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Showing results for Vesta Sells
...Turbine manufacturer Vestas fell to a €130mn loss in the second quarter....
...Wind companies generally agree long-term contracts that fix the price at which they sell energy....
...Bluebell says it is not averse to investments in renewable energy: it has previously invested in wind turbine maker Vestas and acquired a stake in RWE to bet on the German utility’s shift towards wind and...
...Danish turbine maker Vestas raised a red flag about spiralling raw material and transport costs in 2021. Executives across the industry should have paid more attention....
...But, before she could agree the purchase and secure the mortgage, she needed to sell her studio flat....
...“We don’t think it’s fair that we have established our technology that lasts decades and then we lose money,” says Henrik Andersen, chief executive of Danish manufacturer Vestas, which made the Seagreen...
...Given the recent sell-off, deeper cuts will be considered....
...High valuations do not offer a strong enough sell catalyst for patient capital to act on. The Lex team is interested in hearing more from readers....
...Short sellers, who borrow shares that they then sell in the market, hold cash with their broker until they close a trade, ideally by buying back the shares at a cheaper price....
...likely to have helped contribute to the sustained demand for clean energy funds this year, even as broader environmental, social and governance (ESG) portfolios have seen their popularity ebb amid the wider sell-off...
...The global turbine market is largely bifurcated: Chinese turbine makers primarily sell domestically, with non-Chinese peers supplying outside of China....
...Vestas, the world’s biggest wind turbine manufacturer, said in May that Russia’s Ukraine invasion was hurting demand....
...Denmark’s Vestas, the world’s largest maker of wind turbines, and Ørsted, the world’s biggest offshore wind farm developer, said governments needed to simplify their planning processes....
...Tariq Fancy, BlackRock’s former global chief investment officer for sustainable investing, observed that ESG offered asset managers a way to sell higher-fee products with little, if any, environmental benefit...
...Wind turbine maker Vestas warned supply chain and profitability woes in the wind turbine industry would continue throughout 2022, Richard Milne reports....
...But the flame lives on for intrepid campers, the world’s phillumenists — who collect and sell them for tidy sums — and for someone, somewhere, burning another hole in the upholstery....
...Vestas, the world’s largest wind turbine manufacturer, says the war in Ukraine will add to the industry slowdown....
...A difficult quarter for the world’s biggest wind companies has taken the shine off several renewables darlings amid an accelerating sell-off in clean energy shares....
...Clean energy stocks have experienced a sharp sell-off this year, after reaching all-time highs in January, as nervousness has crept in among investors about the speed of the sector’s growth....
...Vestas, which manufactures turbines and sells them to wind developers such as Orsted, reported slightly lower profits for 2020 than the previous year, and the company’s share price dropped 2 per cent in...
...TotalEnergies agreed a $125mn-plus deal with entrepreneur Andrew Austin to sell a 20 per cent stake in a group of gas-producing fields north-west of the Shetland Islands....
...Vestas said the wind turbine industry’s supply chain and profitability woes would continue, as the green energy industry faces challenging times....
...This would mean the iShares ETFs would need to pump more than $400m into each of Vestas Wind Systems, Orsted and NextEra Energy, as well as large sums into Chinese groups such as China Longyuan Power, Xinjiang...
...While it has pledged to focus more on energy transition, it agreed on Thursday to sell its stake in a joint venture with Denmark’s Vestas in offshore wind turbines for about €709m, well below the €1.25bn...
...“There is a ‘green premium’ on a lot of these stocks,” said Max Yates, research analyst at Credit Suisse, giving the example of highly valued wind companies Vestas and Orsted....
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