Wind Turbine Makers Deny Reported Enron Purchase

Two of the of the world’s largest manufacturers of wind turbines, Vestas Wind Systems and NEG Micon, deny that they are interested in buying Enron Wind.

COPENHAGEN, Denmark, DK, 2001-09-04 [] The U.S.-based Enron was reported by the Sunday Business newspaper of London, to be talking about selling its turbine manufacturing business for £500 million. The two Danish companies say that buying the U.S. company would give them neither a technical advantage, nor a big boost in market shares. NEG Micon says it already has a global presence in the most important markets of Germany, the U.S. and Spain. Vestas adds that it is more likely that a financial group may buy Enron Wind and, whatever happens, it won’t change the competitive picture in the market for wind energy.
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