- Published: 18 December 2015 18 December 2015
Gamesa and CAF have joined forces to become core shareholders, each with a 50% interest, NEM Solutions. Together they will support this company's continued development and make it a cornerstone of their operations and maintenance strategies.
NEM Solutions specialises in the application of technology in maintenance activities in the wind and rail sectors; specifically, it leverages data mining to optimise equipment (wind turbines, trains) performance by anticipating future incidents. To structure this transaction, which is subject to anti-trust approval, Gamesa is acquiring a 50% shareholding in NEM Solutions, to which end it is purchasing Tecnalia's entire 15% interest and 35% of CAF's shareholding (CAF is reducing its stake to 50%). The transaction is expected to close in the first quarter of 2016.