Chinese wind power companies are considering the acquisition of Danish wind power giant Vestas

Denmark's huge wind power producer, Vestas Wind Power, is worth DKK 10 billion, which is about 1.8 billion U.S. dollars. Chinese wind power producer Huarui Wind Power and Goldwind are considering the acquisition of the Danish wind power giant. Danish News reporter Jyllands-Posten wrote on Monday morning. According to the newspaper’s information, a number of Danish financial companies knew this information and discussed the company. At the same time, the Vestas share price fell sharply, mainly due to the company's disappointing business case, management issues, and price pressures in the wind power market.

The largest circulation newspaper in Denmark, the Jyllands-Posten, reported on April 16 that Chinese wind power machine makers Sinovel and Goldwind have already acquired Danish counterpart Vestas. ) showed interest.

According to this report, a number of Danish financial institutions are aware of this issue and have discussed with Sinovel and Goldwind.

According to an analysis of an anonymous person cited in the "Jylland Post", the matter is not yet clear, Vestas can sell, but investors who purchase their shares at high prices will say no to lower purchase prices.

Hua Gang, Vice President of Wind Power Tao Gang did not directly deny this news when he was interviewed by Caixin. He said that if there is news that needs to be published, it will be announced as a listed company. Regarding whether there has been a preliminary acquisition intention, he said, "What do you want me to say?"

When responding to Caixin's inquiries, Goldwind said that it does not comment on rumors in the industry. “If Goldwind has any plans for mergers and acquisitions, it will be announced through official announcements.”

Vestas is still the world's largest manufacturer of wind turbines. According to a report released by BDM, the Danish wind power consultancy, at the end of last month, Vestas’ market share in 2011 was 12.9%, and Goldwind was the second most-ranked, with a market share of 9.4%.

The days of Sinovel and Goldwind are actually not too good. Due to the declining prosperity of the domestic wind power market and the reduction of equipment prices, the financial data of the two companies in 2011 showed a sharp decline compared to 2010.