Vestas takes legal steps against the Indian companies RRB Energy and ECO RRB

Vestas has filed two lawsuits at the High Court of New Delhi against RRB Energy and ECO RRB to seek recovery of the amounts that RRB Energy and ECO RRB owe Vestas. In addition hereto, Vestas has in June initiated an ICC arbitrational procedure in India against RRB Energy, for payment of old debt, which RRB Energy has refused to pay. The total amount in question is approximately EUR 24m, whereof old unpaid debt accounts for approximately EUR 5m.
Vestas maintains the position as stated in company announcement of 24 May 2013 that the former Chief Financial Officer Henrik N