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Siemens Energy sells shares worth $1.33 billion to help fund Gamesa bid – EQ Mag

FRANKFURT/LONDON : Siemens Energy raised 1.259 billion euros ($1.33 billion) via the sale of new shares to help fund its takeover of wind turbine maker Siemens Gamesa. Siemens Energy in November launched a bid for the remaining stake it did not already own in Siemens Gamesa, frustrated by a number of profit warnings at the […]

Powerica to Develop 2,000 MW Wind-Solar Hybrid Park in Gujarat to Boost Renewable Capacity – EQ