Vestas Secures Mega Order: Vestas Receives 1.38-GW Offshore Order from RWE for UK Offshore Major Project Vanguard West - Share Price Rises

Swindon (UK) - Vestas has received a firm order for the 1,380 MW offshore wind project Vanguard West in the United Kingdom. The client is RWE.

The announcement follows RWE’s success in securing a Contract for Difference (CfD) for the project in Allocation Round 7 (AR7), as well as the announcement of a long-term partnership with KKR, a leading global investment firm, for the joint development of the offshore projects Vanguard West and Vanguard East.

The order includes the supply, transport, and commissioning of 92 flagship V236-15.0 MW turbines. After construction is completed, Vestas will initially provide a comprehensive five-year service agreement, which will then transition into a long-term operational and maintenance contract.

Sven Utermöhlen, CEO of RWE Offshore Wind, emphasizes the strategic importance: “Following RWE’s success in Allocation Round 7 and our joint partnering with KKR, this turbine supply agreement marks a further important step towards delivering the Vanguard West project. Given RWE’s significant offshore experience, we are delighted to be partnering with Vestas, who have extensive expertise in turbine manufacture and delivery.”

Vestas also highlights the growing market momentum. Nils de Baar, President of Vestas Northern & Central Europe and Global Offshore, states: “The momentum behind offshore wind in Europe is building with the UK Government stepping up its commitment in AR7 and projects like Norfolk Vanguard West moving forward.” This sends “a strong signal of the UK’s determination to advance its renewable energy goals.”

The project site is located approximately 47 kilometers off the coast of Norfolk in East Anglia. The Final Investment Decision (FID) is targeted for summer 2026, with commissioning planned for 2029.

Vestas shares, listed in the renewable energy index RENIXX World, rose 4.5 percent last week to €21.44 (closing price, 20.02.2026, Stuttgart Stock Exchange). The stock is currently trading at €21.17.

Source: IWR Online, 24 Feb 2026