News

RENEW Announces New Facility in Enid, Oklahoma

RENEW Energy is proud to announce the construction of a new remanufacturing facility in Enid, Oklahoma. This new facility will remanufacture wind turbine drive trains, and it will hold the largest capacity in North America in regards to the size of said turbines.

Services on these turbines will be performed entirely on-site, other than the transportation of the actual turbines to and from the facility. 

“We’re going to try and keep everything in-house,” said Travis Harkins, Chief Operating Officer of RENEW Energy. “The only thing that I would say would be off-site is the transportation to and from, and that will be through Global Specialized Services, our sister company. They will provide the transportation for us and then our other sister site, Transportation Partners and Logistics, will provide the logistics and the material handling for us.”

For years, the city of Enid, Oklahoma has been an important partner with RENEW and all of its sister companies, so when they approached city officials with the idea of the new facility, it was an easy deal to make.

“The number one reason why this is going to benefit our customers is because of the strategic location of Enid, being right in the Southern wind corridor of North America,” Harkins revealed. “It’s right in the heart of wind projects and wind farms, so it really puts us in a great location for servicing multiple asset owners, as well as OEMs at this location.” 

Another huge benefit to customers is the actual size of the facility. The RENEW facility in Sioux Falls, South Dakota has a capacity of up to three megawatts. The Enid location will have a capacity of up to seven megawatts. 

Those are the benefits to customers. But the new facility will benefit the city of Enid, as well. For multiple reasons, including the fact that it will provide more than 90 full time jobs to the community. 

“We’re going to have jobs ranging from entry-level labor positions all the way up through engineering and management,” Harkins stated. “Obviously with engineering and management, those are jobs that require some schooling, but then there’s also the technical side. There are going to be several skilled labor positions that are not only experience-based but also trade school-based.”

Harkins said that, at its peak, this new facility will be able to offer more than 90 paid positions to Enid residents. The creation of this new facility benefits all parties involved, and it secures Enid’s involvement in the ever-growing world of wind energy. 

“In regards to this opportunity – obviously we’re creating a lot of new jobs, but it’s a new sector in regards to the energy market right now as well,” Harkins stated. “Instead of being in oil and gas, it’s bringing in renewables. And renewables are going to be around for quite some time; it’s the fastest growing industry in energy right now. So that’s a huge piece. But the other huge piece is that TP&L has been in the community and they’ve had great support. They support local events, the community, and multiple non-profits. Whether that’s giving time or, obviously, donations, or even the fact that last year, GSS and TP&L provided Enid with the world’s tallest Christmas tree – those are all great things and they’ve created a great partnership and a great relationship between the local community and TAKKION as a whole.”

Powell agreed. 

“Enid has always recognized ourselves as being the hub of renewable energy development in the south-central part of the U.S.” she said. “With our proximity to renewable energy projects and our strong transportation network, it makes sense that the manufacturing and maintenance to support the renewable industry is also located in Enid. This announcement by RENEW is a huge first step in realizing this vision and may just be the beginning of a new industry cluster in north-central Oklahoma. We appreciate the investment in facilities and new jobs that RENEW  is bringing to our community and we look forward to supporting their success for years to come.”

RENEW Energy Quality Policy

If you’re going to do something, do it right. That’s something that everybody’s father has told them at least once in their life, and it’s something that RENEW Energy exemplifies in every project they complete. RENEW holds themselves to a certain standard that allows them to lead the way for wind and solar power maintenance.

Because of their commitment to excellence, RENEW has created a quality policy to ensure they are held to the utmost standards in every project they complete.

“Our focus is to deliver only the highest quality service and products to our customers, employees, and shareholders,” the quality policy states. “RENEW is committed to providing quality service and products that meet or exceed our customer’s expectations, on time and at a fair price. Management is committed to continually improve the quality management system.”

And that is what they continue to do, year after year, project after project. They hold themselves accountable – to themselves and to their customers.

“We knew early on, just with the different areas of turbines that we touch, that there was going to be some scrutiny,” said Josh Ackerman, the Business Development Manager for RENEW. “If something goes wrong on a project, someone’s going to expect some answers. And we really needed a department that could take up those investigations and figure out what happened and how to prevent similar things from happening in the future.”

So, a team was assembled to address any issues that may come up during a project. The Quality Control team was created to ensure that if something happened, ideally, it wouldn’t happen again.

This team, and this policy, are a benefit not only to the company, but to RENEW’s customers as well.

“By having some quality standards established, and really driving the quality mindset across the entire technician base and, really, the entire company, that’s ensuring that the customers are getting not only a timely repair or product, but also a quality repair or product,” said Dan Creegan, RENEW’s General Manager of Field Services. “Really what we strive for with the policy is to make sure that the technicians know that the work they’re doing – not only does it need to be quality, but we should be able to leave and be proud of what we did that day and be proud of the product we put out there. I think our policy helps drive that which, in turn, ultimately means that the customers get not only a better service or product, but a crew that is willing to say ‘We did that,’ and we’re comfortable saying that because we know we did it right and we did it well.”

A shining example of that comes from a recent project that RENEW worked on.

RENEW recently partnered with its sister company, Transportation Partners & Logistics to provide a turnkey solution for a wind energy company. Technicians performed a gearbox replacement in two wind turbines and, after the project, site managers received an email from the company, extolling their professionalism and their commitment to excellence.

“Please communicate to all how impressed we were with your tech crew’s performance and attention to detail,” the email read. “They completely blew our socks off with how hard they pushed taking advantage of the scarce and all-too-brief low-wind periods.  We’re extremely happy we finally had Renew on site for some large corrective work.  The quality and work ethic we witnessed during the up-tower repairs was equally evident during these GBX swaps.”

Creegan said that the RENEW team exemplified everything that their quality policy ensures. In short, they made him proud.

“We got an email from the gentleman on site and he essentially said that they were really impressed with the way our team handled themselves,” Creegan revealed. “When we had high winds, they obviously couldn’t do a whole lot of work, but as soon as the winds dropped off – whether it was the evening, late at night, or an overnight shift – they were willing to come in and do the work; just trying to find those periods of time where we could get some work done. He reiterated that some of his other contractors really aren’t so willing to find those opportunities, so they end up just sitting there for days on end without being able to work. So, he said that they were extremely happy with the RENEW team they had on site.” And that is the type of response that RENEW seeks to invoke on every project, big or small. The adage says that we should accept the things that we cannot control, and that’s true. But quality of service is something RENEW Energy can control, and they do. Every single time.

TAKKION Acquires Harvest Energy Services

Acquisition Continues the Expansion of TAKKION’s Renewable Energy Operations and Maintenance Services 

DALLAS, Texas, May 3, 2022  — TAKKION TP&L Holdings LLC (“TAKKION” or the “Company”), a portfolio company of funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today announced that it has acquired Broomfield, CO-based Harvest Energy Services, LLC (“Harvest”). Harvest is an independent services provider of operations and maintenance (“O&M”) solutions to the renewable energy industry.

TAKKION is a premier independent services provider supporting the energy transition. The acquisition of Harvest demonstrates the continued expansion of TAKKION’s capabilities in long-term O&M solutions for renewable energy markets. Harvest is TAKKION’s third significant acquisition in less than 18 months and expands TAKKION’s scale and capabilities in the wind services market.

Harvest acquisition expands TAKKION’s scale and capabilities in the wind services market

The Harvest team will join TAKKION’s leading logistics and O&M services companies: Transportation Partners and Logistics (“TP&L”), Global Specialized Services (“GSS”), RENEW, and AIRWAY SERVICES. The addition of Harvest will grow TAKKION’s wind O&M presence in North America, meaningfully enhancing TAKKION’s ability to provide comprehensive solutions for the evolving needs of the renewable energy supply chain. In particular, the Harvest acquisition expands TAKKION’s technical capabilities in blade repair, and adds a high throughput, state of the art training center in Broomfield, Colorado that will support continued hiring and job creation for the renewable energy industry.

“We are ecstatic to welcome Harvest to TAKKION. Harvest has a long history of performance and we are fortunate to incorporate the expertise of its employees into our businesses. We see compelling opportunities to expand the already market-leading scope of TAKKION’s services, leveraging Harvest’s skills and equipment. The acquisition of Harvest furthers our goal to be the strongest partner to companies across the renewable energy industry.” said Jim Orr, CEO of TAKKION.

Vinson & Elkins LLP acted as legal counsel to TAKKION in this transaction. Kirkland & Ellis LLP acted as legal counsel to Harvest.

ABOUT TAKKION

TAKKION is a premier independent service provider of logistics, O&M, and technical repair and remanufacturing services to the renewable energy industry. With the industry’s largest network of people and assets across North America, TAKKION is uniquely positioned to support and optimize the growth and lifecycle of renewable energy. Our brands TP&L, GSS, RENEW, and AIRWAY SERVICES work together seamlessly to deliver quality, performance, and efficiency for our customers. We live by our core values of safety, integrity, transparency, and putting our people & customers first. To learn more about how TAKKION is Moving Energy Forward, visit www.TAKKION.com/

ABOUT APOLLO

Apollo is a global, high-growth alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three business strategies: yield, hybrid, and equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of December 31, 2021, Apollo had approximately $498 billion of assets under management. To learn more, please visit www.apollo.com.

RENEW Energy’s R&D Department

It’s been said that if you want something done well, you’ve got to do it yourself and that’s exactly what RENEW Energy’s R&D Department does on a daily basis to provide technicians with safer, more efficient working conditions.

“RENEW’s R&D program has two objectives,” said Curt Eliason, the VP of Remanufacturing/R&D with RENEW. “One is on improving reliability on current wind turbine component designs, and the second is developing very unique and creative ways of performing repair.”

Whether it focuses on in-the-field type situations or problems in the shop, the goal is to find creative ways to fix turbines in a manner that promotes safety, efficiency and, ultimately, lowers the cost of maintenance and the cost of energy produced.

To do this, Eliason said he asks himself and his team a series of questions.

“On the repair side of things, can we eliminate a bunch of costs by reducing the downtime?” he asked. “Can we reduce or eliminate a crane that’s needed to replace these components?”

Eliason said the traditional way to repair a turbine is to remove the entire component from the tower, which requires lowering it down, shipping it to a facility to be repaired, and then putting it back up. This becomes an expensive project when it comes to costs for cranes, labor, and logistics.

“So,” he wondered, “can we repair this up-tower, in place? For component improvement, that’s maybe a little more straightforward, because on the fieldwork side of things, we’re developing tools and processes that do not exist. We’re not only starting from a blank sheet of paper with a new design; the tools don’t exist. You can’t open a catalogue or Google it and find what you need.”

So, the R&D development literally invents the equipment it needs and then develops the processes in which to use it.

“We’ve been awarded several patents for what we’ve been able to develop as far as tooling and procedures,” Eliason stated. “And I think that speaks to our creativity and outside the box thinking. So many times over the course of my 25 year career, I’ve heard people say, when I present a new idea or a colleague presents a new idea, ‘Oh, that can’t be; that’s impossible.’ And it’s like this switch goes off and I say, ‘Okay, game on.’ If we’re given a challenge, I’m just driven to come up with a solution.”

And RENEW’s R&D Department has come up with many solutions.

Such was the case with a Gearbox Model that was becoming problematic for technicians.

“On one specific Gearbox Model that’s a very common model within the industry, they had a problem with a bearing spinning within the housing,” Eliason detailed. “When that happened, the outer part of the bearing needed to stay stationary while the inner part spun. But over time, that outer part would start to spin and it would wear material off the bore where the bearing was mounted. It would cause a lot of destruction and it was a very expensive repair.”

Eliason said that many different people were trying to figure out how to solve this problem; how to fix it and make the problem go away. And none of the ideas were working.

“I said we need to fix this the correct way, so we developed machine tools that we could take up the tower with other supporting equipment that would allow us to disassemble the gear box and perform the repair up tower,” Eliason said. “There’s just a lot of complexity in that process, and it was accepted by the market and the owner of these types of assets. It was a solution; not just a short-term band-aid. It was a long term, permanent fix. And it’s performed well. It’s met all of our expectations but, more importantly, it’s met our customer’s expectations. And it’s done so as a qualified, reliable repair that’s much cheaper than removing the gear box entirely from service and sending it to a workshop. So that’s one method that has really helped us prove our worth; it’s been an accepted repair method that nobody else is doing today.”

Eliason was quick to point out that this is his life’s work; it’s what he loves to do. But, he said, he’s far from the only person who has made RENEW’s R&D Department what it is today.

“I may contribute a little bit, but to make everything come together on the design, on the proof of concept, on the fabrication…to make these tools you have to be a certified welder and really know what you’re doing with some kind of exotic steel blends that are super strong, lightweight, and durable,” Eliason said. “The fabrication process is another good example of the higher-level skill that it takes to make an idea come together, as well as the testing, and training, and application of usage. It really is a team effort and I’m humbled to associate with such a talented group of people.” RENEW Energy’s R&D Department proves that there’s no ‘I’ in team. It also proves that if you want something done well, you should do it yourself…or bring it to R&D.

RENEW Technical Training Program

You’ve heard of on-the-job training, but RENEW is taking that phrase to a whole ‘nother level.

RENEW has implemented a training regimen for its technicians that results in better, safer work and higher morale among employees. This Technical Training Program is a 3-part training system designed to help technicians retain information and continue to develop the skills necessary to maintain our commitment to safety and our exemplary track record.

“The Senior Management Group and the managers at RENEW wanted to create something that would address the day-to-day operations that our technicians were going through,” said Brett Citrowske, Director of Training for RENEW. “We met with our managers and lead techs of projects and asked them what they expected technicians to know within the first six months of being here. And then we built out what we call a Training Matrix, which has very highly specific technical criteria for what is expected from an individual as they go from a Tech 0, or a Trainee Level, to a Tech 3, which is more of a Lead Technician Level.”

The training matrix is made up of different quadrants that focus on a variety of training materials. It utilizes both online training courses and practical, hands-on objectives. Course work includes information on nomenclature and identifying basic tools, understanding drivetrain anatomy and wind turbine anatomy, signaling, rigging, fasteners, torquing, and more. These are all subjects that technicians work on or with on a daily basis.

A big component of the Technical Training Program is the fact that as technicians continue to learn, improve, and progress in the matrix, they are compensated each time they move from one level to another.

“One of the nice things about the program is that when an employee increases their competency through completing the training, there’s a direct compensational increase tied along with that, because they become even safer on the job and they know how to use the tools and the processes that are required,” Citrowske stated.

Offering that compensational increase has resulted in technicians being even more eager to complete the training program because, in layman’s terms, the more they learn, the more they earn.

“Since utilizing this training program, we’ve noticed a dramatic increase in correct terminology, and better understanding with our new hires,” Citrowske stated. “Our managers have said that, through our increased training that we’re doing now, in person and the technical training courses; they have noticed that the individuals that typically excel in the training program are those individuals that are going to be our heavy hitters in the future.”

Citrowske said that the rate in which technicians are able to move up in the program ranges from person to person but that, on average, a tech can progress from a Tech 0 to a Tech 1 in six to eight months, from a Tech 1 to a Tech 2 in approximately 10-12 months, and from a Tech 2 to a Tech 3 in anywhere from one to two years.

“The minimum amount of time somebody could go from the base level to that foreman level would be around two years or a little above that,” he said.

This Technical Training Program is innovative for a myriad of reasons, and it has resulted in higher morale and even safer job sites.

“This training program is not something that we purchased from another company,” Citrowske stated. “We actually made the training materials. We shot the videos, we put together the presentations; we made all of that intracompany. Not only was the curriculum conceptualized with the matrix; we created all of the material internally as well, to make it hyper-focused on our task objectives. And it has been a success.”

Ergonomics at RENEW Energy

At RENEW Energy, safety is our number one priority in all aspects of the job. This is true for RENEW, as well as our sister companies (TP&L, GSS, and Airway Services) and, because of that, we have a strong focus on ergonomics. Ergonomics, according to an OSHA definition, is “designing a job to fit the worker so the work is safer and more efficient.”

Making sure our technicians are safe and efficient is our biggest goal, which is why we spend so much time focusing on various safety aspects of the job, including material handling, body positioning, and ergonomics.

RENEW Energy recently adopted a new standard for safety training, called the Global Wind Organization Basic Safety Training (GWO BST). There are many aspects of this safety training, and it focuses on several different areas, such as first aid and CPR, fire awareness, performing safe work at various heights, and manual handling.

“This training gives us the ability to have some dedicated time to talk to technicians about how to position your body [on a job],” said Brett Citrowske, Director of Training. “Because when you’re climbing up 300 feet in the air, when you’re carrying around or moving around very heavy objects, when you’re working with cranes that are lifting components that are ten to twenty to thirty thousand pounds apiece, you have to 1) know how to position yourself correctly and 2) know when to get out of the way.”

Citrowske said that when technicians are working on a tower, and something goes wrong, the natural instinct is to try and fix it themselves; whether that’s trying to stop a gearbox from swinging, grabbing at a chain that is falling over the edge of a tower, or something else. That natural instinct is to try and stop those things, but 200-pound technicians are no match for 30,000-pound gearboxes.

“The other thing that we’ve been seeing is that, especially with new employees, they want to please so much that they will do things to sacrifice themselves in order to try to complete a mission or a job,” Citrowske stated.

The purpose of the GWO BST is to instill proper safety procedures in technicians, ensuring they know what they can or cannot, and should or should not do while on the job.
“We’ve been teaching this manual handling on how to position yourself when you’re climbing, when you’re working, when you’re down tower, even when you’re off the job…to position yourself in such a way that you don’t cause injuries.”

There are many working parts that go into making RENEW Energy the industry leader in wind energy solutions. But the most important part of our company is our employees, which is why trainings like the GWO BST is so pivotal.

“The number one asset that we have is our people,” Citrowske said. “You can replace vehicles, you can replace gearboxes, you can replace a lot of things. But our people are the most important asset. They are irreplaceable.”

Coming Soon: The RENEW Enid Remanufacturing Facility, a Premier Gearbox and Mainshaft Repair Center

man working in facility

Strategically located, the facility will be in close proximity to numerous industrial-scale wind farms in the heart of the North American wind corridor. This strategic location will reduce transportation and storage costs, and minimize delivery time when our customers experience an unscheduled component failure.

This state-of-the-art, ISO 9001 certified facility will ensure our customers are receiving premium service with fully upgraded components to improve reliability. Our ability to fully analyze each component failure, clearly communicate the failure mode, and make sound recommendations on corrective action will allow our customers to make quick and reliable decisions to minimize downtime and optimize production. With our ‘better-than-original’ mindset we focus our engineering efforts on serial defects and recommend/implement upgrades to many makes and models.

Facility key features:

  • 50,000 sq ft of temperature & humidity-controlled workspace
  • ‘5S Lean’ facility layout for safe and efficient production minimizing costs and maintaining competitive pricing for our customers
  • 7MW gearbox load test bench
  • 60T bridge crane capacity
  • Unique airflow on the HVAC system allows the entire workshop to be qualified as a ‘Clean Room’.
  • Custom-designed, fully automatic, environmentally safe, water-based parts washing system(s)
  • In-house machining capabilities
    • The fully robotic laser cladding system
    • Large lathe to turn/machine mainshafts up to 50,000 lbs. and 3 meters in diameter
    • 5 axis machining center for housing repair and upgrades
  • In-house Laboratory
    • 5 axis CMM for micro-geometry measurements on precision gearing
    • FARO arm and 3D scanning
    • Metallurgical lab
  • Estimated $10M in on-site spare parts inventory (based on customer needs)
  • 52,000 sq ft of a dedicated warehouse for on-site storage and maintenance of critical spares
  • Integrated rail system to shuttle components from workshop to warehouse
  • Engineering support for Root Cause Failure Analysis, product improvement, custom parts, and tool design
  • Comfortable ‘Customer Suite’ in the main office allows private space for our customers while visiting the facility
  • “One Call” option for our customers: spare parts, remanufacturing, storage, logistics, removal/installation & with crane services
  • 5 axis CMM for in-house gear measurements
  • Super-finish system for gearing up to 2M in diameter
Building A Floor Layout

RENEW Energy Maintenance and DEIF A/S Join Forces to Deliver Control & Pitch Retrofit Solutions for North American Wind Energy Producers

Sioux Falls, 26 April 2021

RENEW Energy Maintenance, LLC (“RENEW”) and DEIF A/S have signed an Authorised System Integrator (ASI) agreement to supply control & pitch retrofit solutions for the North American market.

This agreement will expand RENEW and DEIF A/S efforts to deliver life extension and performance improvement solutions continuing to help owners maximize their asset performance. The agreement covers all wind energy platforms that Deif serves and grants RENEW exclusivity to the Suzlon Energy related DEIF products in North America.

Control and Pitch Retrofit solutions are a cost-effective and sustainable way of improving AEP and offer fast ROI for wind farm owners and operators. With the advanced technology in modern wind turbines, such projects require extensive application know how, quality solutions, and high flexibility. By joining forces in the wind turbine retrofit business, RENEW and DEIF bring a strong combined offering to the market.

Significant potential

Nick Siddens, Director of Operations at RENEW, remarks, “The products and engineering capabilities DEIF brings to controller upgrades are unsurpassed. DEIF impressed us throughout the development of the Suzlon platform upgrades and we are very excited about this partnership. With multiple projects completed and more on the schedule, we see significant potential for controller upgrades and look forward to expanding in the North American market.”

Best possible step forward

“Working with RENEW has been a success from the start,”, says Jean S. Felber, Global Business Development Manager, Wind at DEIF A/S. “I see this agreement as the best possible step forward. Together, with RENEW, we will be able to provide end-to-end retrofit solutions, with optional spare part suppliers and OEM independent services. Wind turbine owners in North America will now be able to get first class service and life extension possibilities on their ageing assets. It will enable both companies to support our customers even better”.

Exclusivity on Suzlon S64 & S88 Control & Pitch retrofits from DEIF

RENEW will continue exclusive North American distributorship of DEIF products for the Suzlon S64 & S88 platform. DEIF A/S and RENEW have collaborated on the development of the Suzlon control system upgrade and the combined strengths of our two organizations has resulted in the premier Suzlon control system life extension offerings on the market.

For further information, feel free to contact:

Nick Siddens, Director of Operations, RENEW Energy Maintenance, nicks@renewenergy.com

Jean S. Felber, Global Business Development Manager, Wind, DEIF A/S, jsf@deif.com

ABOUT RENEW

Founded in 2009 by wind energy industry veterans, and recently acquired by TAKKION, RENEW has become one of the nation’s top independent service providers (“ISP). Known for providing the highest quality technical services support to the wind power industry, RENEW has grown rapidly, developing a national and international customer base of premier OEMs, developers, and asset owners over the past decade. The company offers a wide variety of specializations, including Construction & Field Services, Operations & Maintenance, Asset Management, Gearbox Services, Infield/Up Tower Repairs, 24/7 Remote Monitoring, Specialty Field Services, Remanufacturing, Mobile Oil Change Services, Blade Services and Supply Chain Services. RENEW staff is experienced, fully trained and familiar with each major wind turbine manufacturer, past and present. For more information, go to https://renewenergy.com

ABOUT TAKKION

TAKKION is enabling the Energy Transition. TAKKION is the largest pure-play provider of logistics, field support, and technical repair services to the Renewable Energy industry globally. With the industry’s largest network of people and assets across North America, TAKKION is uniquely positioned to support our rapidly growing need for clean energy. We live by our values of Safety, Integrity, and Transparency to better serve our Customers and our Employees. To learn about how we are Moving Energy Forward, visit www.takkion.com

ABOUT DEIF:

Established in Denmark in 1933, today the DEIF Group is a global market leader in green, safe, and reliable control solutions for decentralised power production on land or at sea. The DEIF Group is staffed by more than 550 employees and represented in 50+ key markets in all regions of the world. All production facilities are located at the Danish HQ in Skive and a stunning 20% of our employees work in R&D identifying new environmentally friendly ways of increasing overall performance, reducing maintenance intervals and fuel consumption for the world’s power generating industries. https://www.deif.com/wind-power/

Takkion Holdings Acquires RENEW Energy, Inc

Acquisition Represents Significant Expansion of Strategy to Support Renewable Energy Logistics and Services

FORT WORTH, Texas, Jan. 4, 2021 /PRNewswire/ — Takkion Holdings LLC (“Takkion” or the “Company”), a portfolio company of funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) and premier multimodal logistics and transportation provider for energy transition infrastructure, today announced that Takkion has acquired Sioux Falls, SD-based Renew Energy, Inc. and its subsidiaries (collectively, “RENEW”). RENEW is a leading provider of operations and maintenance (“O&M”) solutions serving the renewable energy market.

Fort Worth, Texas-based Takkion, a premier multimodal logistics and transportation provider for energy transition infrastructure, has acquired Sioux Falls, SD-based Renew Energy, Inc., a leading provider of operations and maintenance solutions serving the renewable energy market.

Since its founding in 2009, RENEW has become one of the nation’s top independent specialized operations and maintenance companies (“ISP”). Known for providing the highest quality technical services support to the wind power industry, RENEW has grown rapidly, developing an international customer base of premier OEMs, developers, and asset owners over the past decade. RENEW operates locations throughout the U.S. to support the growing installed base of wind energy assets. Now as part of Takkion, the RENEW brands will remain intact and the company’s experienced management team will continue to lead the O&M business.

The RENEW business will complement Takkion’s leading logistics and transportation services companies: Transportation Partners and Logistics (“TP&L”) and Global Specialized Services (“GSS”), both led by President and COO Jim Orr. With the addition of RENEW, the Company can provide the market with a comprehensive solution for managing the complex logistics, supply chain, transportation management, operations and maintenance of wind and solar energy infrastructure.

“The combined businesses and leadership team enables us to offer an unparalleled experience and expertise to the renewable energy services market and to continue to expand our premier services,” said Orr, who will lead the wind segment, including RENEW.

“We are excited to join forces with Takkion and TP&L,” said Jim Mikel, President of RENEW. “The combination is a highly strategic decision that brings together the unique strengths of the great company that we have built, with the deep resources of Takkion and TP&L to deliver best-in-class solutions to our customers across North America.”

Scott Prince, Chief Executive Officer of Takkion, added, “RENEW’s extensive wind power operations and maintenance services, its deep engineering and R&D talent, and its unique remanufacturing capabilities complement Takkion’s capabilities and position us for market leadership. As the premier provider in logistics, supply chain, transportation management, and O&M solutions for renewable energy and energy transformation infrastructure, the innovation and value the combined Company can now bring to customers is unmatched, with increased services, enhanced safety, and the best team in the industry.”

John Bookout and Scott Browning of Apollo’s Natural Resources Private Equity business added, “We are excited to welcome RENEW into TP&L and Takkion. The RENEW team has built a market leading O&M platform serving diverse customers in the renewable energy industry. We at Apollo look forward to supporting the next phase of growth for the combined platform, with expanded capabilities to better serve customers as the energy transition accelerates. This transaction extends our support of renewable energy development and leverages our historical expertise across resource sustainability.”

Vinson & Elkins LLP acted as legal counsel to Takkion in this transaction. Cascadia Capital LLC acted as financial advisor and Frederickson and Byron, P.A. acted as legal counsel to RENEW.

ABOUT TAKKION
Fort Worth, Texas-based Takkion is the nation’s premier logistics, transportation, supply chain, and operations and maintenance solutions platform for the dynamic needs of the renewable energy, critical infrastructure, and power generation industries. The Takkion team combines the recognized expertise of Transportation Partners and Logistics (“TP&L”), Global Specialized Services (“GSS”), and Renew Energy (“RENEW”) to deliver comprehensive solutions for our customers. With expertise managing energy resources and optimizing asset performance, Takkion is proud to be a vital partner for America’s energy transformation. For more information, visit www.takkion.com.

ABOUT APOLLO
Apollo is a leading global alternative investment manager with offices in New York, Los Angeles, San Diego, Houston, Bethesda, London, Frankfurt, Madrid, Luxembourg, Mumbai, Delhi, Singapore, Hong Kong, Shanghai and Tokyo. Apollo had assets under management of approximately $433 billion as of September 30, 2020 in credit, private equity and real assets funds invested across a core group of nine industries where Apollo has considerable knowledge and resources. For more information about Apollo, please visit www.apollo.com.

Media Contacts:
Claire Armstrong, 817-546-8322
cba@pavlovagency.com

Whitney Neve, 817-862-7746
wneve@takkion.com

SOURCE Takkion Holdings LLC

RENEW Energy Supports Local Organizations with Donations of $24K

RENEW partnered with the South Dakota Wind Energy Association to host an industry event promoting workforce development, wind development, and ending hunger in South Dakota.

August 23, 2018 – RENEW Energy (RENEW), a leader in wind energy, joined forces with the South Dakota Wind Energy Association (SDWEA) to host their first charitable event, the SDWEA Golf & Shoot hosted by RENEW. Through sponsorships from key customers and vendors, this event helped raise $24,000 for local organizations.

Benefiting organizations include: Mitchell Technical Institute (MTI), Lake Area Technical Institute (LATI), SDWEA and Feeding South Dakota.

“We are extremely thankful for our sponsors in helping make this event successful,” said Jim Mikel, RENEW President and CEO. “It was wonderful seeing the industry come together in Sioux Falls to network, have some fun, and promote workforce development and community involvement.”

Brian Roberts, Wind Turbine Technology Instructor at MTI stated, “The Golf and Shoot was a great event. All the people were welcoming, and it was great to catch up with old friends. As an instructor, I am very grateful for the generous support of RENEW for the Wind Turbine Technology program at MTI and I look forward to working together in the future.”

The event, which brought in nearly two-hundred attendees from across the nation, consisted of a golf tournament at Prairie Green Golf Course and a sporting clay tournament at Hunters Pointe Shooting Complex. The awards social and dinner took place at CJ Callaway’s Event Center.

The proceeds will go directly to the wind and renewable energy programs at MTI and LATI to enhance training and secure a future skilled workforce. Feeding South Dakota is committed to delivering nutritious foods to meet the needs of hungry people. SDWEA will use their monies to help grow wind energy in this great state.

“This event was a great way for the people supporting wind energy to get together and share their collective enthusiasm for the possibilities for wind energy in South Dakota,” said Jennifer Stalley, SDWEA Executive Director. “It is wonderful to see so many people working to make those opportunities realities.”

RENEW looks forward to growing this event next year and making it an even bigger success.