Monday, May 21, 2012

Gamesa sells U.S. assets & mothballs Spanish turbine factory

In March Gamesa Corporacion Tecnologica SA, Spain's largest wind turbine
manufacturer, agreed to sell wind power projects in the United States to Algonquin Power & Utilities Corp. of Canada for $888 million. more...


Meanwhile in Spain~
Gamesa mothballs Spanish turbine factory

Wind turbine manufacturer Gamesa has mothballed its Medina del Campo nacelle assembly plant in Spain's Castilla y Leon autonomous region.

The Spanish company has obtained authorisation from the government to lay-off 74 workers at the plant, although it says it will negotiate to place 50% of these at other factories.

The permit, known as an ERE, allows companies to lay-off or suspend workers if they can show compelling economic reasons. More about Spain & renewables...

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