Senvion Explained

Senvion SA
Type:Société Anonyme
Key People:Yves Rannou (CEO)[1]
Industry:Renewable power
Products:Wind turbines
Revenue: € 1.89  billion (2017)[2]
Num Employees:4500 (2017)[3]
Parent:Siemens Gamesa[4]
Foundation:2001
Location:Hamburg, Germany

Senvion S.A. (called REpower Systems SE until 2014) was a German wind turbine manufacturer founded in 2001 in Germany, majority owned by a private equity firm.Senvion as REpower Systems, as it was initially called, was established in 2001 through the merger of German wind companies: HSW (Husumer Schiffswerft), the engineering consultancy Pro+Pro (a subsidery of Denker&Wulf and aerodyn Energiesysteme GmbH), the wind turbine manufacturer BWU and Jacobs Energie; and since April 2015 Centerbridge Partners.[5] [6] [7] [8] It was under the ownership of Suzlon, an India wind turbine manufacturer, from 2007 to 2015.

With equipment pricing under pressure due to auctions, Senvion filed for insolvency in German courts in early April 2019.[9] Senvion sold its 9 GW European service fleet to Siemens Gamesa in October 2019.[10] A Saudi Arabian company, Alfanar, acquired the Indian division of Senvion in 2021.[11]

See also

Notes and References

  1. New chief takes reins early at Senvion . reNEWS - Renewable Energy News . en . 13 December 2018.
  2. Senvion takes onshore knock . reNEWS - Renewable Energy News . en . 15 March 2018.
  3. About Senvion - senvion.com . 2017-11-17.
  4. Web site: About Senvion . 1 December 2020.
  5. Web site: Suzlon to Sell German Unit to Centerbridge for $1.2 Billion. 22 Jan 2015. Alexander, George Smith. Bloomberg.com. 2015-06-20.
  6. News: How Suzlon swung the REpower deal! . The Times Of India . 2007-05-26.
  7. News: Areva takes 51% in German wind plant firm -source . Reuters . 2007-09-16.
  8. Web site: Beckett . Paul . Suzlon Aims for Full Control of REpower - WSJ . Online.wsj.com . 2009-12-10 . 2015-06-20.
  9. News: German wind turbine maker Senvion files for insolvency . 10 April 2019 . Reuters.
  10. Web site: Liu . Leila Garcia da Fonseca and Daniel . A Closer Look at Siemens Gamesa’s Deal for Senvion . www.greentechmedia.com . 23 October 2019.
  11. Web site: Saudi firm Alfanar acquires wind turbine maker Senvion India . The Economic Times . https://web.archive.org/web/20211006101833/https://economictimes.indiatimes.com/industry/renewables/saudi-firm-alfanar-acquires-wind-turbine-maker-senvion-india/articleshow/84234894.cms?from=mdr . 6 October 2021 . 8 July 2021 . live.