News release from
Vestas has completed the sale of its 12,5 percent shares in
With its 310 MW, the LTWP wind farm remains the largest in
In addition to generating power, the LTWP project has ensured that local communities benefit from the project, including in terms of stronger road infrastructure and job creation.
The divestment follows Vestas strategy of developing wind farms without being a long term owner. The sale is the result of a sales process run by Vestas in cooperation with
The transaction will have negligible impact on Vestas earnings or outlook.
For further information, please contact:
+45 50509491
caecn@vestas.com
About Vestas
Vestas is the energy industry's global partner on sustainable energy solutions. We design, manufacture, install, and service onshore and offshore wind turbines across the globe, and with more than 177 GW of wind turbines in 89 countries, we have installed more wind power than anyone else. Through our industry-leading smart data capabilities and unparalleled more than 152 GW of wind turbines under service, we use data to interpret, forecast, and exploit wind resources and deliver best-in-class wind power solutions. Together with our customers, Vestas' more than 30,000 employees are bringing the world sustainable energy solutions to power a bright future.
https://news.cision.com/vestas-wind-systems-a-s/r/vestas-divests-its-shares-in-lake-turkana-wind-power-limited,c3931244
https://mb.cision.com/Public/18886/3931244/859fbfe6aac76fcf.pdf
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