Madrid, 24 February (EFE) .- The president of Iberdrola, Ignacio Sánchez Galán, said today that a possible merger between wind business Gamesa and Siemens would in a leader, what would be “good news” and has advanced Iberdrola does not arise reduce its stake if the operation thrives.
During the presentation of the new strategic plan of the company, Sánchez Galán explained that besides the main shareholder in Gamesa – where Iberdrola has a 20% – are your first client, and they buy most of the turbines, especially the land business, but also make orders to Siemens, especially in dark .
“we would be delighted that were all together,” he pointed out.
The president added that everything is still in negotiations and to wait to see how it evolves but if Gamesa Council decided to go ahead, do not plan to “disinvestment” in their participation.
Gamesa in late January confirmed the existence of talks with German engineering group Siemens aimed at a potential “integration” of certain wind power business of both companies through a merger
Iberdrola is Gamesa’s largest shareholder with 20% stake
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