Siemens Gamesa Value Stock - Dividend - Research Selection
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Description of the company
Siemens Gamesa Renewable Energy, S.A., together with its subsidiaries, engages in the conception, manufacturing, assembly, logistics, installation, commissioning, and maintenance of wind generators in Spain, rest of Europe, the United States, China, India, Brazil, Mexico, and internationally. It operates through Wind Turbines and Operation and Maintenance (O&M) segments. The company offers aging fleet solutions, O&M products and services, and off-grid solutions; and Siemens products and services. It develops products for various markets, including photovoltaic, wind power, hydroelectric energy, nuclear, drives and converters, electric vehicles, permanent magnets, rotating electrical machines, and power electronics, as well as solutions for generating reactive energy, controlling voltage, cancelling harmonics, and surpassing drops in voltage. The company was formerly known as Gamesa Corporación Tecnológica, Sociedad Anónima and changed its name to Siemens Gamesa Renewable Energy, S.A. in May 2017. The company was founded in 1976 and is headquartered in Zamudio, Spain. Siemens Gamesa Renewable Energy, S.A. is a subsidiary of Siemens Aktiengesellschaft.