Vestas Wind Systems — M&A Activity 2017

Jun 21, 2017

Aarhus, Denmark, 2017-06-21 16:17 CEST (GLOBE NEWSWIRE) --

In connection with OOO Fortum Energy being awarded a series of onshore wind
power projects in the recently concluded Russian auction of renewable energy
projects, the Fortum-RUSNANO wind investment fund has chosen Vestas as supplier
for wind power projects.

As a part of the discussions between the parties, Vestas is planning to
establish manufacturing facilities in the Russian Federation to comply with the
local content requirements.

Vestas will disclose another company announcement if and when the respective
agreements are finalised.

Contact details
Vestas Wind Systems A/S, Denmark
Hans Martin Smith, Senior Vice President, Group Treasury and Investor Relations
Tel: +45 9730 8209