Sociedad Anónima | |
Traded as | BMAD: GAM |
Industry | Renewable energy |
Founded | 1976 |
Headquarters | Zamudio, Biscay, Spain |
Key people
|
Ignacio Martin (Chairman) |
Products | Wind turbines, construction and sale of wind farms, solar energy products |
Revenue | €2.736 billion (2010) |
€119.0 million (2010) | |
Profit | €50.2 million (2010) |
Total assets | €4.939 billion (end 2010) |
Total equity | €1.629 billion (end 2010) |
Number of employees
|
6,730 (average, 2010) |
Website | www.gamesacorp.com |
Siemens Gamesa Renewable Energy (Spanish pronunciation: [ɡaˈmesa korpoɾaˈθjon teɣnoˈloxika]), formerly Grupo Auxiliar Metalúrgico, is a Spanish manufacturing company principally involved in the fabrication of wind turbines and the construction of wind farms.
It was formerly headquartered in Vitoria-Gasteiz, Spain, but subsequently moved in 2010 to Zamudio, Biscay in northern Spain. Gamesa develops, manages and sells wind farms, for which it also supplies wind turbines. It is the market leader in Spain and the fourth largest wind turbine manufacturer in the world (2011).
The company has installed more than 10,000 MW of production in four continents, saving the equivalent of 51.9 millions of tons of carbon dioxide annually. It presently has over 20,000 MW of production in development in Europe, America and Asia and it is also involved in the construction and development of photovoltaic power stations.
In 2016 Siemens Wind and Gamesa reached agreement on a 59:41 merger of their wind turbine businesses.
Gamesa began operations in 1976 focused at that time on developing new technologies and applying them to emerging activities. These included robotics, microelectronics, aeronautics and the development of composite materials. In 1994, Gamesa Eólica was created as a subsidiary specializing in the manufacture of wind turbines. The company became involved in the development, construction and operations of wind farms in 1995 and completed its first wind farm the following year. Gamesa had a 7-year partnership with Vestas that ended in 2002.