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Gamesa Cancels a EU60 Million Contract in Syria, Expansion Says

Nov. 18 (Bloomberg) -- Gamesa Corp. Tecnologica SA declined to continue with a 60 million-euro ($80.93 million) contract to build a Syrian wind power plant in protest for the government’s repression to its own citizens, Expansion said citing Chairman Jorge Calvet.

The contract had been awarded by the Syrian government last year before the riots started, Calvet said at an event organized by the London School of Economics.

To contact the reporter on this story: Esteban Duarte in Madrid at eduarterubia@bloomberg.net

To contact the editor responsible for this story: Paul Armstrong at parmstrong10@bloomberg.net;

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