ABB has introduced the completion of its acquisition of Gamesa Electrical’s energy electronics enterprise in Spain from Siemens Gamesa, initially introduced on December 18, 2024. Monetary phrases weren’t disclosed.
The acquired portfolio contains energy conversion merchandise equivalent to wind converters for doubly-fed induction generator (DFIG), industrial battery vitality storage methods (BESS) and utility-scale photo voltaic inverters. The transaction brings in round 400 workers, together with key sources in Spain, India, China, United States and Australia and two converter factories in Madrid and Valencia. ABB has additionally entered right into a provide and companies settlement with Siemens Gamesa. The acquisition will increase the overall capability of ABB’s serviceable put in base of wind converters by roughly 46 gigawatts and helps the worthwhile development technique of the Movement enterprise space. With over 45 years of expertise in energy electronics, Gamesa Electrical brings deep technical experience in photo voltaic and renewable functions and powerful buyer relationships.
“By combining ABB’s international attain and Gamesa Electrical’s portfolio and experience, the corporate is well-positioned to seize rising demand and speed up renewable vitality adoption worldwide,” stated Daniel Gerber, enterprise line supervisor for renewable energy at ABB’s Movement Excessive Energy division.
Information merchandise from ABB
