Losses narrowed in the second quarter of wind turbine unit Siemens Gamesa’s fiscal year, and the full-year outlook brightened as parent Siemens Energy unexpectedly released quite positive preliminary ...

TPG, a global alternative asset management firm, has agreed to acquire a majority stake in Siemens Gamesa Renewable Energy’s wind turbine generator businesses in India and Sri Lanka. Siemens ...

Siemens Gamesa will sell 90% of its wind business in India and Sri Lanka to a group of investors led by US alternative asset manager TPG, in a deal that includes the sale of manufacturing plants and a ...

Mavco Investments will also make a significant minority investment in addition to continued investment from Siemens Gamesa Prashant Jain, former CEO of JSW Energy, will also pick up a minority ...

Siemens Gamesa plans to cut about 4,100 jobs from its wind turbine division as the company continues to restructure its business. The downsizing, reported May 28 by Reuters, impacts about 15% of ...

A Siemens spokesperson did not specifically comment on the deal. “Siemens Gamesa recently presented a plan on how we can return the company to profitability. Part of this action plan is also the ...

The news came on a day when the company raised its revenue outlook and also said it needed to cut costs within the Siemens Gamesa group, which has been dogged by problems that led to a €4.6 ...

Siemens Gamesa to cut 400 mln euros in costs by 2026 Reviews capacity cuts outside Europe - Siemens Gamesa CEO Siemens Energy shares down 6.3% FRANKFURT/DUESSELDORF, Nov 21 (Reuters) - Struggling ...

Siemens Gamesa Renewable Energy SA – one of the largest wind turbine makers in the world – is Siemens Energy AG’s wind turbine unit. Siemens Energy announced last night and today that ...

Renewable energy giant Siemens Gamesa today announced the launch of GreenerTower, a sustainable steel tower that reduces a wind turbine’s carbon footprint by 20%. Wind turbine towers are made up ...

The Siemens Gamesa Hutchinson plant is gearing up to open once again. Siemens Gamesa Renewable Energy has begun the process to return the Hutchinson, Kansas nacelle facility to production.

The invitation to the EGM, comes a day after Siemens Energy said it secured 92.72% in Siemens Gamesa as part of its tender offer, which still runs for another month. That gives it enough time to ...