BlackRock increases interest in Vestas
US investment management company BlackRock Inc has acquired an additional interest in the Danish wind turbine manufacturer Vestas Wind Systems A/S with BlackRock's interest in the company up by 0.06% from 4.97%.
BlackRock now holds 5.03% stakes in Vestas that is worth about DKK 11.2 billion (US$1.8 billion) of investment with DKK1,134.5 (US$180.02) of Vestas' shares apiece. Considering the financial instrument, Blackrock's total position in Vestas is about 5.36%.
Vestas design, manufacture, install, and service wind turbines across the globe, and with more than 117 GW of wind turbines in 81 countries, the company has installed more wind power than anyone else.
As a structurally lean organisation, Vestas has offices in 24 countries and five strong regional sales business units in Northern Central Europe, Americas, Mediterranean, and Asia Pacific, and China.
Country news
-
-
September 29, 2020
Denmark launches tender for 1 GW offshore wind farm
The Danish Energy Agency has launched the tendering process for the planned Thor Offshore Wind Farm project. Thor will be Denmark's largest offshore wind farm to date with a capacity of 800-1000 MW when it is fully established and connected to the grid by 2027 at the latest.
Read more -
August 26, 2020
Northen Europe´s largest subsidy-free solar farm being built in Denmark
Danish energy company Better Energy has started the construction of a new subsidy-free 200 MW solar PV project in Denmark. Heartland is the owner of the plant. Better Energy will be responsible for developing, building and operation of the plant.
Read more -
July 21, 2020
Construction of the world’s longest electricity interconnector begins
The construction phase of the Viking Link Interconnector project, a high-voltage direct-current (HVDC) link between the UK and Denmark, has commenced with Siemens Energy Ltd mobilizing to the site to start the construction of the first stage of works, a 2.4 km long access road for the Bicker Fen converter station site.
Read more -
June 17, 2020
EUR 2 billion interconnector in Europe gets ECAs support
1,400 MW Viking Link Interconnector between Denmark and the UK gets support from SACE Export Credit and Euler Hermes Export Credit through the first-ever multi export credit agency (ECA) covered green loan.
Read more -
May 27, 2020
Companies partner for 10GW wind energy island in Denmark
A consortium, consisting of three of the largest Danish pension and energy companies - PensionDanmark, PFA, and SEAS-NVE, is ready to finance and operate an upcoming energy island called VindØ to be located in the North Sea. In the long term, VindØ can be the base for up to 10-gigawatt offshore wind turbines, corresponding to approximately 25 traditional offshore wind farms.
Read more
