Areva snaps up German turbine-blade manufacturer

French nuclear giant Areva has signed an agreement to buy German blade manufacturer PN Rotor from Prokon Nord Energiesysteme, adding to its growing presence in the offshore wind-turbine segment.



London: Areva Renewables chief executive Anil Srivastava says: "This acquisition reinforces Areva's ability to bring value to its offshore wind customers by securing the supply of a broader range of key components. The group is on track to become a major player in this rapidly growing sector."

PN Rotor has a blade factory in Stade, Lower Saxony, where it has the capacity to produce 300 of its 56.5-metre blades per year.

Areva, which bought a majority stake in turbine producer Multibrid from Prokon Nord in October 2007, recently signed a memorandum Log in to read complete article.

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