Siemens Gamesa Plots Onshore Revival as It Swallows $550M Quarterly Loss

Greentech Media
By info@greentechmedia.comJul 30, 2020, 12:04 pm129 pts
Wind turbine maker Siemens Gamesa posted a €466 million ($558 million) loss on Thursday as a string of impairments and a slump in onshore sales took their toll. The company’s fiscal year Q3 results are the first under the leadership of new CEO Andreas Nauen, who previously headed up its offshore wind unit.…

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