The fate of the offshore 50/50 joint venture between Gamesa and Areva of France is now widely reported as the obstacle to concluding a wind-power joint venture between the Spanish group and Siemens.
The agreement that formed Adwen included non-compete clauses that mean a merged Siemens and Gamesa must either buy out its French partner or sell its half-share in the offshore turbine group, according to French business journal Les Echos, which cited several unidentified sources.
The
