With around 140 employees as well as subsidiaries and joint ventures in Europe and the
At the end of 2008, the BGZ group had an installed base of more than 950MW in the wind-power sector alone.
SPV and BGZ have been co-operating since 2006, when SPV and the BGZ subsidiary WKN Windkraft Nord established the joint venture Innovative Wind Concepts to develop and implement wind-power projects in central and east
Regulatory approval of the transaction is still pending.
Both companies have agreed not disclose the purchase price.