Capital injection enables Fiberline Composite wind sector growth
ABN AMRO’s Energy Transition Fund (ETF, Amsterdam, Netherlands), an independent subsidiary of Dutch bank ABN AMRO, recently acquired 34% of the shares in Fiberline Composites A/S (Middlefart, Denmark) a company that manufactures carbon- and glass fiber-pultruded products to strengthen wind blades. With this transaction, Fiberline will have the financial power to expand its activities in the wind sector. Further, to achieve the business plan, a new board of directors with a firm footing in the wind sector will be appointed. Focused on supporting equity capital in companies and early-stag...
Source: compositesworld.com