Senvion SA
Senvion designs, manufactures, and installs onshore and offshore wind turbine generators (WTGs). It also has an important and growing services division, providing operating, maintenance and other services to clients worldwide. As subsidies have fallen away, the industry has moved to highly competitive auctions. Senvion (and others) are still in the process of adjusting. Despite the challenges, Senvion should be able to rein in the cash burn this year and improve overall, ready for increased activity in the wind sector. It may also become an acquisition target.
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