Kenya: No Turkana stake for Google
- 27 Feb 2020
| 1 minute read
Denmark’s Vestas Wind Systems is seeking a new buyer for its 12.5% stake in Lake Turkana Wind Power (LTWP) following cancellation of plans for Google to buy into the 310MW project. “Due to delays relating primarily to the transmission line, the Vestas agreement with Google was cancelled in 2019,” Bloomberg quoted Vestas spokesman Anders Riis as saying. “As Vestas’ strategy doesn’t include being a long-term wind park owner, we’re currently in commercial dialogue with potential buyers of our shares.”
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