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Vestas shares soar to new heights
1 August 2000
Vestas' share price on the Copenhagen stock exchange soared to new heights last month following a DKK 500 million (EUR 67 million) order for 200 of its 660 kW turbines and an option for a further 600 units placed by American FPL energy (see US Wind Wire). If FPL goes ahead and buys all 800 turbines the deal will mean revenues of DKK 200 billion. On paper Vestas is now worth more than the combined value of two of Denmark's industrial heavyweights, the Carlsberg brewing concern and the Danisco food group, according to the Jutland Post newspaper.
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