Fortum launches arbitration against Vestas over Russian wind farm contracts

Fortum has launched an arbitration case against Vestas after the Danish manufacturer terminated wind turbine supply contracts in Russia following the invasion of Ukraine.

by Craig Richard
Vestas signed agreements to supply Fortum wind farms in Russia prior to Putin’s invasion of Ukraine in February 2022 (pic credit: Frank Boutrup Schmidt)
Vestas signed agreements to supply Fortum wind farms in Russia prior to Putin’s invasion of Ukraine in February 2022 (pic credit: Frank Boutrup Schmidt)

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