Gamesa and Areva have signed the final agreements, closing the transaction and creating Adwen, a joint venture dedicated to offshore wind, having 700 employees, 50-50 owned by the two companies and registered in Zamudio, Spain.
The joint-venture is responsible for the design, manufacturing, installation, commissioning and services of offshore wind turbines. Adwen is chaired by Louis-François Durret, CEO of Areva Renewable Energies and the Board of Directors is composed of eight members, four appointed by each parent company. The General Manager is Luis Álvarez, Chief Operating Officer of Gamesa’s offshore activities. Adwen has corporate offices in France, Spain, UK and Germany. The portfolio of the JV consist of the Adwen 8MW and 5MW platforms. The 8MW will reach serial production in 2018. The Adwen 5MW platform offers two complementary 5MW turbines available for immediate projects: the AD 5-135 and AD 5-132. The AD 5-135, formerly called M5000-135, is AREVA’s 5MW technology. The AD 5-132, developed by Gamesa and formerly called G132-5.0 MW Offshore, complements the product portfolio. Adwen will manufacture these turbines in its existing plants in Germany, Bremerhaven and Stade. The company will fulfill industrial commitments engaged by Areva and Gamesa, in France and in UK, comprising the creation of factories in Le Havre and the implementation of a network of suppliers and partners throughout the country.