Siemens Gamesa Renewable Energy, S.A. Overview
Pro stress-test →Siemens Gamesa Renewable Energy, S.A. provides wind energy solutions across Europe, the Middle East, Africa, Americas, Asia and Australia. The company operates in two segments: wind turbines and operations & maintenance. With 29,000 employees, Siemens Gamesa is a 40+ year pioneer in the wind industry working to address the climate crisis.
Strategic Profile
Pro stress-test →Siemens Gamesa is a subsidiary of Siemens Energy Global GmbH & Co. KG. The company reported stabilized order approach in 2024 with management aiming for gradual recovery in firm offshore orders into 2025–2026, while targeting higher service revenue contribution across an installed base exceeding 100 GW globally. Siemens Gamesa targets breakeven to positive EBITA before special items by FY2026/27 and mid-single-digit EBITA margin potential in services by 2025.
Competitive Landscape
Pro stress-test →Siemens Energy holds a majority stake in Siemens Gamesa, making it a global market leader for renewable energies. The company competes primarily with global wind turbine manufacturers in onshore and offshore segments, competing on reliability, low levelized cost of energy (LCOE), digital service capabilities, and sustainability credentials. Key competitive advantage lies in integrated Siemens Energy backing, technology platforms, and 127 GW installed base with long-term service revenue visibility.
Industry Context
Siemens Gamesa Renewable Energy, S.A. operates in Renewable Energy / Wind Power.
Key facts
Founded: 1976 · Headquarters: Zamudio, Bilbao, Spain · Employees: 29,000 · Revenue: N/A · Market cap: N/A