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February 17, 2002 – Vol.6 No.47

WORLD WIND WATCH.

The U.S. will continue to have at least one player in the utility-grade wind turbine manufacturing business. The turbine manufacturing arm of Enron Wind has been sold to GE Power Systems. The purchase, which also includes eleven marketing and sales offices around the world, does not include any of Enron Wind’s wind farms. Since Enron Wind will also file for bankruptcy, those assets will probably be sold in those proceedings.

The acquisition by GE seems a natural fit. GE is already heavily into the power generation business. Visit Enron Wind at http://www.enronwind.com/ .

 

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