A successful GE bid would give the American giant access to specific wind markets such as Brazil and the offshore sector, easing its dependence on the volatile US market and making it “a solid top-three player in wind”, predicts Recharge Insight.
While noting that the main drivers for GE’s interest in Asltom lie beyond renewables, Recharge Insight director Robert Clover says: “It also looks positive in renewables, even if these constitute a small slice of the assets that would be acquired.”
The
