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No deal yet between Gamesa and Siemens

  • 9 years ago (2016-06-15)
Renewables 815

The statement comes after the Wall Street Journal reported that the two companies were close to announcing a deal.

13th Gas Turbine Focus Conference and Exhibition 2026 (GTF 2026)
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13th Gas Turbine Focus Conference and Exhibition 2026 (GTF 2026)

In a statement, Gamesa said: "As of today, no decision has been made and no agreement has been reached."

Back in January, Gamesa and Siemens said they were discussing a possible deal to create the world’s biggest wind power business. However talks have now stalled due to concerns with Gamesa’s links to an existing joint venture with Areva.

Talks are ongoing.