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Joint Venture: MHI Vestas Offshore Wind now operational

Aarhus, Denmark - Final closing of the joint venture between Vestas and Mitsubishi Heavy Industries (MHI), dedicated to offshore wind power, has now taken place.

The new company, MHI Vestas Offshore Wind, has 380 employees and is headquartered in Aarhus, Denmark. The joint venture is responsible for the design, further development, procurement, manufacturing, installation, commissioning and service related to the V164-8.0 MW turbine as well as all marketing, sales and after-sales service related to offshore wind. Vestas and MHI have transferred a total of 380 employees to the new entity, which is owned equally by the parent companies. Anders Runevad, CEO of Vestas Wind Systems A/S and Vice Chairman of MHI Vestas Offshore Wind, is confident about the future of the new joint venture and states:



Source: IWR Online, 01 Apr 2014

 


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