IKEA diversifies and buys wind farms

Spain (Notifix).- The world's leader in RTA furniture manufacturing and retail, the IKEA Group of Sweden, has acquired from the Spanish company Gamesa, a leading wind turbine

manufacturer and a key global player in wind farm development, six wind farms in located in Germany. The six wind farms have a combined installed capacity of 45.05 MW and are located in different regions at the northeast and southeast of the country. The amount of the negotiation was not made public. The Swedish giant has already some experience in renewable energies. In particular with photovoltaic cells in a few of its' stores which the company plans to expand to at least 150 more stores in the next years. With more than 15 years' experience, Gamesa is a world leader in the design, manufacture, installation and maintenance of wind turbines, with more than 20,000 MW installed in 20 countries on four continents. The company is also a global benchmark in the market for the development, construction and sale of wind farms, with more than 3,500 MW installed and a wind farm portfolio totaling 22,000 MW at varying stages of development in Europe, America and Asia. With 30 manufacturing facilities in Europe, the USA, China and India, and 4,400 MW of annual manufacturing capacity, Gamesa has an international workforce of more than 6,300 people.

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