RICHLAND, Wash. – A prominent wind energy company – with North American headquarters in the Pacific Northwest – may be acquired by a rival Chinese corporation.
A Danish newspaper, Jyllands-Postenis, is reporting that two Chinese companies are considering takeover bids for Vestas Wind Systems. The Danish firm’s North American headquarters are based in Portland.
Reuters reports that Vestas shares jumped nearly 15 percent after the newspaper report. According to a Bloomberg report, the Danish Energy Minister says the government would not block a takeover bid because Vestas is a private business.