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Vardis Again Supports Senvion and Centerbridge

Vardis Proud To Support the Senvion in Appointing Yves Rannou as the new Chief Executive of Senvion

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Senvion appoints Yves Rannou as the new Chief Executive.

Rannou was most recently Chief Executive of GE Renewable Energy's hydro division, following the US conglomerate's takeover of the power and grid business of Alstom.

He also held the role as Senior Vice President of Alstom's wind unit between January 2014 and October 2015. Rannou has more than 20 years of global senior executive experience in renewables.

The manufacturer's Chairman, Steven Holliday, said: "Yves is a proven executive whose skills and expertise ideally complement the existing management team. We are confident that he is the right leader to execute Senvion's growth strategy and position the business for future success."

"I am thrilled and honoured to be joining Senvion at a truly exciting time for the wind industry. Senvion has a long and successful track record as a major contributor to the energy transition," Rannou said of his new role.

"Senvion's value proposition, its customers and suppliers, and most importantly our team are great assets for further international expansion, sustainable growth and value creation for our partners," he added. "I look forward to work together with Senvion’s more than 4,000 talented employees to provide clean solutions for our planet.”

Senvion is one of the leading manufacturers of wind turbines. They develop, manufacture and sell onshore and offshore turbines for virtually any site. Around the world, they provide their customers with innovative and individual solutions from turbine design to logistics and installation, from foundation construction to service and maintenance. Senvion is a pioneer in wind energy, and offers a wide portfolio of onshore and offshore turbines. With rated nominal power from 2 to 6.33 megawatts, rotor diameters of up to 152 m and a range of hub heights, they can develop individual solutions for projects of every size –from single turbines to entire wind farms. 

Centerbridge, a multi-strategy private investment firm focused on leveraged buyouts and distressed securities with offices in New York and London, acquired Senvion, the €2bn revenue German offshore wind technology manufacturer early in 2015.

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