KK Wind Solutions to acquire converters and controls business from Vestas.

KK Wind Solutions, a partner in electro-mechanical systems for wind turbines, agreed to acquire converters and controls business from Vestas, a partner on sustainable energy solutions. Financial terms were not disclosed. “Across our global supply chain footprint, we are increasingly collaborating with partners to scale efficiently and build on the foundations we have established. This includes focusing our own resources to where they are most efficient and moving parts of our business to be run by other industry leaders who can create more value and secure additional long-term jobs. I’m therefore very excited about the agreement with our partner KK Wind Solutions, which can help grow and mature the wind energy supply chain,” Tommy Rahbek Nielsen, Vestas Executive Vice President and COO.