Broadwind Energy (BWEN): Who was BWEN's $23M contract customer? G...

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Saturday, 01/14/2012 9:07:12 PM

Saturday, January 14, 2012 9:07:12 PM

Who was BWEN's $23M contract customer? GE??

GE Wind Energy is a branch of GE Energy, a subsidiary of General Electric. The company manufactures and sells wind turbines to the international market. In 2009, GE was the second largest wind turbine manufacturer in the world.[1]

In February 2011, GE also acquired Wind Tower Systems, LLC, a manufacturer of space frame wind turbine towers.

Wind Tower Systems has developed a metal lattice system that lets developers transport towers of 328 feet or more in sections and assemble them on-site, GE said Friday in a statement. It did not give a price.

GE expects to begin using the so-called space frame systems commercially in 2012.

Is BWEN next?

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