EnergyWatch

Eurowind acquires Danish competitor

The wind developer is taking over a fellow Danish company before the implementation of Denmark's new tender system. The CEO declares his ambition for the firm to play a leading role in consolidation.

Consolidation in the Danish wind industry rears its head once again, this time at the top of the supply chain, as project developer Eurowind Energy takes over competitor Wind 1, both companies tell EnergyWatch.

The parties decline to disclose the price of the transaction, but some of it is contingent on how many of Wind 1's current development projects wind up being realized.

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