MADRID - Spanish renewable energy group Gamesa said Friday it would merge its wind turbine assets with those of German engineering group Siemens, in a deal that will create a global giant in wind power.
Spanish renewable energy group Gamesa said it would merge its wind turbine assets with those of German engineering group Siemens
"Gamesa has given the necessary corporate approval for the integration of Siemens' wind business and the company," the Spanish group said in a statement sent to Spain's stock market regulator which suspended trade in Gamesa shares.