EnergyWatch

Siemens Gamesa builds wind farm in Mexico

An investment from the group's German majority stakeholder paves the way for establishing Mexico's tallest wind turbines from Siemens Gamesa's 5-MW platform.

Photo: Siemens Gamesa

Technically speaking, Siemens Energy – see Monday's stock exchange prospectus – is now a subsidiary of Siemens AG. The plan, however, is for at least a part of the company including, for instance, Siemens Gamesa, to trade independently on the stock market in order to avoid too close connections between the German industrial conglomerate and the energy affiliate.

That's not to say that a certain reciprocity can't exist among the companies. Thus, the parent group's investment arm, Siemens Financial Services, has injected capital into project developer Thermion's forthcoming wind farm in Mexico, Delaro at 117 MW.

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