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Windtech International September October 2024 issue

 

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Integrated Wind Solutions (IWS) has announced that it has exercised the fixed-price option to increase its ownership in Peak Wind Group (Peak Wind) from 30% to 49%.
 
The option was agreed upon as part of IWS’s initial investment in Peak Wind in September 2021. The purchase price for the additional 19% shares is DKK 66.5 million, with adjustments for net cash. The transaction will be settled using cash held by IWS and is expected to be completed in September 2024.
 
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