Siemens Financial Services (SFS) – the finance arm of industrial giant Siemens – made its debut in the Asian wind market by backing a project in India, giving a boost to the German group’s Siemens Gamesa turbine venture.
SFS will take a 46% stake in a 200MW wind farm under development by Greenko, which is one of the winners in a spate of inter-state auctions run for the Indian government by the Solar Energy Corporation of India Limited (SECI).
