Energy
After Alphabet (Google), Vestas is “in negotiations” to sell its stake in the Turkana project

After Alphabet (Google), Vestas is “in negotiations” to sell its stake in the Turkana project

The Danish wind turbine manufacturer is also seeking to dispose of the project, the largest Kenyan PPP in terms of investment, but which has been afflicted with a succession of delays.

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            ▪ After Alphabet (Google), Vestas is “in negotiations” to sell its stake in the Turkana project

▪ The Danish wind turbine manufacturer is also seeking to dispose of the project, the largest Kenyan PPP in terms of investment, but which has been afflicted with a succession of delays.

http://www.jeuneafriquebusinessplus.com/en/803551/apres-alphabet-google-vestas-aussi-en-negociations-pour-ceder-sa-participation-dans-le-projet-turkana/

13/03/2020 at 16h29, by Jeune Afrique Business+, updated 17/03/2020

Without disclosing the reasons for Alphabet‘s withdrawal last December, Vestas Wind Systems A/S explained to Jeune Afrique Business+ that management is already in negotiations with potential buyers of its stake, held by Vestas Eastern Africa Ltd, a wholly owned subsidiary of the group.

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