# CS Wind to acquire Vestas' Pueblo tower factory in Colorado

Vestas has signed an agreement to sell its tower manufacturing facility in Pueblo, Colorado, to CS Wind, a Korea-based tower manufacturer. The deal aims to enable increased volume and multi-brand tower production, with Vestas securing an agreed volume of output.

- Type: Acquisition
- Announced: 2021-06-03
- Where: Pueblo, Colorado, United States
- Value: $150.0M
- Status: announced
- Capacity: over 3,000 tower segments per year
- Products: wind turbine towers
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Vestas Wind Systems](https://endata.com/companies/1013.md) (target)
- [Vestas](https://endata.com/companies/1364.md) (target)
- [CS Wind](https://endata.com/companies/7243.md) (acquirer)

## Sources

- [nawindpower.com](https://nawindpower.com/cs-wind-signs-agreement-to-acquire-vestas-pueblo-tower-factory), 2021-06-03: "Vestas has signed an agreement with CS Wind, a Korea-based tower manufacturing company, for the acquisition of Vestas’ tower manufacturing facility in Pueblo, Colo."
- [kedglobal.com](https://www.kedglobal.com/us/energy/newsView/ked202106040006), 2021-06-04: "The US factory is expected to create an annual revenue of 1 trillion won after it completes capacity expansion by 2023."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
