Vestas CFO: Most of our money will go to offshore wind this year
Vesta’s large offshore wind venture will eat up most of the money the company sets aside for investments this year, according to the company’s CFO.
Vestas expects to spend DKK 9bn (USD 1.29bn) on investments this year, most of which will go towards Vestas’ large-scale relaunch of the company as a major supplier of offshore wind turbines, Chief Financial Officer at Vestas, Hans Martin Smith, tells EnergyWatch.
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