A transaction related to the sale of wind turbine manufacturer Senvion’s India business has been completed. According to media reports, the Saudi Arabia-based manufacturer of power equipment Alfanar has completed the acquisition of Senvion’s India business. Alfanar completed the transaction through Global Renewable Energy Development Holding Company Limited, which had … [continued]
Months after German wind turbine maker Senvion announced the sale of some assets to competitor Siemens Gamesa, it has found a strategic investor for one of its subsidiaries as well.
Once a subsidiary of Indian wind energy giant Suzlon Energy, Germany-based Senvion is set to enter the Indian market to compete with its former parent. According to media reports, Senvion SA has agreed to acquire wind turbine manufacturer Kenersys India. Senvion will acquire Kenersys’ production facilities as well as service operations … [continued]
Just over a year after it was sold to an equity investment firm, Senvion is set to enter the wind energy market in India. Europe-based Senvion has announced plans to start operations in India soon. According to a statement released by the company, it will offer “high-quality wind energy solutions … [continued]
