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Windtech International May June 2024 issue

 

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AAER Inc. has announced that it has completed the creation of AAER SAS, a joint venture with Valorem SAS, a French developer and energy producer, for the distribution of AAER's 2MW wind turbine in France.

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The newly created entity will have its place of business near Bordeaux, France. AAER SAS, 67% owned by AAER and 33% by Valorem, will be responsible for distributing the A-2000 model in France. AAER SAS plans to eventually establish assembly or manufacturing activities in France when yearly sales of the A-2000 reach a level sufficient to support the related capital expenditures.
 
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