ENERGIA LIMPIA XXI. Vestas and Mitsubishi Heavy Industries, Ltd. (MHI) have closed the agreement to expand their partnership in sustainable energy, ref. Company Announcement no. 33/2020 of 29 October 2020. By closing the agreement, Vestas has acquired MHI’s shares in the MHI Vestas Offshore Wind (MVOW) joint venture, while MHI has acquired 2.5 percent in Vestas and will be nominated to a seat in Vestas’ Board of Directors.Bert Nordberg, Chairman of the Board of Vestas, said “Welcoming offshore back is the beginning of a new chapter in Vestas’ history, offering strong growth opportunities towards 2030 and further acceleration of the deployment of renewable energy. Since we divested our offshore business back in 2013, we have had a great partner in Mitsubishi Heavy Industries, which we were fortunate to visit a couple of weeks ago, and it is with great pride that we today embark on a new journey together.”

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