Press Releases

Windreich GmbH drives progress on offshore project MEG I

Wolfschlugen, 18. September 2013

Windreich GmbH continues driving the development of the offshore wind farm MEG I and targets the financial close within this year. Negotiations on the new management with suppliers, potential investors and the advisory banks were positive.

Windreich subsidiary WKU files for insolvency

Wolfschlugen, 13. September 2013

Heer: “The offshore-project MEG I continues without any restrictions.“

As a consequence of the ongoing insolvency proceedings at Windreich GmbH its wholly-owned subsidiary, Windkraft Union GmbH, Wolfschlugen (WKU), had to file for insolvency at the local court in Esslingen. This step was necessary because WKU has significant claims against Windreich GmbH which currently cannot be satisfied. WKU has worked as a project development company for the Windreich group.

Wind Energy Pioneer Willi Balz paves way for Windreich’s reorganization

Wolfschlugen, 09 September 2013

Willi Balz, chief executive of Windreich GmbH in Wolfschlugen near Stuttgart has withdrawn from the management of Windreich GmbH with immediate effect. Werner Herr steps in as acting chief executive of Windreich GmbH. Herr worked previously as an adviser to the Company.

DolWin Alpha: Important Milestone for the success of the German Energy Transition

Wolfschlugen August, 26 2013

Converter platform “DolWin alpha” for the Windreich wind farm MEG 1 successfully installed in the German North Sea

The converter platform for the electricity transport of the Windreich offshore wind farm MEG 1 was successfully installed.

Cooperation Contract for Offshore Wind Projects in the Baltic Sea Signed

AREVA Wind and WINDREICH founder Dipl. Industrial Engineer Willi Balz decide on cooperation

Wolfschlugen, 22 August 2013

At the annual press conference on August 21 in Bremerhaven presented, WINDREICH, together with the relevant project partners, the current status of ongoing offshore projects.

Windreich Subsidiary achieved around EUR 36 Mio. Profit in 2012: Dipl.-Wirt.-Ing. (FH) Willi Balz: “An important step towards energy transition”

Wolfschlugen August, 15 2013

The principal subsidiary of Windreich, FC Windenergy achieves an operating profit of around EUR 36 million even in the difficult setting. FC Windenergy is mainly engaged in project development and project sales.

“Windreich spared from Siemens quality problems through clever choice of partners”

Wolfschlugen July, 26 2013

Over the last few days, the negative messages over quality problems of various foreign wind turbine manufacturers have increased. This mainly results from the fact that most large energy companies believe in building cheaply and apply onshore technology for offshore wind turbines.

Windreich AG welcomes the decision of TenneT to award DolWin3 substation to Alstom

Wolfschlugen February, 27 2013

The transmission system operator TenneT commissions another offshore grid connection project in the North Sea to Alstom. Windreich AG considers the commissioning of the contract for the connection of DolWin3 to Alstom with a total investment of more than one billion euros as further key building block for the success of the energy transition.

Windreich AG: Last Constraints on Investment for Offshore Wind Farms eradicated

Wolfschlugen, 17th Dezember 2012

Willi Balz, CEO of Windreich AG: “It is good news for the energy turnaround in Germany that the Federal Council has adopted the new rule on the liability issues concerning grid connection of offshore wind farms.

Windreich AG sets significant Milestones in Canada as well -­ 11.5 MW Wind Farm “Arthur” surpasses Target Figures

Wolfschlugen, 6th December 2012

• First Windreich onshore project in Ontario, Canada on schedule
• 11.5 MW already fed into the grid, further 50 MW in the windy region of Ontario approved, Power feed better than in Germany

© Windreich GmbH 2013