wind market

The election of U.S. President Joe Biden will be very positive for the future of the wind energy market in the United States, the Chief Executive of turbine maker Siemens Gamesa said on Friday.

Siemens Gamesa confirms outlook after 15% first-quarter revenue jump

Wind turbine maker Siemens Gamesa reiterated its sales and profit margin targets on Monday after first-quarter revenue jumped 15% to 2.3 billion euros ($2.8 billion).

Siemens Energy has no plans to sell Siemens Gamesa -Handelsblatt

Siemens Energy has no plans to sell all or parts of Siemens Gamesa, CEO Christian Bruch told German business newspaper Handelsblatt, following earlier reports it had received approaches for the wind turbine business.

Siemens Gamesa fired India executive over lack of due diligence in consultancy dealings - documents

Siemens Gamesa Renewable Energy's India unit fired a top executive after an internal investigation found he failed to conduct appropriate due diligence when engaging a consultancy with political connections, court filings seen by Reuters showed.

UPDATE 1-Shares in wind turbine maker Nordex fall after share sale

Shares in wind turbine maker Nordex fell 8% on Wednesday after the group raked in more than 200 million euros ($241 million) in a share sale to fund growth and strengthen its balance sheet.

Siemens Gamesa shares up as wind power firm sees rising margins

Shares in Siemens Gamesa <SGREN.MC> rose on Thursday after it confirmed forecasts for a steady rise in margins until 2023, even though a small operating profit in the fourth quarter was not enough to save the wind turbine maker from an annual loss.

Siemens sees market value of energy spin-off above $20 billion: source

Siemens <SIEGn.DE> expects Siemens Energy to reach a market value of significantly more than 17 billion euros ($19.98 billion) when it floats on the Frankfurt stock exchange next week, a source close to the company said.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.