Siemens considers buying Iberdrola's Siemens Gamesa stake
Siemens AG is mulling a purchase of Iberdrola SA’s 8 percent position in Spanish wind OEM Siemens Gamesa Renewable Energy to strengthen its energy holdings, sources say.
BY EYK HENNING, OLIVER SACHGAU & RODRIGO ORIHUELA, BLOOMBERG
Siemens AG is considering buying Iberdrola SA’s 8 percent stake in Spanish wind-turbine maker Siemens Gamesa Renewable Energy SA to bolster its energy holdings, according to people familiar with the matter.
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