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The proceeds of the share issue announced by Danish wind giant Vestas will not be used to fund mergers and acquisition (M&A) activity, or be sunk into the new offshore joint venture with Mitsubishi Heavy Industries, the company insisted today.

Vestas: No M&A with new capital

The proceeds of the share issue announced by Danish wind giant Vestas will not be used to fund mergers and acquisition (M&A) activity, or be sunk into the new offshore joint venture with Mitsubishi Heavy Industries, the company insisted today.

The proceeds of the share issue announced by Danish wind giant Vestas will not be used to fund mergers and acquisition (M&A) activity, or be sunk into the new offshore joint venture with Mitsubishi Heavy Industries, the company insisted today.