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

Fueling Up for the Climb

July/August 2015
Friday, July 10, 2015
BY GREGG MORRIS

Rita Hansen aims to scale natural gas vehicle innovation.


Read more...

Child care challenge

September 2015
Wednesday, August 26, 2015
0927OHSUhealthystarts-thumbBY KIM MOORE AND LINDA BAKER

Child care in Oregon is expensive and hard to find. We delved into the numbers and talked to a few executives and managers about day care costs, accessibility and work-life balance.


Read more...

Grain Food

September 2015
Wednesday, August 19, 2015
BY JACOB PALMER

A Power Lunch at Bob's Red Mill Whole Grain Store and Restaurant.


Read more...

Business partnerships: taming the three-headed monster

Contributed Blogs
Monday, July 06, 2015
070615-businessmarriagefail-thumbBY KATHERINE HEEKIN | OB GUEST COLUMNIST

Picking a business partner is not much different than choosing a spouse or life partner, and the business break-up can be as heart-wrenching and costly as divorce.


Read more...

10 Innovators in Rural Health

July/August 2015
Monday, July 13, 2015
BY AMY MILSHTEIN | PHOTOS BY JASON E. KAPLAN

Telemedicine, new partnerships and real estate diversification make health care more accessible in rural Oregon.


Read more...

Bendafornia: What’s driving the Northern California migration?

Contributed Blogs
Wednesday, August 05, 2015
bendiforniathumbBY KEN MAES

A huge migration from Northern California has contributed to average 16% growth per year since 1990.


Read more...

Child care challenge

News
Wednesday, August 26, 2015
0927OHSUhealthystarts-thumbBY KIM MOORE AND LINDA BAKER

Child care in Oregon is expensive and hard to find. We delved into the numbers and talked to a few executives and managers about day care costs, accessibility and work-life balance.


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