Siemens Gamesa’s acquisition of Senvion Deutschland is positive for whole wind energy industry

Alphavalue | The purchase price agreed by the Spanish-German renewable energy company for the acquisition of par of the onshore European assets of the aerogenerator maker Senvion Deutschland rises to 200M€.

The chosen assets are in Germany and Portugal. Such an acquisition is positive for the whole wind energy industry, as it will help market consolidation. A company less means more business for the rest. Siemens Gamesa´s shared rose 1.99% yesterday.