Edition:
India

Vestas Wind Systems A/S (VWS.CO)

VWS.CO on Copenhagen Stock Exchange

603.40DKK
17 Apr 2019
Change (% chg)

kr.-0.20 (-0.03%)
Prev Close
kr.603.60
Open
kr.606.00
Day's High
kr.608.00
Day's Low
kr.601.00
Volume
486,387
Avg. Vol
650,519
52-wk High
kr.608.00
52-wk Low
kr.380.00

Latest Key Developments (Source: Significant Developments)

Vestas To Acquire Minority Stake In Sowitec
Friday, 12 Apr 2019 

April 11 (Reuters) - Vestas Wind Systems A/S ::TO ACQUIRE MINORITY STAKE IN SOWITEC TO SUPPORT CO-DEVELOPMENT STRATEGY AND IMPROVE HYBRID OFFERING.ANNOUNCES ACQUISITION OF A 25.1 PERCENT MINORITY STAKE IN SOWITEC WITH AN OPTION TO ACQUIRE ENTIRE COMPANY WITHIN THREE YEARS.ACQUISITION IS EXPECTED TO BE FINALISED DURING Q2 OF 2019 AND WILL HAVE NO SIGNIFICANT IMPACT ON VESTAS EARNINGS.  Full Article

Vestas buys 25.1 pct in Sowitec including option for full takeover
Thursday, 11 Apr 2019 

April 11 (Reuters) - Vestas Wind Systems A/S ::DGAP-ADHOC: SOWITEC GROUP GMBH AND VESTAS WIND SYSTEMS A/S AGREE ON MINORITY STAKE BY VESTAS OF 25.1% WITH AN OPTION TO ACQUIRE THE REMAINING SHARES WITHIN THE NEXT THREE YEARS.SOWITEC GROUP GMBH AND VESTAS WIND SYSTEMS A/S AGREE ON MINORITY STAKE BY VESTAS OF 25.1% WITH AN OPTION TO ACQUIRE REMAINING SHARES WITHIN NEXT THREE YEARS.WILL ACQUIRE NEW SHARES FROM A CAPITAL INCREASE AGAINST A CASH CONTRIBUTION IN AMOUNT OF 20% OF COMPANY'S SHARE CAPITAL AS WELL AS EXISTING SHARES FROM MR. HUMMEL..AGREEMENT PROVIDES FOR A CALL-OPTION UNDER WHICH VESTAS IS ENTITLED TO ACQUIRE REMAINING 74.9% OF SHARES WITHIN NEXT THREE YEARS..AGREEMENTS WILL PRESUMABLY BE CONSUMMATED IN Q2 OF 2019 UPON RECEIPT OF ANTITRUST CLEARANCE.  Full Article

Novatus Energy Extends Service Agreements To 20 Years With Vestas For 1,043 MW Fleet In U.S.
Saturday, 30 Mar 2019 

March 29 (Reuters) - Vestas Wind Systems A/S ::NOVATUS ENERGY EXTENDS SERVICE AGREEMENTS TO 20 YEARS WITH VESTAS FOR 1,043 MW FLEET IN THE U.S..  Full Article

Vestas Receives 220 MW Order In USA With 25-Year Service Agreement
Saturday, 30 Mar 2019 

March 29 (Reuters) - Vestas Wind Systems A/S ::VESTAS RECEIVES 220 MW ORDER IN USA WITH 25-YEAR SERVICE AGREEMENT.VESTAS - DELIVERIES ARE EXPECTED TO BEGIN IN Q3 OF 2019 WITH COMMISSIONING PLANNED FOR Q4 OF 2019.VESTAS - ORDER INCLUDES SUPPLY AND COMMISSIONING OF TURBINES AS WELL AS A 25-YEAR ACTIVE OUTPUT MANAGEMENT 5000 (AOM 5000) SERVICE AGREEMENT.  Full Article

Vestas Secures 47 MW Subsidy-Free Project In The UK
Friday, 29 Mar 2019 

March 29 (Reuters) - Vestas Wind Systems A/S ::DEVELOPS COST-COMPETITIVE SOLUTION TO SECURE 47 MW SUBSIDY-FREE PROJECT IN THE UK.DOUGLAS WEST WIND FARM LTD, OWNED BY GREENCOAT UK WIND PLC, HAS PLACED AN ORDER WITH VESTAS FOR A 47 MW PROJECT.ORDER INCLUDES SUPPLY AND COMMISSIONING OF WIND TURBINES AND A FULL-SCOPE SERVICE AGREEMENT (AOM 5000) FOR 10 YEARS.DELIVERIES ARE EXPECTED TO BEGIN IN Q2 OF 2021.COMMISSIONING IS PLANNED FOR Q3 OF 2021.  Full Article

Vestas Gets 43 MW Order In Taiwan
Friday, 29 Mar 2019 

March 29 (Reuters) - VESTAS WIND SYSTEMS A/S ::HAS RECEIVED AN ORDER FROM FOXWELL ENERGY, A SUBSIDIARY OF FOXLINK GROUP, AND TCC GREEN ENERGY, A SUBSIDIARY OF TCC GROUP, FOR 43 MW CHANGHUA WIND PARK IN TAIWAN.CUSTOMISED SOLUTION HELPS VESTAS WIN 43 MW ORDER WITH FIRST 20-YEAR SERVICE CONTRACT IN TAIWAN.THE PROJECT INCLUDES THE SUPPLY AND SUPERVISION OF 12 V105-3.6 MW WIND TURBINES AS WELL AS TWO SEPARATE SERVICE CONTRACTS – A 20-YEAR AOM 4000 SERVICE AGREEMENT AND A 5-YEAR AOM 4000 SERVICE AGREEMENT, BOTH INCLUDING VESTAS ONLINE® BUSINESS SCADA SOLUTION.THIS WIND POWER PLANT DEVELOPMENT WILL BE LOCATED ALONG THE WEST COAST OF TAIWAN WHERE THE COUNTRY’S LARGEST WIND ENERGY CAPACITY IS FOUND.TURBINE INSTALLATION IS EXPECTED TO COMMENCE IN THE FIRST QUARTER OF 2020.  Full Article

Vestas Wins 119 MW Wind Turbine Order In New Zealand
Friday, 29 Mar 2019 

March 29 (Reuters) - VESTAS WIND SYSTEMS A/S ::SAYS ITS 33 VESTAS V112-3.45 MW TURBINES WILL BE DELIVERED IN 3.6 MW POWER OPTIMISED MODE FOR THE 119 MW TURITEA WIND FARM IN NEW ZEALAND.SAYS COMMISSIONING OF OPERATIONS AT TURITEA WIND FARM IS SCHEDULED TO COMMENCE IN SECOND HALF OF 2020.  Full Article

Vestas Has Received Order From Hirtshals Havnefond For 17 MW Project In Denmark
Friday, 29 Mar 2019 

March 28 (Reuters) - Vestas Wind Systems A/S ::DEBUTS V136-4.2 MW TURBINES IN DENMARK FOR THE COUNTRY’S FIRST SUBSIDY-FREE WIND PARK.VESTAS HAS RECEIVED AN ORDER FROM HIRTSHALS HAVNEFOND FOR A 17 MW PROJECT IN DENMARK.  Full Article

Vestas Received Order From Engie For Eólica Tres Mesas IV Project In Mexico
Friday, 22 Mar 2019 

March 21 (Reuters) - Vestas Wind Systems A/S ::ENGIE WIND PARK TO FEATURE FIRST 150M VESTAS ROTORS IN MEXICO.VESTAS RECEIVED A 96 MW FIRM AND UNCONDITIONAL ORDER FROM ENGIE FOR EÓLICA TRES MESAS IV PROJECT, LOCATED IN LLERA, TAMAULIPAS, MEXICO.COMMERCIAL OPERATION DATE IS PLANNED FOR Q1 OF 2020.  Full Article

Vestas And Utopus Insights To Pilot Energy Forecasting Solutions
Monday, 18 Mar 2019 

March 18 (Reuters) - Vestas Wind Systems A/S ::VESTAS AND UTOPUS INSIGHTS TO PILOT ENERGY FORECASTING SOLUTIONS FOR RENEWABLE POWER PLANTS IN AUSTRALIA, IMPROVING ENERGY SYSTEM STABILITY AND INCREASING POTENTIAL REVENUE GENERATION FOR CUSTOMERS.  Full Article

German wind turbine maker Senvion agrees loan to stay afloat

BERLIN German wind turbine manufacturer Senvion, which filed for insolvency last week, has signed an agreement with its lenders and main bond holders for a 100 million euro ($112.94 million) loan.