Senvion

Senvion SA
Company typeSociété Anonyme
FWB: SEN
IndustryRenewable power
Founded2001
HeadquartersHamburg, Germany
Key people
Yves Rannou (CEO)[1]
ProductsWind turbines
RevenueDecrease € 1.89  billion (2017)[2]
Number of employees
4500 (2017)[3]
ParentSiemens Gamesa[4]
Websitewww.senvion.com

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

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. ^ "About Senvion". Retrieved 1 December 2020.
  5. ^ Alexander, George Smith (22 January 2015). "Suzlon to Sell German Unit to Centerbridge for $1.2 Billion". Bloomberg.com. Retrieved 20 June 2015.
  6. ^ "How Suzlon swung the REpower deal!". The Times Of India. 26 May 2007.
  7. ^ "Areva takes 51% in German wind plant firm -source". Reuters. 16 September 2007. Archived from the original on 19 July 2012.
  8. ^ Beckett, Paul (10 December 2009). "Suzlon Aims for Full Control of REpower - WSJ". Online.wsj.com. Retrieved 20 June 2015.
  9. ^ "German wind turbine maker Senvion files for insolvency". Reuters. Retrieved 10 April 2019.
  10. ^ Liu, Leila Garcia da Fonseca and Daniel (23 October 2019). "A Closer Look at Siemens Gamesa's Deal for Senvion". www.greentechmedia.com.
  11. ^ "Saudi firm Alfanar acquires wind turbine maker Senvion India". The Economic Times. 8 July 2021. Archived from the original on 6 October 2021.

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