Vestas finally sells share of prestige project
A BlackRock fund is buying a third of Africa’s largest wind farm, including a share Vestas has had up for sale for years.
Vestas is no longer an owner of Africa’s largest wind farm, Lake Turkana. As part of the BlackRock fund Climate Finance Partnership’s purchase of 31.25% of the project, the wind turbine manufacturer’s 12.5% stake has also been acquired. The remaining shares will be acquired from the Danish Investment Fund for Developing Countries (IFU) and its Finnish counterpart, Finnfund.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Vestas plans to hire up to 300 new employees
For subscribers
Vestas employees are happy about resumed bonus payments
For subscribers
.jpg&w=384&q=75){kind=logo}
