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Spain

Acciona cuts staff amid financial crisis

Spain's Acciona Windpower has become the latest company active in the American wind sector to cut staff amid the financial crisis. Citing uncharacteristically low demand for wind turbines due primarily to instability in the finance markets, the company is reducing its workforce by 65 employees, mostly at its turbine assembly plant in West Branch, Iowa. The company's general manager in the US, Adrian La Trace, says the downscaling is only a short term response to the cooled off wind market, adding that the company "will remain well positioned to fill orders for turbines when the demand inevitably increases."

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