EnergyWatch

Major bank criticizes new management at MHI Vestas

UK bank Barclays is concerned about the management reshuffle at MHI Vestas.

Photo: Dept. Int. Trade FRA

UK major bank Barclays is not particularly impressed by the new management team nominated by joint venture partners Vestas and Mitsubishi to serve their offshore company MHI Vestas over the coming four-year period.

"We are surprised by the appointment of both," writes the bank in a commentary which calls the new appointments a "strange choice."

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