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British SSE Acquires: Siemens Gamesa Completes Sale Of 3.8 GW Wind Power Portfolio

Zamudio, Spain - Wind turbine manufacturer Siemens Gamesa has announced the final sale of a pipeline of onshore wind farms to UK-based SSE.

The portfolio includes wind power projects with a total capacity of 3.8 GW at various stages of development in France, Greece, Italy and Spain. In addition, photovoltaic projects with a capacity of 1.4 GW can be developed at various locations.

A team of around 50 Siemens Gamesa employees with extensive industry experience in these countries will be integrated into SSE as part of the deal, according to the company.

As a further component of the transaction, Siemens Gamesa will also be given the opportunity to work with SSE Renewables on the deployment of wind turbines and associated long-term maintenance services for a portion of the wind farms that will be installed and operated by SSE over the next few years as part of this sale.

The transaction was completed ahead of schedule.

Source: IWR Online, 08 Sep 2022