Siemens Gamesa Renewable Energy (SGRE)

Rising Steel Costs Chop Off Turbine Maker Siemens Gamesa’s Profits

Spanish-German wind engineering company Siemens Gamesa Renewable Energy (SGRE) has released preliminary results for the third quarter of financial year 2021 and updates the guidance for financial year 2021. The company reports that the “sharp” rise in steel costs and the production of a new line of wind turbines have decreased its profits. Siemens Gamesa’s official […]

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