Vestas close to sale to Blackrock
Seven and a half year after a planned divestment of Lake Turkana ran aground, Vestas finally looks to close the book on former prestige project.
BY MAZ PLECHINGER, TRANSLATED BY SIMON ØST VEJBÆK
Vestas finally looks ready to divest its share in Kenyan onshore wind farm Lake Turkana. Blackrock’s fund for climate-related investments into growing markets Climate Finance Partnership has announced its intention to acquire a 31.25% stake in the project, including the 12.5% currently owned by the Danish turbine maker.
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