BRIEF-Vestas 254 MW order in Brazil cancelled

viernes 3 de octubre de 2014 02:36 GYT
 

COPENHAGEN Oct 3 (Reuters) - Vestas Wind Systems A/S : * Says delivery of a 254 MW project to the customer CPFL Renováveis in Brazil has been cancelled. * Says cancellation relates to changes to local Brazilian legislation which occurred after the contract was agreed. * As CPFL and Vestas have been unable to agree on the consequences of those specific legislative changes, CPFL and Vestas have amicably agreed to the cancellation of the project. * Says CPFL Renováveis and Vestas are currently in the process of discussing the details of the cancellation and its related consequences. * Says does not expect the cancellation to impact the company's outlook for

2014. Source text for Eikon: