Nordic Business Report-January 24, 2007-Proventia Group Oy sells shares in Winwind Oy (C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com Finnish environmental technology company Proventia Group Oy said on Wednesday (24 January) that it had sold its shares in the Finnish wind-turbine manufacturer Winwind Oy to the Indian company Avis Ventures Ltd, part of Sterling Infotech Group (SIG). The sold shares represent about 14% of the ownership of Winwind, the company said. Head Invest Oy, Proventia Group Oys main owner, has also sold its 14.4% stake in Winwind Oy. The sales price was not disclosed. Avis invested EUR20m in Winwind Oy in August 2006 and after this share purchase it will become a majority owner of the Finnish company. Proventia said that the sale of the Winwind Oy shares will have a significant positive effect on the groups net result for 2006. Proventia Group Oy is headquartered in Helsinki, Finland. One British pound (GBP) is worth approximately 1.49 euros (EUR). ((Comments on this story may be sent to [email protected]))