Month: March 2018
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The quest for scale: mergers and acquisitions in the wind industry
Mergers and acquisition are not a recent phenomenon in the wind business. My former manager Luis Miguel still remember vividly the merger in ’97 between Nordtank Energy Group (NEG) and Moerup Industrial Windmill Construction Company (Micon) – and the subsequent merger between NEG Micon and Vestas in 2004. While in ’97 I was still enjoying…
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5 strange things that you might find in a wind farm
Working on a variety of projects worldwide I sometimes see unusual requests from customers that want to complement their new wind farm with some nonstandard feature. I’m collecting here my personal top 5 of “…are you REALLY sure you want it?”. Even if often this type of requirements can lift considerably the price (and make…
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Looking for an electrical engineer specialized in Turnkey / EPC (Balance of Plant)
If you are reading this blog chances are that you know someone who could be interested in this position… Please spread the word! Link: Project Engineer Electrical Balance of Plant-Turnkey (m/w)
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Payment Security: an overview
In another post I have presented several types of financial securities. In this post I would like to describe more in detail an important subcategory, the Payment Securities. A Payment Security is usually requested by the seller from the buyer of wind turbines. It is a mechanism to compensate the seller, entirely on partially, if…
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Itemized sourcing: everybody else is doing it, so why can’t we?
Itemized sourcing is the new mantra in the business. Basically, it means that you should split the BoP (Civil and Electrical works) in as many lots as possible, in order to achieve substantial savings. This strategy is the opposite of the “single subcontractor” approach, where you give the full package to a unique contractor or…