EnBW Acquires Turbine Service Provider To Tap Nordic Business

Posted by Lauren Tyler on August 04, 2016 No Comments
Categories : New & Noteworthy

German utility EnBW says it will expand its service business for wind turbine generators by purchasing wind turbine service provider Connected Wind Services (CWS), headquartered in Denmark.

EnBW says the deal will help it “become a significant player in the fast-growing area dealing with the service and maintenance of wind turbine generators” and will strengthen its position as a full-service provider for the planning, construction, operation, maintenance and service of wind farms.

“In particular, the aim is to tap the potential for new customers in the Nordics and Germany together with CWS,” the company adds.

The process for examining the acquisition is due to take place in the next few weeks, and the transaction is expected to be completed in the fourth quarter.

“We are making good progress in the expansion of our renewable energies, with 336 MW of offshore capacity in operation, more than 1,600 MW of approved offshore capacity and a secured onshore pipeline of around 1,100 MW,” says EnBW Chief Technology Officer Hans-Josef Zimmer.

“We have been successfully planning, constructing and operating wind farms for many years. By acquiring CWS, we are now expanding this range of services to include maintenance and servicing because we want to grow further – and faster. CWS opens up the possibility for us to also play an active role in new markets,” Zimmer adds.

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