PressPress archives2011
BayWa acquires major shares of WKN USA
BayWa AG is expanding its international operations by stepping up its activities in the field of renewable energies: The trading group has entered the wind power project business in the USA through its wholly-owned US subsidiary BayWa r.e USA LLC. BayWa r.e has acquired 70 percent of WKN USA, LLC from Windkraft Nord USA, Inc., a subsidiary of German based developer WKN AG. A stake of 30 percent in the shares in WKN USA will remain with WKN AG and the management.
Read moreBGZ AG, energy-consult and WKN Windkraft Nord AG become WKN ...
Merging within the WKN Group
Read moreEquiventus acquires shares of WKN AG Pipeline
The investment company Equiventus Capital S.a.r.l. has acquired a minority share of the wind energy projects from the project developer WKN Windkraft Nord with a total volume amounting to approximately 450 Megawatt. This business transaction pertains to locations in Italy and Poland. At the end of 2010 Equiventus already took over the 50- megawatt "Bardy" project in Poland from the Husum project developer. Equi-ventus Capital S.a.r.l. is a branch of Equiventus Holding S.A. with its headquarters in Luxemburg.
Read moreWind pioneer Volker Friedrichsen joins the Board of ...
After more than ten years as a member of the Board of Directors of the BGZ AG Volker Friedrichsen resigned his position as Chief Executive Officer (CEO) according to plan as of 31st December 2010. The sixty-four-year-old wind pioneer has joined the Board of Supervisors of the BGZ Group founded by Friedrichsen himself and remains its majority shareholder. With the establishment of WKN Windkraft Nord already in 1990 Friedrichsen had laid the foundation for the Husum company group. Before 2000 when the skilled banker began devoting himself completely to the further development of the company he had founded, Friedrichsen had been the Managing Director of the German subsidiary of the turbine manufacturer Vestas for ten years.
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