Siemens-Gamesa Merger Moves Ahead, Areva Waives Adwen Contractual Restrictions

By OffshoreWind French energy company Areva has agreed to waive existing contractual restrictions in Gamesa’s and Areva’s offshore wind joint venture, Adwen, simplifying the merger between Gamesa and Siemens, the binding agreement for which was signed on Friday, 17 June. As part of these agreements, Gamesa – in alignment with Siemens- grants Areva a put option for Areva’s 50 […]

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