An investment decision made 7 years ago left a gap which has proven costly for Vestas to fill, reports Danish media Børsen.
In 2017, Vestas injected more than DKK 2 billion (EUR 269 million) in its subsidiary Wind Power Invest, which covers ownership shares in projects including wind farms in Romania, reports the media. The DKK 2 billion were spent buffering Wind Power Invest, as Vestas has increased the capital of the subsidiary three times this year, most recently on Dec. 20, according to Børsen's information.
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