Siemens Gamesa

SiemensGamesaJGA

CNMV gives green light to Siemens Energy’s takeover bid for Siemens Gaming

The Spanish Securities and Exchange Commission (CNMV) on Monday authorised Siemens Energy’s takeover bid for the 32.9% of its subsidiary Siemens Gamesa that it does not yet control. Siemens Energy is offering 18.05 euros per share in its takeover bid for Siemens Gamesa, presented on 31 May and admitted for processing on 16 June, which values the company at 12,294 million euros, meaning that it would pay 4,048 million euros…


Siemens Gamesa

Siemens Gamesa Signs Biggest Contract For Offshore Wind Energy In Taiwan: 1.044 MW In Three Projects

Link Securities | Siemens Gamesa has signed two agreements with Hai Long Offshore Wind Project to supply wind turbines for three offshore wind projects in Taiwan, totalling 1.044 MW. This is the manufacturer’s biggest contract for this technology in the country, according to Europa Press. The agreements are specifically for the Hai Long 2A (300 MW), Hai Long 2B (232 MW) and Hai Long 3 (512 MW) projects and will use…


gamesa-siemens

Siemens Gamesa says 10-15% of projects with profitability problems related to 5.X will extend to 2024

Banc Sabadell | Siemens Gamesa CEO has assured that 10-15% of the projects with profitability problems (they would be registering losses) related to the new 5.X platform will extend to 2024. This compares with the previous estimate which put these projects’ definitive exit from the portfolio in 2023. We recall that the projects in the company’s portfolio with profitability problems linked to the 5.X platform account for some 2 billion…


Siemens Gamesa

Siemens Gamesa calls on European governments to declare renewables strategic industry

Link Securities | Siemens Gamesa has asked the European governments to declare the renewables industry as one with strategic importance. This is to enable the development of the necessary technology and capacities which the European Green Deal requires. And, in this way, maintain leadership for Europe, under threat from the current crisis caused by Russia’s invasion of the Ukraine, according to the daily NegociosTV. Siemens Gamesa has prepared a “white…


Siemens Gamesa

Siemens Gamesa will supply 14 turbines to the Philippines after its first renewable energies auction

Link Securities | Siemens Gamesa said in a statement that it has finalised a new agreement with Acen Corporation for the supply of 14 SG 5.0-145 turbine units to the Philippines. The deal comes in the wake of the first renewable energies’ auction in that country. This order comes after the same client last year signed up for the country’s biggest wind energy project, the 160 MW wind farm Pagudpud…


Siemens Gamesa

Siemens Gamesa: Downgrade from Reduce to Sell (T.P. 15,1 eur/shr) after Siemens Energy bid

Alphavalue | As we flagged yesterday, finally on Saturday there was confirmation of Siemens Energy’s bid for 100% of Gamesa at 18,05 euros/share in cash (12.3 billion euros) with the aim of integrating the latter and delisting it. As you know, Siemens Energy already has 67,12% of Gamesa’s capital. The price being offered represents a premium of 27,7% with respect to the final closing price on May 17 2022. Excluding…


Siemens Gamesa

Siemens Energy Launches €4 Billion Bid To Delist Gamesa From The Stock Exchange

Siemens Energy has launched a takeover bid for the 32.9% of Siemens Gamesa’s capital that it does not already own, valued at 4 billion euros. The offer will involve a payment of 18.05 euros per share in cash, less than the 20 euros it paid in February 2020 to Iberdrola for the remaining 8% of the capital. Then the CNMV exempted them from launching a takeover bid for its industrial…


Siemens Gamesa

Siemens Gamesa: The Geopolitical Situation And Internal Factors Like The Complexity Of The Launch Of The 5.X. Platform Are Significantly Affecting The Stock

Renta 4 | For the time being, the company is unable to provide any advance of a new level of estimates (foreseeably they will be able to offer greater visibility during the results’ presentation on May 5). However, they hope to obtain a margin in the low range of the previous guideline on objectives, -4%. This is thanks mainly to the sail of the assets in promotion in southern Europe,…


SiemensGamesa

Siemens Gamesa receives an order for 84 wind turbines for a project in India, the third for the 3.X platform adapted for this market

Renta 4 | Siemens Gamesa has signed an order for 302MW with the promoter Ayana Renewable Power Six Private to supply 84 wind turbines of the SG 3.6-145 model for a project in India. This project is located in Gadag, in the state of Karnataka, in the south east of the country. It is the third one for the new Siemens Gamesa 3.X platform, specifically adapted for the Indian market….


siemens gamesa

What If Siemens Energy Wants To Eat Up Siemens Gamesa?

Bankinter | For weeks, financial circles have been hovering around the idea of the German giant taking full control of the subsidiary. The market is speculating on a possible stock market exclusion of Siemens Gamesa, in which it currently holds a 67% stake, according to Expansion. As said by the same sources, the CEO of Siemens Energy commented that “it is not currently on its agenda”. The remaining 33% of the capital would represent at market prices some 5.833 billion euros.