Siemens Gamesa Renewable Energy, S.A.

Siemens Gamesa Renewable Energy, S.A.

GCTAY
Siemens Gamesa Renewable Energy, S.A.US flagOther OTC
3.75
USD
+0.06
- -
12.77BMarket Cap
Siemens Gamesa Renewable Energy, S.A.
GCTAY
(Other OTC)

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3.75

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Business
Siemens Gamesa Renewable Energy, S.A. (GCTAY) designs, manufactures, installs and maintains wind turbines for onshore and offshore wind farms worldwide; offers direct drive and geared turbine platforms including the SG 14-236 with up to 15 MW capacity and Power Boost, SG 14-222, SG 7.0-170 for medium winds, SG 5.0-145 (2.0), SG 5.2-165 for U.S. markets, SG 4.3 series (120/130/140) for extreme conditions, SG 3.4-145 for India, SG 3.2-129 (USA), SG 3.4-132 and SG 2.6-114; provides comprehensive services such as operation and maintenance, spares, repairs, reconditioning, advanced diagnostics, digitalization and long-term service agreements across 81 countries; develops pioneering technologies like RecyclableBlade for 100% recyclable turbines by 2040 and hybrid solutions; and supplies turbines, gearboxes, offgrid equipment to industrial, automotive and new technology sectors. Founded in 2017 through the merger of Siemens Wind Power and Gamesa Corporación Tecnológica—with heritage tracing to 1976—and headquartered in Zamudio, Vizcaya, Spain, the company operates major facilities in Germany, Denmark, the U.S., India and beyond as a key unit of Siemens Energy AG. In recent developments, minority shareholders approved capital reduction in June 2023 to enable full integration into Siemens Energy, targeting €300 million annual cost synergies and mid-triple-digit million revenue synergies; Siemens Gamesa selected Denmark's Gefion supercomputer in November 2025 for an industrial AI program to optimize wind turbine development and accelerate the green transition; secured new orders for its relaunched 7MW onshore platform; sold its Indian and Sri Lankan onshore wind business (including assets, projects and services) to a TPG and MAVCO-led consortium in December 2025, rebranded as Vayona Energy with Siemens Energy retaining a minority stake for technology continuity; and divested its power electronics business to ABB in 2024.

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