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Talks to buy insolvent wind turbine blade manufacturer NOI Rotortechnik
1 May 2005
Two Asian companies and one European firm are in talks to buy insolvent blade manufacturer NOI Rotortechnik of Germany. The sale should be completed in June, according to the bankruptcy receiver, Rolf Rombach. Meanwhile production continues at the Nordhausen works of two to three 38 metre blades a week for turbine manufacturer DeWind, which is also in the process of being sold by its owner, British engineering company FKI (Windpower Monthly, April 2005). NOI Rotortechnik started insolvency proceedings in October 2004. Its blade factory in Nordhausen employs 120 people.
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