Siemens will acquire a 49% stake in A2SEA, the company specialized in the construction of offshore wind farms. The main shareholder in the company will continue to be DONG Energy. Siemens wants to see A2SEA go further and advance in the industrialization of offshore wind power.

A2SEA will probably build optimized vessels to server the offshore wind industry. Optimization of these ships along with the optimization of processes will result in higher efficiency, shorter installation periods and more value for the customers.

Closing of the acquisition agreement is expected in Q4 2010, with EUR 115 million as the amount involved in this deal, payable in two yearly installments.

[source: Siemens]