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EU to investigate Goldwind Science & Technology on possible subsidies

BRUSSELS, Feb 3 (Reuters) - EU state aid regulators opened a full-scale investigation into Chinese wind turbine maker Goldwind Science & Technology 002202.SZ on Tuesday on concerns that it may have received foreign subsidies giving it an unfair advantage in Europe.

The move by the European Commission followed requests for information sent in April last year to a group of Chinese suppliers of wind turbines under the EU's Foreign Subsidies Regulation which targets unfair foreign state aid.

"The Commission has preliminary concerns that these foreign subsidies may improve Goldwind's competitive position in the internal market and may negatively affect competition for the supply of wind turbines and related services in the EU," the Commission said in a statement.

 (Reporting by Foo Yun Chee)

 ((foo.yunchee@thomsonreuters.com; +32 2 585 2866; Reuters Messaging: foo.yunchee.thomsonreuters.com@reuters.net))

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