Alstom to make huge investment in its French project

8 November 2011: Power generation and transmission firm, Alstom is planning to establish two sites dedicated to production of components and to assembly of 6 MW offshore wind turbines in the port areas of Saint-Nazaire (Loire-Atlantique) and Cherbourg (Manche) in France.

Alstom, which has formed a consortium with French-based company EDF EN to bid for the project, plans to make an initial investment of around 100 million Euros in the project. By locating in Saint-Nazaire and Cherbourg, the company will be sharing in the ambition of the consortium led by EDF EN to create in France with its suppliers a long-lasting industrial and technological sector. The company expects to generate up to 1,000 direct jobs and 4,000 indirect jobs through the project.

Source: Economic Times