CS Wind Signs KRW82.4 Billion Wind Tower Supply Deal with Vestas American Wind Technology; Shares Jump 12%

MT Newswires Live
07-21

CS Wind (KRX:112610) signed an 82.4 billion won wind tower supply contract with US-based Vestas American Wind Technology, with deliveries bound for the US.

The contract spans from July 18, 2025, to January 2, 2026.

Payments will be made 60 days post-delivery, plus at the end of each month, plus five days. No advance payment is included, the South Korean wind turbine towers manufacturer said in a Monday filing with the Korea Exchange.

Shares of CS Wind jumped nearly 12% in recent trade.

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