Senvion Appoints Yves Rannou as Chief Executive Officer

Rannou is a seasoned leader who brings to Senvion over 20 years of global senior executive experience in the renewable energy industry at GE and Alstom. He was most recently President and Chief Executive Officer of GE Renewable Energy's Hydro division, a position he held since November 2015. Prior to his time at GE Renewable Energy, he worked for 18 years at French-multinational Alstom, until its acquisition by GE in 2015. During this time he functioned as Senior Vice President of the hydro business, as well as Senior Vice President of the wind business, where he was in charge of all activities related to onshore and offshore wind. He also served as a member of Alstom's Renewable Power Sector Executive Committee.

Steven Holliday, Chairman of Senvion's Supervisory Board, said: "We are delighted to announce Yves' appointment as CEO given his deep experience working in renewables. Yves is a proven executive whose skills and expertise ideally complement the existing management team. We are confident that he is the right leader to execute Senvion's growth strategy and position the business for future success."

"We would like to thank our CFO Manav Sharma and David Hardy, our Executive Director and CSO, for their excellent work during the transitional period. We look forward to continuing our close and trustful work with them and the entire management team."

Commenting on his new role, Rannou, added: "I am thrilled and honoured to be joining Senvion at a truly exciting time for the wind industry. Senvion has a long and successful track record as a major contributor to the energy transition. Senvion's value proposition, its customers and suppliers, and most importantly our team are great assets for further international expansion, sustainable growth and value creation for our partners. I look forward to work together with Senvion's more than 4,000 talented employees to provide clean solutions for our planet."