Spain: EIB finances Siemens Gamesa’s innovation strategy ...Middle East

european union - Economy
Spain: EIB finances Siemens Gamesa’s innovation strategy
source : european union ( Middle East ) () 17
The EIB will provide €300 million to Siemens Gamesa Renewable Energy (SGRE), one of the world’s leading manufacturers of wind turbines, to implement its research, development and innovation (RDI) plan during 2020-2023. The agreement includes a loan of €150 million, which may be extended with another tranche for the same amount next year. The investments will be carried out in SGRE’s R&D centres in Spain (Navarra, Vizcaya and Madrid) and Denmark (Aalborg and Brande).

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