DJ Wind Turbine Makers Rise on Macron's EUR30 Bln Investment Plan -- Market Talk
1200 GMT - Shares in wind-turbine makers Siemens Gamesa Renewable Energy and Vestas Wind Systems rise after French President Emmanuel Macron announced an investment program centered on green energy worth billions of dollars. Mr. Macron put forward a EUR30 billion plan aimed to revitalize the country's energy, transport and technology sectors that would decarbonize much of its industry. Plans included a EUR500 million investment in onshore and offshore wind and solar power, business news channel BFM reported. The French leader added that he wanted France to become a global leader in green hydrogen and to have a low-carbon airplane by 2030. Siemens Gamesa and Vestas trade up 3.7% and 4.4% respectively. (edward.frankl@dowjones.com)
(END) Dow Jones Newswires
October 12, 2021 08:00 ET (12:00 GMT)
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