Finland sues global major over Russian turbines
Apr 15th 2023 8:30am EDT
State-owned Fortum alleges Danish wind-power firm Vestas failed to return advance payments for project canceled due to sanctions Finland’s state-owned energy company Fortum Oyj has launched International Chamber of Commerce (ICC) arbitration proceedings against Danish wind-energy giant Vestas over the termination of contracts to deliver around 50 wind turbines to Russia. According to the Finnish […]
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