China Wind Turbine Maker Eyes Spain for Factory After UK Snub

Wind turbine blades at a Ming Yang Smart Energy Group Ltd. plant in Baotou, Inner Mongolia.Photographer: Qilai Shen/Bloomberg

Ming Yang Smart Energy Group Ltd. is considering building a wind turbine factory in Spain after the UK blockedBloomberg Terminal the Chinese company’s plans for a facility in Scotland, citing risks to national security.

The wind turbine maker has been hiring in Europe in recent months to build up a local presence and secure orders in a market that’s set to grow rapidly in the coming decades. Manufacturing in the region will be key to its ability to secure business there, according to Horatio Evers, chief executive officer of Ming Yang Europe.