Getting ready to go public -- Into Spain and Portugal

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Buoyed by success on export markets -- particularly Spain, Portugal and Japan -- German turbine manufacturer Fuhrländer is preparing to go public. Exports account for half its orders for 2000, with turnover projected at DEM 100 million, three times that of 1999, reports Joachim Fuhrländer. The company is founding a Spanish subsidiary in Madrid named Aerogeneradores, which will make the 1 MW and 1.5 MW Fuhrländer units. A Spanish base makes "project licensing speedier," he adds.

In Portugal, seven 1.5 MW machines will be operating by June at a site near Villa do Bispo in the Algarve, developed by German Unit Energy and a Spanish subsidiary, Picos Verdes. A further 14, 1 MW machines are set to come on-line in Cantabria, Spain, near Santander by August, developed by Pro Vento of Germany. Cantabrian wind has long been held up, however, by vehement pressure from ecologists.

Fuhrländer is also examining the potential of the Italian, Brazilian and Chinese markets and is looking at the African continent. Expansion in Japan is also on the cards, where is has supplied seven 250 kW turbines.

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