Siemens and Gamesa have agreed to a major merger that will form the world’s biggest wind turbine manufacturer, according to a joint announcement today. The two companies today said they have signed binding agreements to merge Siemen’s wind power business – including its wind services – with Gamesa. Siemens will hold a 59 per cent stake in the resulting firm, while Gamesa’s existing shareholders will hold 41 per cent.
Business Green 17th June 2016 read more »
FT 18th June 2016 read more »
Fife-based Burntisland Fabrications Ltd (BiFab) has secured work on the £2.6bn Beatrice Offshore Windfarm Ltd (Bowl) project. The company will manufacture 26 offshore jacket substructures for the scheme, which involves installing 84 turbines in the Moray Firth. BiFab said the work would involve its sites at Arnish on the Isle of Lewis and Burntisland and Methil in Fife. Ten of the structures are to be delivered next year and 16 in 2018.
BBC 17th June 2016 read more »