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Moventas
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Short description

Manufacturer of wind power gears and components

Founded in 2005
Founded in

Company type Acquired Public ()
Company type

Industry Group energy & power

Sector wind

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Finland Jyväskylä, Finland
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Updated by Cleantech Group on 09/14/2021

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  • 1 M&A items
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Date Company
02/10/2014

Nelja Energia Nelja Energia

Moventas is carrying out an extensive service project for Nelja Energia on its WinWind 3 MW turbines.

Confirmed by Nelja Energia

Partnerships
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Date Partner Type
06/07/2010
PowerWind PowerWind
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Confirmed by PowerWind
Technology Partner
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IPO INFORMATION

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Description

Date Investors Type Amount
11/15/2011 Clyde Blowers Capital Clyde Blowers Capital (1)
Post-money valuation of
Clyde Blowers acquired Moventas for €100 million, making Clyde Blowers one of the largest gear manufacturing groups in the world.
Buyout / Late-Stage Private Equity $135,244,976
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