Chinese firms consider Vestas takeover

| Print |  Email
Must Reads
Tuesday, April 17, 2012

A pair of Chinese rivals are considering takeover bids for Vestas Wind Systems.

Danish newspaper Jyllands-Posten reported Monday that Chinese turbine-makers Goldwind and Sinovel, ranked No. 2 and No. 7 in the world, are attracted to Vestas' global footprint and stronger technology.
Vestas, which keeps its North American sales and service headquarters in Portland, has been facing uncertainty and financial turmoil in recent months, due in part the fact that the U.S. Production Tax Credit, an important incentive for wind energy developers, has not been renewed. The credit is set to expire at the end of the year and, despite some attempts to extend it, there's been no action to do so.

Read more at Sustainable Business Oregon.

{biztweet}vestas chinese{/biztweet}

 

More Articles

Department of Self-Promotion

Linda Baker
Wednesday, June 17, 2015

061715-awards1Oregon Business wins journalism awards.


Read more...

Marijuana law ushers in new business age

The Latest
Tuesday, June 23, 2015
062315panelthumbBY KIM MOORE | RESEARCH EDITOR

Oregon’s new marijuana law is expected to lead to a bevy of new business opportunities for the state. And not just for growers. Law firms, HR consultants, energy efficiency companies and many others are expected to benefit from the decriminalization of pot, according to panelists at an Oregon Business breakfast meeting on Tuesday.


Read more...

Credit Unions Perspective

June 2015
Tuesday, May 26, 2015
BY KIM MOORE

A conversation with Gene Pelham, CEO of Rogue Credit Union.


Read more...

Hall of Flame

June 2015
Friday, May 22, 2015
BY JACOB PALMER

A Power Lunch at Oswego Grill.


Read more...

The ancient fish that stops bullets

The Latest
Friday, May 08, 2015
hagfishthumbBY CHRIS NOBLE | PHOTOS BY JASON E. KAPLAN

Hagfish may not have evolved much over the last 300 million years, but their protein-heavy slime promises advances in super-materials.


Read more...

Green workplace 2.0

Linda Baker
Thursday, May 28, 2015
IMG 2808BY LINDA BAKER | EDITOR

Reinventing capitalism. Office dumpster divers. Handprints versus carbon footprints.


Read more...

5 stats about Oregon fireworks

The Latest
Thursday, June 18, 2015
fireworksthumb001BY JACOB PALMER | DIGITAL NEWS EDITOR

Fireworks are a booming industry, even if the pyrotechnics have turned July 4th into a day fire marshals, and many residents, love to hate.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS