Danish Vestas Wind Systems and Mitsubishi Heavy Industries  

Form Offshore Wind Joint Venture in Denmark

2014.04.03

A joint venture dedicated to offshore wind power between Danish wind turbine producer, Vestas, and Japanese Mitsubishi Heavy Industries (MHI) is now reality. The new company, MHI Vestas Offshore Wind, has 380 employees and is headquartered in Aarhus, Denmark.

Vestas V164-8MW 

The Danish Minister for Trade and Development welcomes the new player in the Danish wind industry:

- “I am pleased to see the leading Danish offshore industry reinforced through this new international joint venture. The fact that Mitsubishi Heavy Industries chooses Denmark as the hub for all future offshore wind activities is a recognition of Danish competencies, and I am confident that the new joint venture will show results both in terms of green solutions, jobs and turnover.”

Mitsubishi Heavy Industries is going to consolidate all current offshore wind activities in the new Danish-based company and see a great potential in joining forces with Vestas:

 “I am pleased to see MHI Vestas Offshore Wind now being operational. Vestas and Mitsubishi Heavy Industries each hold invaluable experience and knowledge which makes this joint venture an ideal opportunity and a technologically and financially robust platform to obtain a global leadership position within offshore wind,” says Chairman of the Board of MHI Vestas Offshore Wind, Masafumi Wani, former Managing Executive Officer of Mitsubishi Heavy Industries, in a press release.

Vestas is the world’s largest wind turbine producer and announced negotiations with MHI in August last year. Like MHI, Vestas will place all future offshore wind activities in the new joint venture. 

We are already seeing the benefits of building on the capabilities and offshore track record of Vestas and MHI’s long-standing presence in global power markets and within related technologies and we have received tremendous positive feedback from our customers on the establishment of the joint venture. We look forward to taking the next steps in providing very competitive products and services to our customers as an independent company,” says Chief Executive Officer of MHI Vestas Offshore Wind, Jens Tommerup in a press release.

Vestas has transferred the development of its large V164 8 MW offshore wind turbine to the new company and bringing it to market will be one of the first missions of MHI Vestas Offshore.

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Peder Bo Sørensen

Peder Bo Sørensen

+45 2170 5851

pedsor@um.dk

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