# Severstal, Rusnano and Windar Renovables form JV for wind turbine towers

Severstal, Rusnano and Windar Renovables have signed an agreement to create a joint venture, WRS Bashni, to produce steel towers for wind power plants in the Rostov Region. Total investment in the first stage is over 750 million roubles, with production capacity reaching 300 MWt per annum within two years.

- Type: Partnership
- Announced: 2018-09-14
- Where: Rostov Region, Russia
- Value: $11.5M (750.0M RUB)
- Status: announced
- Capacity: 300 MWt per annum
- Products: steel towers for wind power plants
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Severstal](https://endata.com/companies/1170.md) (partner)
- [Rusnano](https://endata.com/companies/28225.md) (partner)
- [Windar Renovables](https://endata.com/companies/34320.md) (partner)

## Sources

- [open.energyland.info](http://open.energyland.info/news/en_news/none/176827), 2018-09-14: "Severstal, Rusnano and Windar Renovables have concluded an agreement to create a joint venture, WRS Bashni, LLC, to produce steel towers for wind-driven power plants."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.