'Across the value chain': wind giant Vestas moves deeper into renewables with 25% CIP stake

OEM to pay €500m for stake in Danish compatriot and gains seat on its board but says deal won't affect projects' selection of turbine suppliers

Vestas CEO Henrik Andersen
Vestas CEO Henrik AndersenFoto: Vestas
Published 18 December 2020, 08:48Updated 18 December 2020, 09:32
Europe