Siemens Gamesa Renewable Energy SA


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Q4 2019 Siemens Gamesa Renewable Energy SA Earnings Release

Latest Developments


Siemens Gamesa To Buy Senvion Deutschland And Ria Blades For 200 Mln Euros

Siemens Gamesa Signs Three New Contracts In Chile For The Supply Of 359 MW

Siemens Gamesa To Install 96 Turbines Under 250 MW West Bakr Wind Project In Egypt


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

Markus Tacke

Chief Executive Officer, Executive Director

David Mesonero Molina

Chief Financial Officer

Mark Albenze

Service Chief Executive Officer

Alfonso Faubel

Chief Executive Officer, New Onshore Business

Key Stats

2.81 mean rating - 21 analysts
Revenue (MM, EUR)




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Price To Book (MRQ)
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Total Debt To Equity (MRQ)
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Latest News

Latest News

Siemens Gamesa to buy assets from wind turbine maker Senvion

German-Spanish wind energy company Siemens Gamesa <SGREN.MC> has agreed to buy selected European assets from insolvent German wind turbine manufacturer Senvion <SENG.DE> for 200 million euros ($223.04 million).

Siemens Gamesa cuts up to 600 staff in Denmark to address 'challenging market'

Wind turbine maker Siemens Gamesa <SGREN.MC> said on Thursday it will lay off up to 600 staff in Denmark as it grapples with price declines in a challenging market.

Insolvent wind turbine maker Senvion aims to sell assets to Siemens Gamesa

Insolvent German wind turbine manufacturer Senvion <SENG.DE> on Monday agreed on exclusive talks with Siemens Gamesa <SGREN.MC> over the sale of a substantial part of its business.

Price pressure kicks Siemens Gamesa shares to four-month low

Shares in wind turbine maker Siemens Gamesa <SGREN.MC> plunged as much as 14% on Tuesday after it trimmed its full-year profitability guidance and reported a third-quarter margin well below its target range on low wind prices.

Toshiba, Siemens Gamesa, Blackstone interested in Senvion: Manager Magazine

Japan's Toshiba, Siemens unit Gamesa and buyout groups such as Blackstone are interested in buying insolvent German wind turbine maker Senvion, German Manager Magazine said on Tuesday, citing sources close to talks.

Siemens spins off struggling gas and power in smart digital shift

Siemens is spinning off its gas and power business, which has dragged on the German engineering firm's performance as the rise of renewable power hits demand for gas turbines.

Siemens Gamesa sees busy summer boosting squeezed margins

Siemens Gamesa expects its project pipeline for building more windfarms in the second half of the year to bolster faltering profitability, the chief executive of the Spain-based turbine maker said on Tuesday.

Siemens Gamesa signs $78.4 mln wind turbine deal with Bosnia's EPBiH

Wind turbine maker Siemens Gamesa signed a 69 million euro ($78.4 million) contract on Tuesday to supply Bosnia's biggest power utility EPBiH with wind turbines for a future 48 megawatt (MW) wind farm.

UPDATE 3-Siemens Gamesa's positive margin, price forecasts lift shares

* Revenue 2.26 bln euros, up from 2.13 bln a year before (Adds further share move, Sabadell analysts)

UPDATE 3-Siemens Gamesa shares hit 6-week high as turbine sales rise

* Shares hit highest level since Sept. 25 (Recasts, adds CEO comment, shares)

Wind turbine maker Siemens Gamesa plans assembly plant in Taiwan

Wind turbine maker Siemens Gamesa will build an assembly plant in Taiwan if it gets a firm order from Denmark's Orsted to supply its 900-megawatt Greater Changhua offshore wind farm, the German-Spanish company said on Monday.

Exclusive: Siemens Gamesa shareholders agree on new CFO to end board battle

Siemens Gamesa's top shareholders have agreed to name a new chief financial officer at the world's largest wind turbine maker in a bid to end a one-year board battle, two sources with knowledge of the matter said.

Siemens Gamesa, Van Oord win $580 mln Dutch wind farm contract

Wind turbine maker Siemens Gamesa and Dutch marine contractor Van Oord said on Friday they have won a contract worth more than 500 million euros ($580 million) to build a large wind farm in the Netherlands.

Siemens Gamesa warns on trade tensions as turbine prices drag

Wind turbine maker Siemens Gamesa <SGREN.MC> warned on Friday that trade tensions would drive up costs, after reporting a fall in quarterly sales and profits due to lower turbine sales and pricing.

UPDATE 2-Global wind turbine makers hit by subsidy squeeze

* Both stocks fall more than 3 pct (Wraps in Siemens Gamesa Q2 results, background)

Siemens Gamesa seeks second wind by targeting bigger markets

Siemens Gamesa, the world's second-largest wind turbine maker, said it was seeking to bolster growth by targeting markets in Asia, Latin America and Australia.

Siemens seeks to end Siemens Gamesa stand-off with Iberdrola

Siemens <SIEGn.DE> sought on Wednesday to end a row with Spanish utility Iberdrola <IBE.MC> over the running of Siemens Gamesa <SGREN.MC>, the world's second-largest wind turbine maker.

UPDATE 2-Chasing Vestas, Siemens Gamesa targets $2.5 bln in cost cuts

* Shares up 2.4 pct (Recasts, adds CEO comment, details on strategy)

Siemens Gamesa posts strong new orders as key markets recover

Siemens Gamesa <SGREN.MC>, the world's No.2 maker of wind turbines, on Tuesday reported a strong increase in new orders in the first quarter, helped by a pickup in demand in key markets such as India and the United States.

Nordex and Siemens-Gamesa vie for major Brazilian wind farm contracts

Wind turbine makers Nordex SE and Siemens Gamesa Renewable Energy SA are vying for contracts with companies that won major auctions last week to build new wind farms in Brazil, two people with knowledge of the matter said.

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