AREVA Purchases Remaining Shares Of Multibrid

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AREVA has purchased the remaining 49% of German wind turbine manufacturer Multibrid, which now becomes AREVA Wind, a wholly owned subsidiary of the group. This new platform will also include the rotor blade manufacturing division, formerly PN Rotor.

‘As major utilities are moving ahead by launching a number of European tenders, this acquisition illustrates AREVA's commitment to play a leading role in the development of the offshore wind industry and to establish long-term partnerships with customers,’ says Anil Srivastava, CEO of AREVA Renewables.

Multibrid manufactures the 5 MW M5000 wind turbines, six of which have been installed by AREVA in the alpha ventus offshore wind farm.

SOURCE: AREVA Â Â Â

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