Vestas Wind Systems (OMX: VWS) was up for a change, mainly on market rumours that Vestas later confirmed on being selected the preferred supplier for five projects in South Africa totalling 297 MW. Should firm and unconditional orders materialize, Vestas will announce those. To keep things in perspective, the 2% pop could not even lift the stock above 40 DKK and it is still down nearly 40% for the year so far.
A firm order was also publicized today as Vestas landed a new customer in Guangdong Yueneng Wind Energyfor 25 V90-1.8/2.0 MW turbines to be installed in the very south of Chinese mainland in Denglou Jiao, Guangdong province. The project financing was obtained from the European Investment Bank thus foregoing the problems posed by less lending from Chinese banks as of late
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