EnergyWatch

A part of Watch Media

Danish wind start-up sold to UK fund manager

Wind Power Lab is merged into one of the world's largest turbine blade specialists. The company is taking a shortcut to the US market for Danish tech, says CEO, who remains with the company.

Photo: GEV Wind Power

With the accelerating build-out in wind energy comes a series of side effects. Quite specifically, for example, the number of installed turbine blades, including the amount of blade repairs, tool: As shown by recent years' examples of eroded edges and lightning-perforated blades, the industry has yet to construct an indestructible version of the pivotal component.

Now, Danish start-up Wind Power Lab will be a bigger part of this trend going forward. Bridges Fund Management has acquired the company and merged it into one of the very largest companies within blade maintenance and repair, GEV Wind Power, which has been owned by the British fund manager since 2019.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Ørsted makes group changes again

The Danish power company shakes up its organization once again, now parting ways with offshore wind chief of many years, while also moving other profiles up the corporate ladder.

Ørsted declines Taiwan tender bid

Quite atypically, the Danish market leader publicly rejects to bid in Taiwan’s solicitation for 3GW offshore wind due to poor framework conditions. The green transformation will wilt if developers build uneconomic projects, says CEO.

Last platform now in position at Tyra site

After completing the voyage from Batam, Indonesia, the process module is now in position in the North Sea. Only one piece is now missing from the reconstruction project at the Tyra site.

Further reading

Related articles

Latest News

See all jobs