Spanish firm Gamesa Signs MoU with BLRT to Explore Cooperation Opportunities

BLRT Grupp, one of the biggest industrial holdings in the Baltic States, and Gamesa, global technological leader in design, manufacture, installation and maintenance of wind turbines, through the intermediary of Energy Worldwide Holding, have signed a Memorandum of Understanding to explore cooperation opportunities.

The document confirms both companies’ mutual interest in further detailed exploration of cooperation opportunities in the Baltics.

“For our holding it is a good chance to strengthen our position on the renewable energy market,” explained Kristina Arutjunova, Assistant to the Chairman of the Board of BLRT Grupp for offshore industry. She added: “Our holding has significant experience in production of complex steel constructions for the offshore wind energy market. Together with Gamesa we will explore additional opportunities such as establishing an onshore tower manufacturing facility.”

“Gamesa is moving to expand in Northern Europe and more specifically in the Baltic States,” said Dirk Matthys, Chairman for Northern Europe, “therefore we are looking forward to identify cooperation opportunities with BLRT Grupp to support this growth.”

BLRT Grupp is a multi-profile concern with a well-developed modern structure and active participation in the Estonian, Latvian, Lithuanian, Finnish, Norwegian, Polish, Ukrainian and Russian markets. Today BLRT Grupp incorporates 72 companies and holds leading positions in such business areas as shipbuilding, ship repair, production of metal constructions, metal trading, machine building, scrap processing, production of industrial gases, transport and port services. The history of the concern goes back to the Russo-Baltic Shipbuilding Yard, established in 1912.

Gamesa is a global technological leader in the design, manufacture, installation and maintenance of wind turbines, with 18 years of experience and over 24,000 MW installed in 30 countries. Its comprehensive response includes the design, construction and installation of turbines, as well as the operation and maintenance services’ management on 16,300 MW. The company has some 30 production facilities in Europe, the US, China, India and Brazil and a global headcount of 8,000. Gamesa is also a global benchmark in the development, construction and sale of wind farms, having installed close to 5,000 MW and having a pipeline of 23,800 MW at varying stages of development in Europe, the Americas and Asia.

[mappress]

Offshore WIND staff, February 28, 2012

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