Bridgepoint acquired 32 % stake in Windar Renovables
Siemens Gamesa has completed the sale of its 32% shareholding in Windar Renovables to Bridgepoint.
Windar Renovables manufactures wind energy equipment. The company offers onshore wind towers and tubular-shaped structures for wind turbines and offshore foundations. Windar Renewable Energy serves customers worldwide.
The transaction was announced on May 22, 2023. The initial value of the transaction was US$700 million, the parties have agreed not to disclose the final purchase price.
Siemens Gamesa will remain a strategic partner of Windar and will keep purchasing various substructures, including jackets, floating substructures, monopiles, and transition pieces, for offshore wind energy projects across the globe.
Country updates
-
-
January 12, 2024
EBRD invests US$109 million in Taaleri SolarWind III Fund
The European Bank for Reconstruction and Development (EBRD) has committed up to EUR100 million (US$109.15 million) to the Taaleri SolarWind III fund. The investment is expected to enable the cons...
Read more -
January 09, 2024
Iberdrola to install hybrid hydroelectric and solar plant in Spain
Iberdrola has obtained environmental approval for an 86.4 MW hybrid photovoltaic and hydroelectric plant located in Extremadura, in the municipality of Cedillo, Spain. The initiative,...
Read more -
January 09, 2024
Construction started of 42.2 MW solar farm in Andalusia
Statkraft AS has started construction of a 42.2-MW solar farm at a site in Jerez de la Frontera, Andalusia, Spain. The project, named El Rancho, will require an investment of over EUR 30 mi...
Read more -
January 08, 2024
Acquisition completed of 51% stake in 194 MW Goya portfolio of operational wind farms in Spain
Engie has increased its stake in the 194 MW Goya portfolio of operational wind farms in Spain. Engie has agreed to purchase a 51% stake previously held by Mirova, a subsidiary of Natixis Investment M...
Read more -
November 21, 2023
Statkraft acquires Spanish renewables firm
Statkraft has acquired Spanish renewables company Enerfin. This purchase incorporates 1500 MW of operational wind power, along with wind and solar capacity presently under construction, and a substan...
Read more
