Danish wind turbine manufacturer Vestas is currently laying plans to increase its sales to the South American market, and while the company struggles to get a foothold in the region through persistent sales efforts and even the construction of a new nacelle factory, the Danish state is playing an important role.
Danish export credit agency EKF informs that it has participated in securing orders for 23 wind turbines for two new wind farms with a total capacity at 80.6 MW in Argentina. This has taken place via a mix of loans and state guarantees for over EUR 67 million in the project. The infrastructure investments are approximately EUR 148 million, and EKF is taking the greatest risk.
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