Vestas enters joint venture with major project developer

Danish wind turbine manufacturer is spending millions on a collaboration with one of the world's largest developers to build wind farms in the US. We will not repeat the mistakes of the past, says the CFO.

by MAZ PLECHINGER

Vestas is no longer content simply selling wind turbines to American projects. Going forward, the Danish wind turbine manufacturer will be involved in constructing the farms, prompting a collaboration with one of the world's largest project developers, the British RES group.

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