Gamesa shareholders ratify the merger with Siemens Wind Power

Gamesa held an Extraordinary General Meeting at which its shareholders amply ratified the resolutions needed to close the merger with Siemens Wind Power, specifically casting 99.75% of votes in favour. By virtue of this transaction, Gamesa will absorb Siemens’s wind power assets in exchange for newly-issued shares in Gamesa. In the wake of the deal, Siemens will own 59% of the new company, while Iberdrola will retain an 8% interest. The company’s shareholders also approved the distribution of a special cash dividend of