2020-11-29
http://w3.windfair.us/wind-energy/news/35900-mhi-vestas-offshore-vestas-mitsubishi-seat-turbine-sustainability-share-board-of-directors-costs-green-hydrogen

Vestas Takes Over Full Ownership of MHI Vestas Offshore Wind

Image: MHI VestasImage: MHI Vestas
The strengthened partnership entails that Vestas will acquire MHI’s shares in the MHI Vestas Offshore Wind joint venture, and MHI will acquire 2.5 percent in Vestas and be nominated to a seat in Vestas’ Board of Directors.

Official Press Release MHI Vestas:

Vestas and Mitsubishi Heavy Industries strengthen partnership in sustainable energy

Wind Industry Profile of
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

Keywords:
MHI Vestas, offshore, Vestas, Mitsubishi, seat, turbine, sustainability, share, Board of Directors, costs, green hydrogen







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