Vestas: Has Calm In Europe Created An Investment Opportunity?

Keith Williams
8.79K Followers

Summary

  • Vestas Wind Systems is the leading wind turbine manufacturer with a major maintenance business - designated the world’s most sustainable company.
  • Uncertainty abounds about Biden renewable energy plans (Build Back Better Act), but offshore wind is taking off in the US and globally.
  • Recent events in Europe (low wind, natural gas shortages) have led to focus on fossil fuels. This won’t last.
  • Interest in wind power (especially offshore) is booming in Europe, Asia and the US.
  • Market pullback plus short-term setbacks mean opportunity for investment in Vestas.
Wind turbines

claffra/iStock via Getty Images

In comments on my recent article concerning the possible effect of electrification of transport on Exxon Mobil’s (XOM) prospects, commenters attacked my earlier article on comparison of XOM with Vestas Wind Systems (OTCPK:VWDRY) and also

This article was written by

8.79K Followers
Keith began his career as a research scientist (developmental biology, biochemistry, molecular biology) at the Australian National University, University of Oxford (UK), the Max Planck Institute for Biochemistry (Munich, Germany) and finally Macquarie University (Sydney) where he held a Chair in Biology and established the Centre for Analytical Biotechnology. Pioneering the area of proteomics (with Marc Wilkins in his group coining the term), Keith established the world’s first government-funded Major National Proteomics Facility (Australian Proteome Analysis Facility) which was involved with industrialising protein science. Keith left academe with his team to found Proteome Systems Ltd in 1999 to commercialise proteomics. The company had a strong focus on intellectual property, engineering/technology and bioinformatics. As CEO he led the company to ASX listing in 2004. Since 2005 Keith has been involved in new business development in biotech, e-health and other emerging technologies. Keith sees climate change and sustainable development as a major issue for humankind and also a major business disruptor/risk and opportunity. Keith holds a Bachelor Agr Science from the University of Melbourne and a PhD from the Australian National University. He is a Fellow of the Australian Academy of Technological Sciences & Engineering and received an AM (Member of the Order of Australia) for services to the Biotechnology Industry. He has received various industry awards including an Innovation Hero Medal from the Warren Centre for Advanced Engineering. With 300 scientific papers and many patents written, Keith has a clear view of innovation in the Biotechnology and Climate/Renewable Energy space. He is not a financial advisor but his perspective adds relevance to decision-making concerning feasibility and investment in technology innovation.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of VWDRY, DNNGY, RWEOY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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