Turbine Makers Feel the Winds of Change

A reduction in government subsidies has blown the wind turbine industry off course, but Morningstar analyst Andreea Matysiak thinks there are opportunities to be found

Robert van den Oever 11 October, 2019 | 11:46AM

Vestas wind turbine

The wind energy market has been built up over the years by government subsidies, but now these are being phased out, where does that leave investors? 

It's no surprise then that the share price of Denmark's Vestas (VWS), one of the largest wind turbine suppliers in the world, has been under pressure.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
General Electric Co10.42 USD3.50
Siemens Gamesa Renewable Energy SA27.90 EUR0.00
Vestas Wind Systems A/S1,192.00 DKK-2.93

About Author

Robert van den Oever  is Research Editor of Morningstar Benelux

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