Home Must Reads Banks put deadline on Vestas-Mitsubishi deal

Banks put deadline on Vestas-Mitsubishi deal

| Print |  Email
Must Reads
Wednesday, September 05, 2012

A group of international banks gave Vestas Wind Systems a deadline of Jan. 1, 2013 to reach a deal with Mitsubishi Heavy Industries.

International renewable-energy journal Recharge, citing a report in the Danish newspaper Berlingske, said nine of Vestas’ banks are “keenly supportive” of a deal that could involved Mitsubishi taking a stake of up to 20 percent in Vestas.

The banks “see a deal with Mitsubishi as key to getting the company back on track with its bank debt conditions,” Recharge said of the Berlingske report. It was not reported what steps the banks might take if the deal isn't reached by the Jan. 1 deadline.

Read more at Sustainable Business Oregon.

{biztweet}vestas mitsubishi{/biztweet}

 

More Articles

Gender Code

September 2014
Tuesday, August 26, 2014
BY COURTNEY SHERWOOD

Janice Levenhagen-Seeley reprograms tech.


Read more...

Podcast: Interview with Pete Friedes

Contributed Blogs
Wednesday, August 27, 2014

082714-thumb friedesbookTom Cox interviews Pete Friedes, author of "The 2R Manager," about becoming a Best Boss.


Read more...

Community colleges and sustainability

Contributed Blogs
Thursday, July 31, 2014
sustainabilityBY MARY SPILDE | OB GUEST CONTRIBUTOR

Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.


Read more...

Back to School

September 2014
Wednesday, August 27, 2014
BY LEE VAN DER VOO

By now we’ve all read the headlines: Starbucks is giving away free degrees. Except it isn’t.


Read more...

The Alchemist

September 2014
Tuesday, August 26, 2014
BY LINDA BAKER

David Howitt explains why Portland consumer brands like Stumptown and Voodoo Doughnuts are taking the world by storm.


Read more...

Is this employee right?

Contributed Blogs
Wednesday, August 13, 2014
081314 thumb employeefeelingsBY TOM COX | OB BLOGGER

When I say, “Your Employee is Always Right,” I do not mean “right about the facts,” but rather “right about how they feel” and “right about how they want to be led.”


Read more...

Launch

September 2014
Tuesday, August 26, 2014
BY JESSICA RIDGWAY

September's Launch article features Orchid Health, BuddyUp and Inter-Europe Consulting.


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