Follow us at  twitter
3i has concluded an agreement to purchase 100% of the share capital of Gamesa Energía y Servicios, S.A. (GES) and Siemsa Este, S.A., divisions of Corporación Tecnológica Gamesa.

The company specialises in the construction and maintenance of wind farms and has a diversified petrochemical automation, construction and maintenance business. The transaction is subject to approval from the Spanish competition authorities. The enterprise value of GES is approximately € 170 million.  In 2005, the company had sales of € 210 million and EBITDA of € 19 million. Through this transaction, 3i will support the international expansion planned by GES to strengthen its presence in countries such as the United States, the United Kingdom and Italy.
Joomla SEF URLs by Artio