Siemens moves into the wind business

29 October 2004


Siemens PG is to acquire Bonus Energy A/S from Danregn Vindkraft A/S, one of the five major suppliers of wind energy systems worldwide. With a workforce of 750 the company posts annual sales of approximately E300 million. Conditional upon approval of the relevant competition authorities, closing is planned for early December 2004.

Bonus Energy has installed more than 5000 turbines with an aggregate capacity above 3 GW in more than twenty countries. The company has leading positions in various markets and within offshore wind farms, a market increasingly gaining in importance. In 1991, Bonus Energy supplied the world's first offshore wind farm, and in 2003 the world's largest offshore wind farm to date with a capacity of 166 MW, located at Nysted in Denmark.

In addition to an assembly plant at the corporate headquarters in Brande, Denmark, Bonus Energy has its own newly built rotor blade production facility in Aalborg, Denmark.

Today, the world market volume for wind energy systems is around r6 billion. Annual growth rates of 10 % over the coming years mainly in Europe, the US and Asia are anticipated.




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