Consolidation among major wind companies almost over

Wind turbine manufacturers have been aggressively teaming up and the industry does not need any more consolidations, assesses FTI Consulting.

Photo: PR, Gamesa

After a big wave of mergers and acquisitions among major turbine manufacturers, the trend now seems to be dying down, according to Feng Zhao, Senior Director at FTI Consulting, in an interview with Ritzau Finans in Anaheim, California.

"Consolidation between tier 1 and tier 2 companies is almost over. I don't see any notable consolidation ahead," says Zhao.

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