Gamesa (Vizcaya, Spain) says it has acquired 50 percent of Adwen from Areva (Paris, France) for $67.5 million. Adwen was the 50:50 joint venture between Areva and Gamesa and this announcement is a result of the merger between Siemens (Munich, Germany) and Gamesa. According to Reuters, when Siemens and Gamesa agreed to their merger in June, they specified that Areva had three months to decide whether it wanted to buy out Gamesa's 50 percent Adwen stake, or sell it to them. Reuters stated that Adwen has contracts to build 1,500 megawatts of offshore wind power generating capacity on the French coast for utilities Engie and Iberdrola.
Editor PickShell awards Airborne contract for deepwater subsea TCP jumper spool qualification
The qualification program will be performed at the Airborne Oil & Gas manufacturing facility in IJmuiden, The Netherlands and will be completed by summer 2017.