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Vestas to acquire a minority stake in Sowitec
April 12, 2019

Vestas has announced its acquisition of a 25.1% minority stake in Sowitec with an option to acquire the entire company within three years. Headquartered in Germany, Sowitec is a sustainable energy developer with around 60 wind and solar projects totaling more than 2,600 MW across the globe. Sowitec is expected to report revenues of EUR 30m for 2018.

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