Gamesa Solar focuses on the development, construction and sale of solar photovoltaic plants as well as providing turn-key project management for third parties.
Guillermo Ulacia, Gamesa chairman and CEO, said: The sale of Gamesa Solar monetizes the value created in a business that was created in 2005. Additionally, we have completed our exit from non-core activities after the divestitures of the aeronautics and services divisions in 2006. After this transaction, Gamesa Corporacion Tecnologica concentrates fully in wind energy, a highly technological activity where Gamesa is an international leader.
