Senvion

Senvion S.A. (called REpower Systems SE until 2014) is a German wind turbine manufacturer founded in 2001 in Germany, majority owned by the private equity firm, Centerbridge Partners since April 2015.[4][5][6][7] It was under the ownership of Suzlon, an India wind turbine manufacturer, from 2007 to 2015.

Senvion SA
Société Anonyme
Traded asFWB: SEN
ISINLU1377527517 
IndustryRenewable power
Founded2001
HeadquartersHamburg, Germany
Key people
Yves Rannou (CEO)[1]
ProductsWind turbines
Revenue  1.89  billion (2017)[2]
Number of employees
4500 (2017)[3]
Websitewww.senvion.com
REpower in Bremerhaven, Germany (Aerial view 2012)
REpower MM82 Wind Turbine in Minervino Murge, Italy

With equipment pricing under pressure due to auctions, Senvion has filed for insolvency in German courts in early April 2019.[8] Senvion sold its 9 GW European service fleet to Siemens Gamesa in October 2019.[9]

Senvion 5MW in Thornton Bank

See also

References

  1. "New chief takes reins early at Senvion". reNEWS - Renewable Energy News (Press release). 13 December 2018.
  2. "Senvion takes onshore knock". reNEWS - Renewable Energy News (Press release). 15 March 2018.
  3. "About Senvion - senvion.com" (Press release). Retrieved 17 November 2017.
  4. Alexander, George Smith (22 January 2015). "Suzlon to Sell German Unit to Centerbridge for $1.2 Billion". Bloomberg.com. Retrieved 20 June 2015.
  5. "How Suzlon swung the REpower deal!". The Times Of India. 26 May 2007.
  6. "Areva takes 51% in German wind plant firm -source". Reuters. 16 September 2007.
  7. Beckett, Paul (10 December 2009). "Suzlon Aims for Full Control of REpower - WSJ". Online.wsj.com. Retrieved 20 June 2015.
  8. "German wind turbine maker Senvion files for insolvency". Reuters. Retrieved 10 April 2019.
  9. Liu, Leila Garcia da Fonseca and Daniel (23 October 2019). "A Closer Look at Siemens Gamesa's Deal for Senvion". www.greentechmedia.com.
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