Tag Archives: Senvion

Senvion continues installed wind turbines growth

Senvion successfully completed the installation of 546 MW in the first six months of 2019 and achieved 89% yoy growth compared to the 289 MW in the corresponding period in 2018. The growth was largely driven by installations in new markets, namely Latin America and Australia. In addition to the continued growth in capacity, two … Continue reading Senvion continues installed wind turbines growth

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Senvion completes installations of key wind energy projects in growth markets

Senvion has successfully completed the installation of three key wind farm projects in Chile and Australia. In Chile, the Sarco and Aurora wind power projects consist of 93 wind turbines with a total installed capacity of around 299 MW. In Australia, the Pacific Hydro Crowlands Wind Farm features 39 Senvion MM92 turbines. The commissioning of … Continue reading Senvion completes installations of key wind energy projects in growth markets

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Senvion secure 200 MW offshore wind farm

Senvion and Trianel Windkraftwerk Borkum II GmbH & Co. KG (TWB II) announced today to continue their cooperation. The wind energy project partners have agreed on a new supply contract, which will ensure supply of wind turbines for the Trianel Borkum II wind farm. The remaining 17 of the 32 wind turbines are supposed to … Continue reading Senvion secure 200 MW offshore wind farm

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Senvion completes installation of first 2.3M130 wind turbine

Senvion has successfully completed the first installation of the new 2.3M130wind turbine in Gujarat, India. With a rotor diameter of 130 metres, it is one of the largest turbines ever installed in India. Its installed capacity of 2.3 MW will provide electricity to over 1,500 Indian households. The 2.XM platform combines robust, reliable and proven … Continue reading Senvion completes installation of first 2.3M130 wind turbine

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Customers support Senvion with 100 MW wind energy contract extension

Senvion, Libeccio S.r.l. and ERG Power Generation S.p.A. have signed extensions for existing service contracts for two wind farm projects in Italy. Senvion has provided the service for 48 wind turbines (total of 107.8 MW) since their installation. The wind power projects are part of the 14.1 GW installed capacity serviced by Senvion globally. These … Continue reading Customers support Senvion with 100 MW wind energy contract extension

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Lincoln Gap wind farm delivers first wind power to grid as it deals with Senvion wind turbines

he 212MW Lincoln Gap wind farm, located near Port Augusta in South Australia, has exported its first energy generation as project owner Nexif Energy said it had intervened to keep the project on track while Senvion sorts out its financial problems. The Lincoln Gap wind farm is one of the biggest new renewable energy developments … Continue reading Lincoln Gap wind farm delivers first wind power to grid as it deals with Senvion wind turbines

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Senvion signs EUR 100m loan agreement

Senvion, its lenders and main bond holders have signed a binding loan agreement, setting forth terms for a EUR 100m debtor-in-possession (“DIP”) facility. The facility enables Senvion to continue its business operations following last week’s self-administration filing. The DIP facility has received Board approvals and allows substantial drawings already this week, thus enabling the company … Continue reading Senvion signs EUR 100m loan agreement

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Senvion TopCo GmbH files a petition for ordinary insolvency

Senvion Holding GmbH (the “Issuer”) today filed a petition to commence self-administration proceedings (Eigenverwaltungsverfahren) pursuant to section 270 of the German Insolvency Code (Insolvenzordnung) with the competent Local Court (Amtsgericht) in Hamburg (the “Court”). Additionally, Senvion TopCo GmbH, the Issuer’s direct parent company (the “Parent”), filed a petition for ordinary insolvency proceedings with the Court. … Continue reading Senvion TopCo GmbH files a petition for ordinary insolvency

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Senvion Holding GmbH Announces Second Consent Solicitation

Senvion Holding GmbH (the “Issuer”), announced today that it is soliciting (the “Solicitation”) consents (the “Consents”) from holders of its outstanding 3.875% Senior Secured Notes due 2022 (the “Notes”) to approve amendments (the “Proposed Amendments”) to the indenture relating to the Notes (the “Indenture”) to allow the incurrence by the Group of certain new financing … Continue reading Senvion Holding GmbH Announces Second Consent Solicitation

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Senvion accelerates its transformation program

Senvion GmbH today filed for self-administration proceedings in order to safeguard its ongoing transformation program. These preliminary self-administration proceedings relate to Senvion GmbH as well as its subsidiary Senvion Deutschland GmbH. After refinancing discussions with lenders have so far not come to a positive conclusion. The objective of the proceedings is to allow Senvion to … Continue reading Senvion accelerates its transformation program

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Senvion Holding GmbH Announces Consent Solicitation

Senvion Holding GmbH (the “Issuer”), announced today that it is soliciting (the “Solicitation”) consents (the “Consents”) from holders of its outstanding 3.875% Senior Secured Notes due 2022 (the “Notes”) to approve amendments (the “Proposed Amendments”) to the indenture relating to the Notes (the “Indenture”) to require, among other things, the instruction from holders of Notes … Continue reading Senvion Holding GmbH Announces Consent Solicitation

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Senvion appoints Neil Robson as Chief Restructuring Officer

Senvion today announced the appointment of Neil Robson as Chief Restructuring Officer (CRO). He will be part of the management board, reflecting the company’s increased focus on securing financing solutions underpinning the implementation of the transformation programme. Neil Robson in his new role as CRO will be an important pillar in the financing discussions required … Continue reading Senvion appoints Neil Robson as Chief Restructuring Officer

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Senvion installs the tallest wind turbines in France

Senvion installs the tallest wind turbines in France for BayWa r.e. With a tip height of 200 metres, the Senvion 3.0M122 wind turbines are currently being installed in the wind farm Les Landes, located in the French department of Haute Vienne. Olivier Perot, Managing Director of Senvion Europe South, states: “Thanks to its flexible and … Continue reading Senvion installs the tallest wind turbines in France

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Senvion secures the first offshore wind farm in the Mediterranean Sea

Italian near shore wind farm to feature ten 3 MW wind turbines. Senvion has concluded a 30-megawatt (MW) contract with Renexia for the first offshore wind farm in the Italian Mediterranean Sea. The wind farm will feature ten Senvion 3.0M122 wind turbines, installed on monopile foundations in a water depth ranging from 3 to 18 … Continue reading Senvion secures the first offshore wind farm in the Mediterranean Sea

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Senvion takes action to strengthen wind energy business

After a comprehensive review of Senvion’s global business, the challenging market conditions and its operational performance, the new Management Board of Senvion has started to implement a transformation programme as a matter of urgency, designed to stabilise the company, eliminate inefficiencies and improve execution to tackle the problems that caused loss of revenues and profits … Continue reading Senvion takes action to strengthen wind energy business

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Senvion to build $1bn wind farm in Egypt

In order to achieve 20% of the renewable power in its overall energy by 2022, Egypt is keen on allowing Arab and foreign investors to inject their capitals in the power market. Power projects include the Zaafarana complex for wind power with a capacity of 545MW, Jabal al-Zeit complex for wind power with a capacity … Continue reading Senvion to build $1bn wind farm in Egypt

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Milestone Senvion’s wind turbines installed at Mynydd Y Gwair Wind Farm in South Wales

Senvion has reached the historic milestone of 1,000 wind turbines installed in the UK. The landmark wind turbine was installed at the Innogy Renewables UK Ltd. Mynydd Y Gwair Wind Farm in South Wales earlier this month. The news culminates a highly successful three years between 2016 and 2018 during which Senvion has installed 350 … Continue reading Milestone Senvion’s wind turbines installed at Mynydd Y Gwair Wind Farm in South Wales

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Senvion and Mainstream Renewable Power sign further 84 MW wind energy order for wind power project in Chile

Senvion and Mainstream Renewable Power Ltd (“Mainstream”) have signed a wind power contract for 20 Senvion 4.2M148 wind turbines for the Alena wind farm project in Chile. This is the third conditional contract within a month. The three contracts signed are for a total of 424 MW and the contract scope includes the delivery, installation … Continue reading Senvion and Mainstream Renewable Power sign further 84 MW wind energy order for wind power project in Chile

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Senvion: Executive transition

Senvion S.A. (“Senvion”) announces that Manav Sharma today informed the Board about his decision to resign from his office as Chief Financial Officer (CFO). The Supervisory Board of Senvion S.A. has appointed Hans-Jürgen Wiecha as successor to Manav Sharma as Chief Financial Officer. He will join the company from 1 February 2019. After leading the … Continue reading Senvion: Executive transition

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Wind power in Italy: Senvion wind turbines for a wind farm

Senvion has concluded a wind energy contract for the largest rotor turbine in Italy. The order by Repower Renewables comprises the delivery and installation of the Rosario wind farm, located in the province of Sassari (Sardinia, Italy) and is part of Senvion’s December order intake. Senvion will provide full maintenance services for 15 years.   … Continue reading Wind power in Italy: Senvion wind turbines for a wind farm

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