Analyst: Vestas' CIP holding could boost turbine sales and generate fine returns

"There's one advantage for Vestas in it being able to sell of its own turbines to CIP, with another being buying into a firm that's charging ahead with an outlook to deliver strong returns," says Sydbank analyst.

BY RITZAU FINANS & ENERGYWATCH

There are both operational and financial advantages tied to Vestas' quarter stake purchase in Copenhagen Infrastructure Partners (CIP), which invests in and develops renewable energy projects, says Sydbank Chief Analyst Jakob Pedersen, who doesn't see any big hangups in Vestas forming a closer bond with CIP.

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