European Tribune - Comments - Spain: War of the Renewables

Spain: War of the Renewables | 36 comments (36 topical, 0 editorial, 0 hidden)

That must be why Gamesa's stock price collapsed today. They are down 5% today, and 10% for the week.

by corncam on Thu Apr 22nd, 2010 at 06:34:09 PM EST

We would like to thank Goldman Sachs for their prescient downgrade of the renewable energy sector 10 April, which hit Gamesa harder. Way to factor in the real world, boys. Externalities sure don't count. Have fun with your entry-level Ferraris.

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin

by Crazy Horse on Fri Apr 23rd, 2010 at 03:05:37 AM EST
[ Parent ]

Re: Gamesa (4.00 / 2)

Yes, it's a big part of it, IBEX-listed stocks across the sector were pushed down, and the imminent IPO of two renewables companies has been complicated.

And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg

by ManfromMiddletown (manfrommiddletown at lycos dot com) on Fri Apr 23rd, 2010 at 12:45:54 PM EST
[ Parent ]

Re: Gamesa (4.00 / 2)

Were Gamesa also in the running for the 2.1GWp contract from EDP Renewables, that Vestas just won? If so, that might explain part of Gamesa's drop.

by LondonAnalytics (Andrew Smith) on Tue Apr 27th, 2010 at 07:58:41 AM EST
[ Parent ]

Spain: War of the Renewables | 36 comments (36 topical, 0 editorial, 0 hidden)

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