Areva Acquires Remaining 49% of Multibrid

Areva announced its purchase of the remaining 49% of Multibrid, a German wind turbine manufacturer, which becomes Areva Wind, a wholly-owned subsidiary of the group. This acquisition will allow a fast ramp-up of its production capacity to address the growth expected in the wind industry in the next five years. 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”, said Anil Srivastava, CEO of Areva Renewables.

In mid-2007 Multibrid GmbH inaugurated a new assembly plant for its innovative 5 MW M5000 offshore wind turbine model in Bremerhaven, Germany. The same year Areva Group, world leader in nuclear power and electricity transmission and distribution, acquired a 51% majority share in Multibrid.

Six M5000 turbines have already been installed by Areva in the Alpha Ventus offshore wind farm, built in the North Sea under real offshore conditions, and are currently in the test phase. This pilot project will provide important feedback and essential experience to develop offshore wind farms.

For more information on Multibrid’s offshore turbine technology, read “Areva Multibrid’s Series Production: An Ambitious Growth Path” by Eize de Vries.

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