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Gamesa upgrades to full-year blowout after acquisition

Spanish company Gamesa, recently acquired by Siemens, grew to historic sizes in the third quarter this year. Although part of the progress came from its recently acquired stake in Adwen, the turbine manufacturer is now upgrading its full-year guidance for 2016 for the second time this year.

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Siemens Gamesa merger has incited major internal unrest

The large-scale merger of Spain's Gamesa and Danish-German Siemens Wind Power has become a thorn in the side of many employees at the new wind turbine major. Internal power struggles and large cultural clashes mean that employees are looking to leave the company after what they call a chaotic marriage between the two firms.

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