RSS ABB To Buy Power Electronics Business Of Gamesa Electric

Currently reading:
 RSS ABB To Buy Power Electronics Business Of Gamesa Electric

Status
Not open for further replies.

Crax Bot

Staff member
Administrator
Amateur
LV
0
Joined
Nov 5, 2021
Threads
6,211
Likes
1,916
Credits
32,784©
Cash
0$
ABB Ltd. (ABB, ANN.L) revealed on Wednesday that it has finalized an agreement to purchase the power electronics division of Gamesa Electric in Spain from Siemens Gamesa. The terms of the financial agreement have not been publicly disclosed. This strategic acquisition aims to enhance ABB's current portfolio of power conversion products and services for renewable OEMs and end users, while also expanding its serviceable power conversion installed base by approximately 40 GW. The deal is anticipated to be concluded in the latter half of 2025.

The material has been provided by InstaForex Company - www.instaforex.com
 
Status
Not open for further replies.
Tips

Similar threads

Top Bottom