EWE and ENERCON to Form Joint Venture

Wind Industry Profile of

Partners sign contract to establish a joint venture / Existing ENERCON and EWE wind farms and projects to be incorporated / Leading German producer of climate-friendly eco-power formed

The Aloys Wobben Foundation, sole shareholder of Aurich-based wind turbine manufacturer ENERCON, and Oldenburg-based energy service provider EWE have come a decisive step closer to the establishment of a joint venture to expand onshore wind energy: on Tuesday, the partners signed a corresponding shareholder and investment agreement which stipulates that each side holds 50 per cent of the shares and that the existing ENERCON and EWE wind farms and onshore projects will be incorporated in the future joint venture. The objective is to develop into one of the largest generators of eco-power in... ... More: Official Press Release EWE

Keywords:

EWE, ENERCON, AWS, turbine manufacturer, utility, green electricity, wind farm, onshore, distribution, jpint venture, stake, portfolio, megawatts