Caixin OnlineBusiness & IndustryTop Stories Industry Chinese Wind Power Company Eyes Vestas' Assets
07.09.2012 19:43

Chinese Wind Power Company Eyes Vestas' Assets

Ming Yang Wind Power Group seeks to buy market-leading equipment maker
By staff reporters Pu Jun and Wang Xiaocong
a

(Beijing) — Chinese wind turbine manufacturer Ming Yang Wind Power Group is seeking to acquire the world's largest wind power equipment maker, Vestas Wind Systems, a source close to the situation says.

The source, who did not want to be named, said that Guangdong-based Ming Yang Wind Power may complete the transaction with the Danish company by October. The deal will be worth between 1.5 billion and 2 billion euros.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
COMMENTS (0)
Sign up to receive our free daily newsletter
Latest Issue
On the Cover:

Ammonia in the Haze

Farms and cars are contributing to rising levels of ammonia gas in the country, but the impact on air pollution is still hazy


Issue 82
October, 2014

POPULAR GALLERIES

SUBSCRIPTIONS

Caixin-China
Economics & Finance
Latest Issue:
Ammonia in the Haze
Farms and cars are contributing to rising levels of ammonia gas in the country, but the impact on air pollution is still hazy
Issue 82
10.01.2014

Subscribe       |       Newsletter        |        FAQ