Gamesa has successfully completed a €236.10 million share placement through an accelerated bookbuilding process.
The placement increases the company’s current share capital by approximately 9.99%. The transaction proceeds will enable the company to tap business opportunities in addition to those contemplated in the 2013-2015 Business Plan, while preserving a solid and optimal capital structure. These new opportunities are related to brighter growth prospects in the onshore market, particularly in emerging markets in which Gamesa boasts strong competitive positioning, as well as entry into the offshore segment via the joint venture with Areva.