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

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

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.