China’s largest infrastructure builder is actively seeking to buy or invest in a turbine OEM – either domestic or foreign – as part of a corporate strategy to strengthen its position in the offshore wind market, Recharge has learned.
China Communications Construction Company (CCCC) “is determined to make further inroads in offshore”, said a source in a company with direct knowledge of the strategy, adding this could be done “either by acquiring an existing OEM or by setting up joint ventures with one player”.
