EnergyWatch

Newly acquired wind company increases deficit tenfold

Revenue has declined significantly while profit has increased tenfold at a Danish wind company.

Photo: Connected Wind Services Presse

Last year, Connected Wind Services was acquired by Energie Baden-Württemberg (EnBW) from capital fund Polaris. Now the new owners will have to dig into their pockets after the Danish wind company emerged from 2016 with a large deficit.

The deficit has grown from DKK 5.6 million to DKK 56.2 million.

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