Gamesa and Bard sign MoU

Bard has a portfolio of 5,000 MW of offshore wind capacity under different stages of development in Germany and the Netherlands. The agreement envisages a significant investment by Gamesa for a minority stake in Bard and the creation of a joint venture to sell turnkey solutions and provide services in the offshore wind power market. The MoU may also enable Gamesa to develop manufacturing facilities to produce Bard offshore wind turbines under licensing contracts. Both companies have agreed on a negotiating period until the end of March.

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