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TÜV Rheinland supervises Senvion sale

By Paul Dvorak | February 17, 2015

TÜV Rheinland says it has provided American investor Centerbridge Partners LP important consultancy support and technical due diligence prior to its purchase of German wind-energy facilities manufacturer Senvion from the Indian Suzlon Group. TÜV Rheinland concluded the technical due diligence inspection within a month.

Senvion SE is an international manufacturer of onshore and offshore wind turbines.

Senvion SE is an international manufacturer of onshore and offshore wind turbines.

The consultants add that they successfully carry out due diligence in many different industries on behalf of investors, banks, and insurance companies to provide risk assessment from a technological viewpoint and secure transactions. Technical due diligence includes evaluating products, plans, and future prospects in terms of technological aspects. Specific industry market and competitive situations are also considered. Furthermore, technical due diligence examines the effects of quality management, measures risk and reliability, and evaluates production facilities at various locations.

Senvion SE is an international manufacturers of onshore and offshore wind turbines. The OEM is developing, constructing, and distributing wind turbines around the world. The power ratings of its turbines range from 1.8 to 6.15 MW with rotor diameters from 82 to 152m. Furthermore, Senvion provides project-specific turbines in the areas of wind-farm engineering, service and maintenance, transport and installation as well as foundation. With more than 3,400 employees worldwide the OEM can draw on the experience of having constructed and installed over 5,800 wind turbines. Centerbridge Partners LP, a private investment company, focuses on private equity and credit investments.

TÜV Rheinland says it offers a range of services for manufacturers, operators, investors and insurance companies in the wind energy industry. The company assists clients all over the world by providing expert assessments and measurements, performing risk and damage analysis, and certifying wind turbines and wind power projects. The consultancy is accredited by the Germany’s National Accreditation Body (DAkkS) for the type and component certification of onshore and offshore wind turbines in compliance with national and international standards.

TÜV Rheinland
http://www.tuv.com/en/usa/home.jsp

Senvion SE
www.senvion.com


Filed Under: News
Tagged With: senvion, TuV Rheinland
 

About The Author

Paul Dvorak

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