Posted by: Windfair Editors
Vestas Takes Over Full Ownership of MHI Vestas Offshore Wind
Official Press Release MHI Vestas:
Vestas and Mitsubishi Heavy Industries strengthen partnership in sustainable energy
Vestas Wind Systems A/S (Vestas), a world leader in sustainable energy solutions, and Mitsubishi Heavy Industries, Ltd. (MHI), a leading global manufacturing and engineering firm, have signed an agreement to expand their partnership in sustainable energy. The strengthened partnership entails that Vestas will acquire MHI’s shares in the MHI Vestas Offshore Wind (MVOW) joint venture, and MHI will acquire 2.5 percent in Vestas and be nominated to a seat in Vestas’ Board of Directors.
Through the strengthened partnership, Vestas makes an emphatic long-term move in offshore wind energy to become a leading player in offshore wind by 2025 and to expand the two companies’ overall leadership in sustainable energy. A new offshore wind turbine platform will also be imminently... ... More: Official Press Release MHI Vestas
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- MHI Vestas, offshore, Vestas, Mitsubishi, seat, turbine, sustainability, share, Board of Directors, costs, green hydrogen