ABB concludes purchase of Gamesa Electric’s power electronics unit

ABB has finalised its acquisition of Gamesa Electric’s powerfulness electronics part successful Spain from Siemens Gamesa.

The determination follows the archetypal announcement made successful December past year. The fiscal details of the transaction person not been made public.

For the fiscal twelvemonth ending 30 September 2025 (FY25), the acquired concern generated yearly revenues of astir €145m ($168.4m).

The acquisition includes a scope of products specified arsenic upwind converters for doubly fed induction generators, artillery vigor retention systems for concern use, and inverters for utility-scale star projects.

Nearly 400 employees volition articulation ABB arsenic portion of the deal, including superior unit based successful China, India, Australia, and the US.

The transaction besides includes 2 converter manufacturing facilities located successful Valencia and Madrid successful Spain.

ABB renewable powerfulness concern enactment manager Motion High Power Daniel Gerber said: “By combining ABB’s planetary scope and Gamesa Electric’s portfolio and expertise, the institution is well-positioned to seizure increasing request and accelerate renewable vigor adoption worldwide.”

Additionally, ABB has signed a proviso and services statement with Siemens Gamesa.

With this acquisition, ABB’s serviceable installed basal of upwind converters is said to summation by astir 46GW.

Gamesa Electric brings much than 4 decades of acquisition successful powerfulness electronics, peculiarly successful star and renewable vigor applications.

According to the International Energy Agency’s Renewables 2025 report, energy procreation from renewable sources is projected to emergence by 60%, from 9,900TWh past twelvemonth to 16,200TWh by 2030.

Renewables are besides reportedly acceptable to overtake ember arsenic the starring root of planetary energy procreation by the extremity of this twelvemonth oregon by mid-2026, depending connected hydropower output.

Solar photovoltaic is expected to lend much than fractional of this growth, with upwind vigor accounting for astir 30%.

ABB, with a workforce exceeding 110,000 employees worldwide, is listed connected the SIX Swiss Exchange and Nasdaq Stockholm.

"ABB concludes acquisition of Gamesa Electric’s powerfulness electronics unit" was primitively created and published by Power Technology, a GlobalData owned brand.

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