Danish wind turbine maker Vestas Wind Systems A/S (<a href="https://www.nasdaqomxnordic.com/aktier/microsite?Instrument=CSE3258&name=Vestas%20Wind%20Systems&ISIN=DK0061539921" target="_blank">CPH:VWS</a>) and Finnish energy company Fortum Oyj (<a href="https://www.nasdaqomxnordic.com/shares/microsite?Instrument=HEX24271" target="_blank">HEL:FORTUM</a>) have settled the arbitration related to wind energy projects in Russia, the parties announced on Thursday.