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Company News

Orsted joins auction for German solar firm ib vogt - sources

FRANKFURT, Nov 3 (Reuters) - Denmark’s Orsted, the world’s largest offshore wind farm operator, has joined the race to buy German solar project firm ib vogt, two people familiar with the matter said, in a sign that competition for renewable assets is heating up.

Deutsche Bank-owned wealth manager DWS and Canada’s Northland Power are also still trying to buy the firm, which is led by former Q-Cells CEO Anton Milner, the people said. (Additional reporting by Jacob Gronholt-Pedersen in Copenhagen; editing by Thomas Seythal)

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