# Alfanar completes 100% acquisition of Senvion India

Alfanar, a Saudi company, completed the 100% acquisition of wind turbine OEM Senvion India from Senvion GmbH through its investment vehicle GREDHCL. The deal strengthens Alfanar's renewable energy presence in India.

- Type: Acquisition
- Announced: 2021-07-08
- Where: India
- Status: completed
- Products: wind turbines, EPC and O&M services for wind power
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Alfanar](https://endata.com/companies/16315.md) (acquirer)
- [Senvion](https://endata.com/companies/27535.md) (partner)
- [Senvion India](https://endata.com/companies/54995.md) (target)
- [Global Renewable Energy Development Holding Company Limited](https://endata.com/companies/56401.md) (investor)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/alfanar-completes-100-acquisition-of-wind-turbine-oem-senvion-india/article35228346.ece), 2021-07-09: "Alfanar’s investment in Senvion India is a start towards the goal to be a major player in Indian energy sector through its services in the fields of renewable energy and grid substations."
- [power-technology.com](https://www.power-technology.com/news/alfanar-senvion-india/), 2021-07-09: "Alfanar’s investment in Senvion India is a start towards the goal to be a major player in the Indian energy sector through its services in the fields of renewable energy and grid substations."
- [eqmagpro.com](https://www.eqmagpro.com/saudi-arabias-alfanar-buys-wind-turbine-maker-senvion-india/), 2021-07-12: "Through this acquisition, Senvion India will provide full EPC and O&M solutions for wind power projects to customers in India."

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