Siemens Gamesa Renewable Energy SA (SGRE)

Siemens Gamesa Renewable Energy SA (SGRE)

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Siemens Gamesa Renewable Energy S.A. Profile

Siemens Gamesa Renewable Energy S.A. (SGRE.xmad) is a Spanish-German wind engineering company based in Biscay, Spain. After the merger of Gamesa and Siemens Wind Power was announced in 2017, Siemens Gamesa became the second-largest wind turbines manufacturer globally, providing onshore and offshore wind services. The European clean energy company operates in 75 countries with a 27.000 workforce. Siemens Gamesa Renewable Energy S.A. (SGRE.xmad) is traded on the Madrid Stock Exchange (BMAD), and its current market cap is €15.92B (EUR). The company’s revenue is €12.43B (EUR) as of the year’s first half. Siemens Gamesa (SGRE.xmad) hit its record high of €37.21 (EUR) per share price in January 2021. The company’s share price fell dramatically since Siemens Gamesa posted quarterly losses due to rising raw material prices.

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