Siemens Gamesa and Grupo Daniel Alonso agree to sell Windar to Bridgepoint

Grupo Daniel Alonso, owner of 68% of Windar, and Siemens Gamesa, which owns the remaining 32%, have reached an agreement to sell the company to Bridgepoint.

 

Orlando Alonso will continue as President and CEO of Windar, and will retain an indirect minority stake in the company. The closing of the transaction is expected to take place before year end. Final transaction closing is subject to customary regulatory approvals.